Do I have any chance of fighting full year property tax on a summer home that is incapable of year round living?

tax is based on assessed value, which is based on fair market value; the use of the house and condition do go to value, if you can convince the...

Ex claiming my kids on taxes

while you can agree or a court can order who gets the exemptions for your children, the IRS typically honors the exemption on the first return...

What's next when Ex won't comply with granted Motion to Compel, an FL 396 or separate order to produce I&E and tax returns?

you need a lawyer, who may claim attorney fees from your spouse in the divorce, especially if incurred to request sanctions for noncompliance with...

Yes the IRS can attach any of your nonexempt assets, which includes alimony. If you got part of the 70k refund, then the IRS will not consider an...

The lien is attached to the property, call the IRS and discuss release of the lien in exchange for sales proceeds. A buyer will not be able to...

Inherited property, have a delinquent tax lawsuit filed on siblings, no interest in property, does foreclosure affect us

If you are an owner of record or otherwise shown as an interested party, then you will be named as a party to the foreclosure to extinguish your...

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What are the ramifications of a tax foreclosure on an individual based on inherited property

The ramification is that you lose the property for nonpayment of the taxes, its considered a disposition and you report a loss on the transaction,...

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Do I need to make estimated tax payments?

you can wait to pay when you file your taxes, but you will owe late payment penalties. talk with your tax preparer about the minimum payments you...

I have an soleproprietorship online travel business. Since this is an online business, how does the tax work?

My colleagues are correct, you pay all of these taxes because of where you as the business owner is domiciled, not where the website resides.

In a LLC how do the pass though taxes work ?

the LLC is required to file a federal partnership tax return, which has information statements for each partner / member. So your return does not...