Do I have to declare a cash or check inheritance on my taxes even though they are not taxable?
No, you do not have to report it. An exception is that all bequests and gifts received by U.S. persons from foreign persons that exceed $100,000...
Atlanta, GA
Tax Lawyer at Atlanta, GA
Practice Areas: Tax, Tax Fraud & Tax Evasion
No, you do not have to report it. An exception is that all bequests and gifts received by U.S. persons from foreign persons that exceed $100,000...
The only thing I would add to the very good answer above is that you will likely want to file married filing jointly UNLESS your spouse may have...
I suspect that the Employer's action fails as a matter of contract, as it is 20% of gross profit, not 20% of gross profit minus what the taxes on...
Absolutely not. Federal law allows only state and federal government agencies (not private creditors) to take your refund as payment toward a debt...
No. If your income is so low that you aren’t required to file a tax return, then you're automatically exempt from the penalty. The subsidy issue...
Sure, if it is not a passthrough entity and it does not pay enough to you or for your benefit to require a return. But usually C Corps are trying...
We don't know your age, any diagnosed disability, assets, or the terms of the original agreement. This is a very fact intensive case. You need to...
If possible, wait until you qualify for the exclusion. It is a financial decision more than a legal decision-- although you should coordinate with...
If you had a mortgage secured by the property that was filed in, you could have superior position to the IRS and not have problems. I assume that...
This is a question for your state court attorney, in terms of getting some type of protective order. You probably wouldn't know or have evidence...