Does From 3520 apply if you receive $240,000.00 in foreign gifts from three relatives all in denominations of less the $100k?

Page 4 of the instructions to Form 3520 defines who is "related" for purposes of determining whether those 3 people amount to one person in...

Are their State tax return equivalents of form 8938, or is this just a federal tax requirement, along with Fincen 114 in June?

This is just a federal requirement. Same with FinCen 114.

Can I use my home country address,tax and bank information to release paid apps while being in usa on a h4 visa???

If you are in the U.S. for more than 183 days in the current year you are taxed on your worldwide income. Your visa status is not relevant for...

Is there chance of winning a small claims case 4K suing my FL. CPA Tax Preparer for not doing depreciation.

In addition to the issues mentioned by the two fine lawyers who have already responded, you may have a problem with the statute of limitations. In...

What is the Federal law in some ways or related to being against usury or property tax liens, which trump state laws?

You should go to the web site of the Federal Trade Commission: https://www.ftc.gov/about-ftc/bureaus-offices/bureau-consumer-protection. It is the...

Do I need to file new bylaws to the IRS for an updated officer addition to my non profit?

No, you do not need to file new bylaws with the IRS to reflect an updated officer situation for you non-profit. The other fine lawyer has given...

Streamlined Offshore Voluntary Disclosure Procedure

Call Neda Barkhordar, Esq. at 310-207-8008. She is our firm's expert in the OVDP program. The 5% minimum is the minimum penalty. The IRS will...

Do I qualify for the Head of the Household under Calif. law?

The rules for claiming head of household are at http://www.irs.gov/publications/p501/ar02.html. California follows federal law.

Any creative strategies or loopholes to circumvent prop 13 reassessment in a lawful manner

Adopt the seller as your child. Then you can take advantage of one of the two parent-child exclusions. The first is unlimited for a principal...

The IRS explains its whistleblower program at http://www.irs.gov/uac/Whistleblower-Informant-Award.