Archived
401(k)
Bruce's answer
|
Answered on May 02, 2008
Yes.
Bruce Givner's Answers (3187)
Los Angeles, CA
Tax Lawyer at Los Angeles, CA
Practice Areas: Tax, Estate Planning
Archived
I didn't file a tax return, now what?
Bruce's answer
|
Answered on May 02, 2008
You should get a recommendation of a CPA who specializes in representing taxpayers who have failed to file returns. You have an obligation to file...
Archived
Leaving business
Bruce's answer
|
Answered on May 02, 2008
First, to properly answer your question I would need to know many facts, e.g., how is your business organized: "C" corporation; "S" corporation;...
Archived
Life insurance trust
Bruce's answer
|
Answered on May 02, 2008
Yes you can transfer a life insurance policy on your life to an irrevocable trust and be the trustee. However, presumably you would like to know...
Archived
Protecting assets from deep pocket litigation
Bruce's answer
|
Answered on May 02, 2008
Yes, offshore trusts are "exploding" as a mechanism for asset protection. Yes, these vehicles have merit. The cost to set one up can be as little...
Archived
Used car donations
Bruce's answer
|
Answered on May 01, 2008
Yes.
Archived
Tax shelters
Bruce's answer
|
Answered on May 01, 2008
An IRA. Investment real estate which generates deprecation. Everything else is difficult in this environment.
Archived
Gifts
Bruce's answer
|
Answered on May 01, 2008
Gifts are not taxable income, so your children will not have an income tax liability. If the gift is greater than your annual gift tax exclusion...
Archived
IRS audit
Bruce's answer
|
Answered on May 01, 2008
When the IRS wants to audit you that means it wants to check certain line items on your return and see if you have proof about the positions taken...
Archived
Underpaid taxes
Bruce's answer
|
Answered on May 01, 2008
The IRS cannot simply "claim" that you underpaid your taxes. The IRS must make an assessment, and then place a lien on your home. You have the...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
