Questions answered by Nicholas John Souza

Archived

What kind of attorney can help me understand the tax implications of selling an investment property?

Nicholas's answer | Answered on April 02, 2015

You should seek the advice of a tax attorney, maybe one that also does real estate. When you're selling property like this it can be either...

Archived

I am a US resident and my husband is not and after filing taxes I owe $8000. He has no SSN so how do I correct this?

Nicholas's answer | Answered on April 02, 2015

Your filing status would be married filing separately because you cannot make a joint return if your spouse is a nonresident alien. You also cannot...

Archived

My land was stolen thru a tax lean sale. I am trying to get It back.

Nicholas's answer | Answered on April 02, 2015

You have a lawyer, listen to what they have to say. If they're no good, find another lawyer. Sometimes it is possible to get property back after a...

Archived

When an elderly adult is appointed a guardian can he after mostly regaining mental clarity file for divorce legaly?

Nicholas's answer | Answered on April 02, 2015

Even if he is not fully competent to remove the guardianship entirely, there may be a way to modify it to specifically give your friend's father...

Archived

How to avoid high taxes when flipping a house using a c corporation.

Nicholas's answer | Answered on April 02, 2015

Well, a c-corp is generally a bad vehicle to use for small transactions such as this. I'd recommend not having a c-corp, but it sounds like the IRA...

Archived

"§ 31.3402(n)-1 Are federal employees liable to pay income tax?

Nicholas's answer | Answered on April 02, 2015

I agree with the other posters, I doubt you'll get anywhere with this. Out of curiosity I looked up that citation, it appears to be very limited to...

Archived

What is needed to start a business such as an INC... i know you need to OBTAIN Federal Tax ID... but what else?

Nicholas's answer | Answered on April 02, 2015

I agree with Jeffrey, you will get what you pay for. Starting a business in a way that makes sure to stay out of legal trouble, requires more than...

Archived

Will I get audited if I was claimed by my aunt and filed and exemption for my spouses daughter

Nicholas's answer | Answered on April 02, 2015

When you filed your tax return did you file jointly with your spouse? If you did so then no one should be able to claim you as a dependent. If this...

Archived

I hired my deceased brother's CPA to file his final tax-return. But does common sense dictate this to be AVOIDED BY ALL MEANS?

Nicholas's answer | Answered on April 02, 2015

Part of administering an estate is filing any tax returns required, including a final federal and state income tax return, and estate tax return if...

Archived

Avoiding transfer taxes through a trust for a high volume flipper

Nicholas's answer | Answered on April 02, 2015

Are you referring to the state and local recordation taxes on transfer of the property, or the gift and estate taxes? I wouldn't know about the...

Nicholas John Souza's Answers (338)

What kind of attorney can help me understand the tax implications of selling an investment property?

I am a US resident and my husband is not and after filing taxes I owe $8000. He has no SSN so how do I correct this?

My land was stolen thru a tax lean sale. I am trying to get It back.

When an elderly adult is appointed a guardian can he after mostly regaining mental clarity file for divorce legaly?

How to avoid high taxes when flipping a house using a c corporation.

"§ 31.3402(n)-1 Are federal employees liable to pay income tax?

What is needed to start a business such as an INC... i know you need to OBTAIN Federal Tax ID... but what else?

Will I get audited if I was claimed by my aunt and filed and exemption for my spouses daughter

I hired my deceased brother's CPA to file his final tax-return. But does common sense dictate this to be AVOIDED BY ALL MEANS?

Avoiding transfer taxes through a trust for a high volume flipper