What defines your principle residence for the $500k tax break when you own two homes?

The test is whether you lived in your "main home" for 24 months within the past 5 years. Which of the two properties was your "main home"? This is...

Is there alternative method to send a check of payment under Streamlined Domestic Offshore Procedure that the IRS accepts?

This is not DIY project. In the long run, you will be much happier by retaining a tax lawyer to do the heavy lifting and provide guidance. You will...

How to organize nonmember nonprofit Incorporation? Who Organize? Needing to vote? Who Vote?

There are form services on the internet, but in truth, a non-profit of any kind needs the assistance of an attorney. For example, you state may...

Is their any opportunity to get back social security tax

You don't say "why" your think your entitled to a refund of your share of social security taxes. If it is because your employer miscalculated and...

Am I required to pay a California Franchise tax?

Yes, you are required to file and pay your franchise tax. This tax has nothing to do with income, it is a fee for the privilege of having a...

What are the ramifications if I report him to the IRS. What will the notary face for notarizing fake documents?

You did not say whether the notary acknowledged a forged signature, or your father actually appeared before the notary. If the former, then there...

Selected as the best answer

I was issued false 1099-Mis from my partner. What should I do?

This is frustrating because you can't control the action of others. Presumably you filed returns for all years and the returns are correctly...

I need a good divorce lawyer in Houston, Texas. Who is taking on new clients?

"Who is taking on new clients?" Answer: Open the yellow pages of the phone book. Without meaning to be flip, the better question is "can I work...

What is the best way to handle the amendment RFE ? I shall submit the documents or shall withdraw without impacting tax retrns

You have two questions, each in a different areas of practice. On the tax question, your obligation is file a federal 1040 return reporting all...

What are pros and cons of 2 LLCs creating an LLC and how would we draft the operating/LLC agreement for the new company?

This is not a simple question. An accurate answer cannot be given off the cuff. It would take an attorney a reasonable amount of time to interview...

Selected as the best answer