How do I stop a child support Bank Levy

As you can see they are very aggressive in collecting the child support arrearage. It sounds like you are already in a payment plan so I don't know...

I live in my Dads rental, and wish to buy it. What are the tax implications?

There will be tax implications for your father. the extent of those tax implications depends on the numbers, such as adjusted basis, fair market...

How will my spouse who has federal school loans in default affect me with her required signature on refinancing closing docs?

Spouses have statutory rights in real estate, so in order to mortgage it, spouse's signature is needed. If she is not on the deed then any liens...

I am not 100% certain but I believe both are taxed the same way. A voluntary buyout or a statutory buy out are both income.

Can i start an llc that owns equipment and rent it to my other llc?

Yes, this kind of thing is done all the time. I always try and set clients up in multi entity structures whenever it makes sense to do it. It takes...

Do you have an ITIN or a SSN? Two different agencies handle two different numbers. The SSN takes precedence over the ITIN. ITIN no longer valid or...

Why is his business income not reported on his tax return? If you believe he is hiding business income then you need to hire a forensic accountant...

Is my dads lump sum IRA being taxed for the third time??

The money went into the IRA and was not taxed, then the IRA grew in value and was not taxed. Then your father took out distributions, those...

You pay state income taxes where you live and where you work. Generally the state where you earn the income takes priority over your resident state...

It is illegal to evade income taxes. That includes hiding income in other people's names, not reporting cash, or trying to recharacterize taxable...