What are the tax responsibilities for a monetary gift provided to an individual in the amount over $500K? thanks John

To reiterate what the other two fine gentlemen told you, the recipient has no responsibilities (as long as the giver was a U.S. resident or...

Tax liabilities when foreign property is sold

If you did not own the home, then you do not owe U.S. income tax on the property. If you were a part-owner, then you have to report your share of...

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Can a nonprofit youth organization decline a participant because of a parents actions from a previous year?

Ms. McCall has given you excellent advice. Hire her to protect your organization.

I am a foreigner currently working in the USA and my company does not withhold taxes from my paychecks.

Please pick up the phone and buy some time from Mr. Rothenberg.

Do I need to file a tax return for an LLC that does no business?

New York requires each LLC to pay a filing fee of a minimum of $25 on Form IT-204-LL. That filing fee increases as the LLC's revenue goes over...

I am a teacher in California and I am leaving Teaching to run my own business, I need to get my retirement money

Mr. Nielsen has given you a response that shows that he understands all of the possibilities; you should call and hire him.

Messrs. Pedersen and Nielsen have given you good advice. I would not hold against a potential employee the fact that he or she previously had a...

Am I responsible for employment taxes that my company did not pay even though they withheld them from my paycheck?

Ms. Goldstein has given you excellent advice. Call and hire her.

My hus. Is incarcerated can I file a police report for his income tax being cashed without his consent while he incarcerated

Yes you can file a police report. You might also want to call the IRS: the St. Louis office is at 314-612-4002.

If filing an amended tax return, who pays any monies owed?

Messrs. Nielsen and Corrigan have given you superb advice.