Selling Matrimonial Home in NJ and Capital gains?

Florida is amazing. No income tax. Although property taxes can be high. Under the internal revenue code, if you have lived in your home for...

Can they write this off on taxes?

I agree it would be a business deduction. Since you work at a non profit and 990's are complex, I imagine your organization also works with a...

Do I need to inform IRS?

I totally agree with Mr. Lucas. You need to see a tax attorney familiar with international taxation. In addition to the issue he pointed out, you...

Do I still need to get affidavit of support from my husband if I generate enough income in the US?

It is good you have your income tax returns and w2's but chances are they are going want to also see an affidavit of support.

My Mother passed away recently and my brother and myself lived with her. Do we need to pay taxes?

Sorry for your loss. I lost my mom when I was 21 and it is rough. Your question is vague. 1. Do you know how the property is titled? Is the...

I want to buy a mobile home in a park, i gone pay a lot rent, but they told me that i have to pay land taxes every year?

I am curious as to why you would need to pay property tax on land that you do not own. The rent you pay is not deductible but property tax is. ...

How does Airbnb or booking.com impact me during Tax season

You will likely get a 1099 that has all the income and none of the expenses. I agree with the other attorney that you should get a CPA if you...

I don't recommend throwing it in the trash at all. You should hire an attorney. I agree that 433-A type forms should only take a couple weeks to...

You definitely have options. One option is to be placed in currently not collectable status, as the other attorney has mentioned. That is a...

Do officers & directors of dissolved C Corp face personal liability for failure to file tax returns when company only had losses

The officers do have the potential of being penalized for failure to file returns.