How does the 0% capital gains tax work? Can someone with no income but 100K of capital gains still get a zero percent rate?

You should meet with an accountant in your state to talk about the particulars of your situation.

For federal tax purposes, it makes no difference, really. Each individual has a lifetime exemption (right now) of 5.45 Million. He can totally...

Wisconsin DOR pursuing Florida software company with no presence in the state for income taxes, how to defend against this?

You will want counsel on this. Interstate commerce cases are a little tricky.

Who pays the gift tax if my cousin who lives in Massachusetts gifts Me (resident of NM) land in Colorado?

The federal law is that each person can gift $14K per year per person. If the amount is over 14K, the giver must file a gift tax return, but can...

Do I owe?

You and her filed jointly so both you are her are jointly liable for the whole amount of the tax liability. A state court order doesn't change...

You should hire an attorney or reach out to a low income tax clinic. It could be that someone else tried to claim the children. The types of...

How to save my elder disable dad land?

These sound like property taxes. You need to call the county or city and see how much taxes are and pay them or set up a payment plan since there...

When I receive a check for 20000 do I have to pay taxes on it it's from a lawsuit?

You need to fill out the w9 form as the other side has filing requirements with the IRS. Depending on the type of lawsuit that money may or may...

Call the IRS and request an account transcript for 2012. It will show a zero dollar balance. It can be faxed or mailed to your home or you may be...

I just found out my business partner, whose lawyer prepared corporate returns, failed to report $8 million in income.

That is a lot of coin. You need to hire a tax attorney asap. It is good that you didn't sign that return but things need to be handled delicately...