Is this attempt to avoid Capital Gains Tax legal?

In addition to what my colleague has stated there may be another issue with this plan. Is the Father-In-Law intending to do a Medicaid spend down?...

Ethics question

If you were informed going in of what the fee structure was, where is the issue. You are always free to shop around.

While I can speak specifically to your attorney's qualification I don't see where he is steering you wrong. It is not unusual for staggering case...

After the Adjucatory hearing for my children how long does it take for my children to be returned home?

Why are you not being represented by an attorney? If it is a financial issue, you should be eligible for the Public Defender. The maze you are in...

Income of a dependant making less than $6000 does the parent need to report on its own tax filing as personal income

Parent does not need to file as it is child's earned income. The rule per PUB 4012 of irs is Single dependents. If you were not age 65 or older...

Car taxes

You will end up paying a very large fee to license the car in Florida. Because of the large influx of folks moving this is being used as a way of...

If I claim my daughter as a dependant ,and she made self imployment $3000 babysitting ,does she need to file her own taxes ?

Single dependents. not over 65 or blind or permenantly disabled You must file a return if any of the following apply. 1. Your unearned income was...

Could submitting their taxes prove I pay more and can claim head of household?

Head of household status requires you to have a qualifying dependent. The qualifying child must live with you in your home for more than half the...

Is it required to report anywhere if $200k was wired from abroad (parent's acct who is not residence in the U.S nor U.S citizen)

As a general rule, any loan should be reduced to paper with the terms outlined. Now as to the reporting, under federal banking rules all deposits...

My wife and I both received a CP53C notices and we haven't filed our return yet. Does this mean identity theft?

Contact the IRS asap and tell them you have not filed yet. It seems likely that you were hacked and your identity compromised. The IRS will...