Are there tax implications for a very short term loan to a relative to purchase a home?
I would like to add to Mr. Cole's remarks a couple items. Make sure you get a lawyer to write up a loan document and both sign it. I would hate...
Orlando, FL
Tax Lawyer at Orlando, FL
Practice Areas: Tax, Business
I would like to add to Mr. Cole's remarks a couple items. Make sure you get a lawyer to write up a loan document and both sign it. I would hate...
She can always attach an addendum explaining she hasn't had a filing requirement due to her income level.
They will consider your income without you officially being a sponsor. She can also send copies of her income tax returns. Worst case scenario,...
If there are fraudulent filings, then the PTIN holder can lose their PTIN number.
This is a super interesting case. It may be a case of buyer beware, but it is worth forking up a few hundred dollars for a consultation with a...
I am going to echo Rex and add another voice. You will want to hire a tax attorney who specializes in state and local tax for this audit. These...
Yes, it can. When you file an AOS, you are answering questions that relate to your tax compliance. If you owe the IRS and are not on an...
You don't pay tax on the inheritance. In order to determine how much gain you have, you first need to know your basis. Your basis in the stock is...
This happens all the time and I have had clients in this situation. Relative doesn't want to get a 1099-Misc, so relative uses someone else's...
You will need: Your father's complete name, address and social security number, a copy of the death certificate, and IRS Form 56, Notice...