You did have income. It was the cancellation of your debt. If your gross income is less than $10,500 and you are less than 65 years old, per the...

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Question about tax law and a deceased's estate.

What you are describing is not making a lot of sense. First, her taxes for 2014 should be based only on her 1099r's (pension and annuities...

First I will assume this is a new and distinct business with a new LLC. Is it in the same field or different? Are you certain you wish to partner...

What do i need to do in order to report wages paid to a contractor that resides outside of the US? My Business is within the US

If this is a contractor, then there is no wage. You could be required to file a 1099 misc. form. I would suggest you either speak with an...

I was married on Dec. 31, 2014 but now divorced, the decree says our dep child claim is by odd/even years, who claims 2014?

If you were still married on 12/31 you will need to either file as married filing jointly or married filing separately. Financially it makes much...

Can I get supervision for a ticket and court date that has passed?

Follow Attorney Wilkins' advice! Most importantly though DO NOT DRIVE UNTIL THE SUSPENSION IS LIFTED. The unfortunate truth about suspensions is...

My aunt as POA has taken almost 3000 dollars from my grandmothers banking account. Can grandma get it back?

If your Aunt was on the checking account the bank will likely view her as a joint owner of the account. This is why it is not a good idea to put a...

I had a power of attorney over my brother and he fail sick. He was in a semi- coma state. He would respond to commands. His son

Ms. Goldstein is spot on. In Illinois there are 2 types of Powers of Attorney. One for property and one for healthcare. If yours is simply...

Is it legal for the county to charge property tax based on a valuation greater than the selling price of a property?

If you have appealed the valuation, and followed any appeal process, find a good real estate lawyer to determine what your options are. The...

My wife is a non resident alien,(Married in Dec 2014) Do I need to file tax return jointly for the year 2014?

Meet with a cpa or tax attorney. Nonresident alien status complicates matters. Normally you would need to file jointly even if you married and...