Is there a possibility of incurring estate tax, gift tax, or international tax from an inheritance?
If you receive more than $100,000 from a non-U.S. estate or trust you must file an IRS Form 3520. The penalty for failure to do so is quite stiff....
Los Angeles, CA
Tax Lawyer at Los Angeles, CA
Practice Areas: Tax, Estate Planning
If you receive more than $100,000 from a non-U.S. estate or trust you must file an IRS Form 3520. The penalty for failure to do so is quite stiff....
The California Corporations Code 17710.06 allows you to make such a conversion. It is likely that the conversion will be tax free. However, as...
Talk to the police and see if they will accompany you to the CPA's place of business. If they won't then talk to a lawyer to see if the CPA will...
I think that the answer is "yes." However, you should talk to a competent family law practitioner because this is not a tax question; it is a...
You can use IRC Section 121's $250,000 exclusion for the portion in which you resided and you can use Section 1031 for the portion that was used as...
If it is rental property that you own, then the deduction for the interest on the mortgage is just one of the deductions that is considered in...
There is nothing that requires your employer to use a certain type of check to pay you. However, if other employees are getting paid on a...
The settlement award was for wages so it is ordinary income to the estate not you. Estates are in the highest income tax bracket at about $12,000....
There is a rule of law called adverse possession that can give someone title if that person pays the property taxes, cares for the land and...
Yes he can be your sponsor. For more information see http://www.nolo.com/legal-encyclopedia/free-books/fiance-marriage-visa-book/chapter3-5.html.