Capital improvements do increase the basis (which was the fair market value on the date of death). However, general repairs for maintenance do not....

Can I file an amended Tax Return for 2015 because refunds were taken by both fed and state.

You can claim injured spouse relief with the IRS. However, I am not licensed in California and do not know whether the community property laws of...

Can I sue for Tax returns ?

Not sure how the refund was going to be 'appropriated for the child". If she is feeding the child, housing the child, clothing the child, etc....

Can I claim the check I get for my adopted child as income on my personal taxes?

I recommend that you consult with an attorney who can thoroughly research this issue. IRS Pub 17 excludes welfare or public assistance payments...

What are the tax ramifications of selling my residence AFTER my divorce?

You are divorced and the house is owned solely by you since you bought out your ex-wife. You cannot use her homestead exclusion.

Green card abandonment and Taxes

I recommend that you discuss your questions with an immigration attorney. So long as you have a green card, you are a US resident and are required...

Is it possible to change from a nonprofit c-corporation to a for-profit S-Corp or LLC?

No you cannot. A non-profit means that the corporation applied for and received tax exempt status from the IRS because its activities qualified...

Is it illegal to sports bet in MD?

You should speak to an attorney in Maryland, possibly a criminal one, regarding the legality of betting Maryland. With regard to federal tax...

Will the amount of your AGI on your tax return transcript affect your mortgage process?

My recommendation is that you speak to a lender who can provide guidance regarding what factors the bank takes into consideration when issuing a...

Obtaining property from a delinquent tax debt...

Perhaps your best course of action is to discuss this with a local real estate attorney or one who handles tax sales who can tell you what the norm...