Is this considered a gift and what about taxes?
No, you haven't committed tax evasion or fraud if you report and pay tax on the funds that you received. You should discuss this matter with an...
Orlando, FL
Tax Lawyer at Orlando, FL
Practice Areas: Tax, Business
No, you haven't committed tax evasion or fraud if you report and pay tax on the funds that you received. You should discuss this matter with an...
Great question. Those who seek a short sale do so because their home or property was underwater and they owe more on it than what the property is...
I don't see anything wrong here either. I also see no criminal repercussions. I do suggest that he see not only a private addiction counselor but...
Those who receive the inheritance do not pay tax on it. The estate may if the value of the estate is over 5.45 million.
For employment law cases, assuming there is no income exemption, you would pay tax on the entire 100% recovery and your attorney would pay tax on...
If you haven't filed your returns because you didn't meet the filing threshold, than that is okay. You can use people as joint sponsors who...
Hire a tax preparer or accountant that also does bookkeeping and lift that burden. It is definitely better to deal with the issue now than later.
Court settlements are considered income unless it is of or related to personal, physical injury. An oil well scam would be taxable but you may...
You should meet with a tax attorney. You can call the IRS yourself or have a representative assist you in getting "wage and income transcripts"...
The work permit is pretty individual but based on your concurrent applications. You should do the affidavit of support and send it in as...