How do I get a homestead exemption on my home that was purchased by our family farm LLC?
I suggest you hire an attorney to help you draft the new bylaws provision and prepare the homestead application.
Houston, TX
Tax Lawyer at Houston, TX
Practice Areas: Tax, Business ... +3 more
I suggest you hire an attorney to help you draft the new bylaws provision and prepare the homestead application.
Unless the settlement is for a non-taxable cause, such as personal injury, you are liable for income tax on the full amount. Your atttorney fees...
You have 2 years to claim excess proceeds by filing a Petition or Motion with the Court. You also may have a right to redeem the property.
you cannot claim her until you get an ITIN
I suggest you consult with tax professional so you can at least get a good opinion on the facts in the case, understand the sales tax regime and...
Generally, you can sign the return for her as personal representative, executor, or administrator, depending on the facts in your case. You should...
As you describe it, it appears you included the correct SSN on the filed tax returns. I suggest you read the IRS notices you have received...
Yes - non-resident alien can elect to file a married filing joint return with a US citizen or US resident, but will need an SSN or ITIN to do so.
The trust would also be liable for income/capital gains tax on the sale. Is it necessary to sell the property now? If the widow doesn't need the...
The gift is non taxable income to him and to you. If received in Texas, it would be his separate property. You should keep your documentation,...