Carryforward Loss incurred by beneficiary after the death of grantor but before the real property is taken out of the trust?
Kaye's answer
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Answered on October 20, 2022
Nobody should attempt to administer a trust without the assistance of an expert trust or probate law attorney. You need to consult an attorney...
Does the irs come after you forever. I worked jobs for like $30,000-40,000 for a few years around 1993-1997. ?
Kaye's answer
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Answered on October 20, 2022
You need to contact an expert taxpayer defense attorney ---- someone local, not someone in another part of the country. He/she can obtain your...
Can I sue H&R Block for errors in my taxes and not covering penalties with their Peace of Mind coverage that I paid for?
Kaye's answer
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Answered on October 20, 2022
This is not really a tax question. I am changing the category to "contracts & agreements" as this is really a contract issue.
Tax-related questions for the resident alien.
Kaye's answer
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Answered on October 20, 2022
The purpose of this forum is to ask questions of a general nature. Not hypotheticals, and not questions that you should be consulting a CPA or a...
Do I have to pay any taxes for this quitclaim?
Kaye's answer
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Answered on October 19, 2022
You should consult an attorney or CPA before attempting any transaction like this. As for your refi scheme, it's not a good idea because you...
Am I forgiven for federal taxes owed after 10 years ?
Kaye's answer
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Answered on October 18, 2022
You should consult a tax attorney or CPA to find out exactly when your tax debt expires. There are many things that can extend the 10 year statute.
I'm a US resident and selling my real property in Puerto Rico. What are my tax consequences when there's a capital gain?
Kaye's answer
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Answered on October 18, 2022
Agree with Mr. Isquith. You will owe capital gains tax. Best to consult a CPA for specifics.
Do we owe property gains tax?
Kaye's answer
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Answered on October 18, 2022
Nobody can answer your question without more facts. You need to consult a tax attorney or CPA.
In my will, can I give my parental rights of my 6 yr old to my sister if I die?
Kaye's answer
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Answered on October 18, 2022
As Mr. Popp said in his answer, the Probate Court is responsible for appointing a guardian for your child. Although it sounds as though the...
Do I qualify for an exception on capital gains taxes?
Kaye's answer
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Answered on October 18, 2022
Agree with Mr. Cowan. You should have your 2023 income tax return prepared by a tax professional so that your condition is properly disclosed on...
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