Property...

US PRs are taxed on their worldwide income. So, yes you will likely be taxed on the income generated in your native country. Please consult a CPA...

I received and information request (mail audit) for my 2009 and 2010 returns, regarding specific line items. The 2009 request

I agree with my fellow attorneys that this is a matter that you should obtain counsel for. I understand your concerns with the SOL, but as...

Starting a non-profit under a local church. Must i fill out a separate 501(3)c, if my church already has one?

It is generally advisable to operate as a separate 501(c)3. It sounds as if your endeavor is separate, although related, to your local church. In...

Can I delacre donations/support made to a local church outside the U.S. when filing my tax returns in the U.S.?

In general, the answer is no. To be tax deductible the charity would have to obtain a specific status from the IRS. Andrew B. Gordon, CPA,...

Property Taxes...

In general a permanent resident is subject to US taxation on all worldwide income - income earned in the US and abroad. If the sale occurred after...

Based on the information you provided, it appears that your father can be claimed as a dependent as a qualifying relative. It is best to consult a...

Am I entitled to the dependent claim on tax return?

It sounds like you claimed the child exemption legitimately. What did the IRS letter say? It may be best to hire an attorney, CPA, or both (like...

I would strongly recommend a tax attorney or CPA, or both (like me). You may also be surprised to find that tax preparers often charge just as...

If I hold weekly meeting for my start up business in my garage can I write the time spent having the meetings as a tax write off

Time spent is in itself not tax deductible. If you incurred out of pocket expenses in your meetings, you may be able to deduct or "write off"...