Tax consequences of transeffring the property to llc

From a legal standpoint is not uncommon for a subsidiary or series LLC vehicle to be used for each rental property. For tax purposes, given the...

Wife who I am divorcing claimed our child as dependent two yeas in a row.

This is a topic that can be agreed upon and entered into your divorce decree. One option is to alternate years.

What should I do? I received a letter from the IRS stating that I owe them 31k in taxes. I havent slept since.

There are exceptions for early withdrawals on some IRAs as well, medical bills happens to be one of them. A tax lawyer should be able to assist...

1099 misc only shows net of $6000, last year, can I use this year as exempt & not file taxes since I paid out more than I made

You may also have losses that could bring down your AGI or could carry-forward for lowering AGI is future years.

FSA claiming spent money after deadline

Are you asking if you can claim the $14,000 day care expense or if you can contribute to the FSA for 2012?

Which estate and inheritance taxes apply where the decedent is from one state and an heir is in another state.

What additional facts, not stated, give rise to any tax being due?

Have you considered filing an amended return? Given the facts I don't see why that wouldn't be a viable option? www.LtwLaw.com

A Brazilian citizen buys a property in USA. This person dies. Her kids are all brazilian citizens. How does Income taxes apply

There are also almost certainly real estate/property taxes due as well every year. A tax lawyer should be able to assist you in handling the tax...

Can landlord force a personal guarantee when purchasing new business?

A personal guaranty is typically a major crux in commercial lease negotiations. Along with that issue you may want to also consider termination...

Is the contractor right in changing billing method nearing the end of the job?

You may want to talk to a business law attorney and have them review the agreements and get a better understanding of the timeline. It really...