Houston, TX
Tax Lawyer at Houston, TX
Practice Areas: Tax, Business ... +3 more
You should report the rental income. However, it appears you also have rental expenses that may offset all or part of the rental income, including...
There are important issues to determine that you don't provide sufficient facts for. Is mom a nonresident alien? what is cost basis of property?...
It is possible that you may misunderstand the situation, or the explanation provided to you by whoever gave you the explanation. I note you say...
The mediated settlement agreement is a legally binding agreement between you and the ex spouse. The IRS is not a party to the agreement and is not...
Generally, when you receive property by gift you take the donor's cost basis, which may be low and may result in substantial taxable income as...
You can file a complaint against her with the IRS Office of Professional Responsibility, at the IRS website. You should try to get your tax...
It appears from the information you provide that you may be personally liable for any back taxes that are not paid from the tax foreclosure sale of...
It is possible that formation of an LLC which elects to file tax returns as an S Corporation may help to reduce taxes, particularly Social Security...
It appears this debt is not a tax restitution debt, but a non-tax criminal restitution debt, which would be collected by the Federal Debt...
If you claim on Form W4 for exemption allowance more than ordinarily eligible for, then, assuming your related employment income is your only...