I always recommend that returns be filed even though you have no liability. Had that been done you would not be facing your current dilemma. The...

In general the answer would be no. The trustee is not an owner of the trust. I recommend that you look further into what is going on to see exactly...

How would taxes will hit if i own a US corp / llc and route all my income thro US company (but shows as expense in accounts)

I highly recommend that you consult with an attorney who is knowledgeable regarding business formation and the taxation of the different...

Can I take the $55K as a business expense and tax write-off for 2015?

Generally this would be basis. I highly recommend that you consult with a tax attorney or at a minimum a CPA regarding your proposed transaction.

Have you discussed this with your attorney? A decision should be made after taking everything into consideration. If you are doing this yourself,...

Where can I find out what the State regulations and the tax benefits are for having a home office

This link will help you with regard to home office deduction for federal tax...

http://www.taxesforexpats.com/articles/financial-planning/foreign-inheritance.html http://wealthmanagement.com/taxes/new-fbar-and-tax-filing-deadl...

Yes you should record it this certificate.

Whats the most you can claim on your taxes from student loans?

The following link may help you: https://www.irs.gov/publications/p970/ch04.html You may be able to deduct interest on loan (not loan itself) up...

It states on the SNAP application those who claim the child on tax returns can claim the child for SNAP. Is that true?

The general tax rule is that the custodial parent is the one who claims the child on the tax return. Under this scenario the application makes...