I rented my house and so had rental income in 2014 as my first year. Do I must take the Depreciation Deduction when filing tax?

No you do not need to take the deduction. You can start taking the deduction for past years in the future but you will only get a refund for the...

Still need an attorney for my son that was shot by police and for the doctor that messed up his arm

This is a very serious issue. I do not handle this area of law myself but I know a very good attorney here in Orlando who handles these kinds of...

Am I allowed to raise money for charities and earn money from it?

This sounds like a bad idea. Many states have prize and lottery rules that may disallow that. If you raise money for charities, you should give...

If my ex agreed to take over our tax debt and pay on time, but has not made a payment, do I need to take him back to court?

Yes, you are still liable for the tax debt if the tax debt was from the time you filed married filing jointly. You should go to court and ask for...

My fiancee just found out that he owes back taxes. If we marry, will I be liable for his taxes owed?

You are not liable for his tax liability. That being said, you may want to encourage him to settle with the IRS by getting on an installment plan....

I want to sell an S-corporation I own 50% of. How would II get taxed on sale (capital gains, ordinary income etc) in Florida?

I agree with the others. This is complicated and you should talk to a tax attorney, such as myself or others. Even though you say the company...

Is there a tax benefit between a deed in lieu of foreclosure vs. just letting the mortgage company foreclose?

This is a complicated question and I will be as complete as possible but the answer will depend on your specific facts. Whether you do a short...

Are there any tax consequences related to transfer of stock shares between domestic partners?

If you transfer shares or cash or other property, you can be subject to gift tax. You can gift up to $14K per year per person without needing to...

If you have a tax bill from incompetent actions

You should hire a tax attorney to review your tax issue. If they were done wrong by a practitioner they can be amended to the correct tax and any...

you will want to file a 14157 and 14157A with the IRS. I have a similar case right now except it was the tax preparer himself that deposited the...