Archived
I live abroad and qualify for FEIE. If I form an Atlanta based single member LLC will this tax exemption still apply?
Donald's answer
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Answered on November 02, 2009
The short answer is that you really need to hire a tax attorney to work through this problem with you. There are just too many variables to give...
Archived
I live abroad and qualify for FEIE. If I form an Atlanta based single member LLC will this tax exemption still apply?
Donald's answer
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Answered on November 02, 2009
The short answer is that you really need to hire a tax attorney to work through this problem with you. There are just too many variables to give...
Archived
Tax Exemptions
Donald's answer
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Answered on November 01, 2009
As I read your question, you want to allow your son's father to take the dependent exemption every other year. The IRS specifically permits this...
Archived
Need clarification re: capital gains tax
Donald's answer
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Answered on October 30, 2009
Clarification
As originally written: "To qualify, you must have lived in the property as you principal place of residence within the 5 year...
Archived
Need clarification re: capital gains tax
Donald's answer
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Answered on October 30, 2009
Good evening
The short answer is yes, you will have long term capital gain; if you sell your condo for more than its fair market value, measured...
Archived
If you are in financial hardship and you owe on a student loan, can they take all of your income tax check refund?
Donald's answer
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Answered on October 30, 2009
I am sorry that you find youself in this situation. You have not said whether your student loan was obtained privately or through a federally...
Archived
If you file chpt 13 with outstanding taxes that are 3 years or older are the taxes wiped clean with no proof of claim by irs?
Donald's answer
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Answered on October 30, 2009
Like most legal questions, the answer has to begin with "it depends", because the information provided in you question is not sufficient for a...
Archived
Is my husband liable for his first wife's failure to file income tax returns?
Donald's answer
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Answered on August 03, 2009
Clarification
The previous answer requires correction as to "If he and his former spouse were living apart for more than 6 month". This was...
Archived
Is my husband liable for his first wife's failure to file income tax returns?
Donald's answer
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Answered on August 03, 2009
Good evening Aurora IL
You have more than one issue here.
Filing status in 2004 and 2005 is the first thing that your husband should...
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