Archived
Can I turn a non-profit (.ORG) site into a for-profit one & start earning money on advertising?Or can I sell it as a non-profit?
Bruce's answer
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Answered on October 21, 2013
If you have not received approval from the state or federal government for non-profit status, and if you have not told people that you are a...
Archived
Can I get part of his taxes?
Bruce's answer
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Answered on October 21, 2013
If you are not the parent; don't provide support and don't have custody you can get nothing in terms of the exemption.
Archived
My girlfriend and I are buying a home together. Could the IRS seize the house because she has not filed income taxes.
Bruce's answer
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Answered on October 21, 2013
The IRS can seize her interest in the house. You should not purchase a property with someone who has tax problems.
Archived
My company deposited extra paycheck. Do I need to pay the gross amount back or the amount that was deposited?
Bruce's answer
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Answered on October 21, 2013
Yes they should file paperwork to amend the payroll tax returns. Yes you should pay back what you actually received.
Archived
I am deeding my house to my children and reserving a life estate. House is worth $400,000 but I only paid $50,000.
Bruce's answer
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Answered on October 21, 2013
You have a lifetime federal exclusion of $5,250,000, so that gift alone will not cause you to owe gift tax. The reason to wait is because their...
Archived
I am in the process of being audited. Both myself and my ex claimed my daughter for tax year 2011.
Bruce's answer
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Answered on October 21, 2013
As Mr. Stack has sagely advised, you need to hire a good CPA.
Archived
Should I charge CDN clients HST (I have a biz #) if I'm a dual citizen now living in the US and working here?
Bruce's answer
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Answered on October 21, 2013
You need the advice of a Canadian tax lawyer to know whether to charge the Harmonized Sales Tax when you are doing work in the U.S. for Canadian...
Archived
Do I need a tax evasion type lawyer?
Bruce's answer
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Answered on October 21, 2013
The best thing for you to do is to hire an expreienced CPA in Adams, Oregon to represent you in the audit. The first thing you should do is call...
Archived
What are our legal rights in regards to the IRS?
Bruce's answer
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Answered on October 21, 2013
You cannot force the IRS to act faster than it is currently acting. Your best bet is to hire a competent CPA in Temecula to help you, e.g., Joe...
Archived
I dont know anything about accounting
Bruce's answer
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Answered on October 21, 2013
The 2013 personal exemption is $3,900 so you should not need to file a return.
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