How do I spin out a new company from my existing company but minimize my tax burden?

You need to discuss this with a competent CPA, possibly a tax attorney. "Spinning out" a company from another company may constitute a taxable...

Look up the Ralite case. You are personally liable if at the time the company owed the tax you took money out of the company. That is called...

You don't need a lawyer. There are many CPAs who do this, e.g., Peter Stephan in Woodland Hills. There is even a former head of IRS collections...

How the value of the donated items to goodwill calculated in tax deduction?

Fair market value: what a willing buyer would pay a willing seller, each having full knowledge of the relevant facts, neither being under...

What are the tax implications for a US Resident who is the beneficiary of a Canadian estate?

An inheritance is not taxable income. IRC Section 102. Under U.S. estate tax laws, the heir is not subject to the estate tax (unless the decedent...

Do I need to or should I file an 8832 and/or 2253 if I opened an LLC this year (4/9/18), also what is best for tax purposes.

You do not need a lawyer for this. You just need a competent CPA. The IRS Form 8832 cannot take effect more than 75 days before the election is...

I received a letter from a attorney stating they intend to file suit against me for a debt of $1, 174.

Talk to Inland Counties Legal Services, 909-884-8615. If they cannot help you they will get you to someone who can. 715 N. Arrowhead Avenue, San...

My tax lady kept my refund can i press charges

You should go to the police and file a report. That is theft.

W2 was wrong

I do not understand your facts. If you were paid $393, you must pay tax on $393 even if your employer issued you a W2 indicating you only received...

If I sublet my house that I am renting for one year, do I need to count that as income? The check comes to me, I pay landlord.

Rental income you receive is taxable income just like compensation you receive for services. So, the answer is "yes."