Archived
Back pay and relief for increased tax burden through state taxes in a wrongful termination of employment
Bruce's answer
|
Answered on February 22, 2013
Payment for services, no matter when or how you get it, is ordinary income subject to tax at ordinary rates. The fact that it was for wrongful...
Archived
I received 1099 C for my Credit Card and I am confused if i should include Amt from Pension plan in Insolvency sheet
Bruce's answer
|
Answered on February 22, 2013
You need, of course, to retain a bankruptcy lawyer for this. However, my guess is that you must include your interest in the retirement plan on...
Archived
PROPERTY TAXES ( how to avoid reappraisal) can I keep my current (lower) tax base?
Bruce's answer
|
Answered on February 22, 2013
Mr. Laing is a very smart man and gave you the correct answer, the short version of which is that there will be no reappraisal on the transfer from...
Archived
Do I need to tax my clothing that I sell?
Bruce's answer
|
Answered on February 22, 2013
Mr. Hoffman is a very smart man and gave you the correct answer, the short version of which is yes, you are responsible for collecting a sales tax.
Archived
Is the confidentiality clause breached if I tell a govt agency regarding the millions of dollars in fraud?
Bruce's answer
|
Answered on February 22, 2013
As the other lawyer properly advised you need to retain a lawyer since someone must read the contract on your behalf. However, if I have to guess,...
Archived
I moved in with my Son this last July my brother told him he claimed me on an estate of my mothers. Who has the right?
Bruce's answer
|
Answered on February 21, 2013
Your son can claim you as a dependent if he pays a sufficient amount towards your care. The dependency exemption rules are carefully covered in...
Archived
Do we have to include 401K and IRA Account Values while claiming Insolvency
Bruce's answer
|
Answered on February 21, 2013
Yes.
Archived
Can social security benefits be treated as community income for tax purposes without permanently changing its separate nature?
Bruce's answer
|
Answered on February 21, 2013
No.
Archived
My tax refund was off set due to me owing on a student loan . can i get my tax refund back . i am unemployed .
Bruce's answer
|
Answered on February 21, 2013
I doubt you can get it back. Call the IRS Taxpayer Assistance Office in your area: http://www.irs.gov/uac/Contact-My-Local-Office-in-North-Carolina
What are the benefits / disadvantages of creating a tiered LLC structure for two closely related business ?
Bruce's answer
|
Answered on February 21, 2013
As a parent-subsidiary relationship you will not get the same creditor protection benefits as if you keep them completely separate. If you keep...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained
