Taxes

Please go to a competent tax return preparer in Greenville and let him or her help you. This is not something that can be handled by you using tax...

I believe that the answer is "yes": If you owe money to a governmental agency they will have the right to seize your child tax credit and EITC. To...

Selling my second home and tax preparation

There are at least two questions which you must first answer to know the results to your first question: was it your principal residence and did...

Is this considered a tax deferred account? (Meaning you're only taxed on withdrawals)

I am not sure that I understand the facts enough to answer your question. It does not have to be an IRA or a tax-qualified employee retirement...

When does a firm need a 409A valuation and who does them?

Business valuation firms prepare these valuations. You can call companies like Duff & Phelps (Sherri Cefali 424-249-1660) or Willamette Management...

Is an expired judgment a taxable event?

Mr. Cappuccio is, as he always is, correct: the expiration of a judgment does not create taxable income for you.

Yes the FTB can go after an out-of-state account. The FTB is a creditor like any other creditor. It can take its judgment and "domesticate" it in...

Commerce Escrow in downtown L.A. is one of the largest QIs. Ask for Lulu Reyes at 213-353-4013. Deborah Perlman, Esq. at Castling Exchange is...

Selected as the best answer

Can I claim my daughter from my previous same-sex relationship on my tax return?

After Mr. Birr's superb analysis and response there is nothing else to say. You can see the IRS rules about the child tax credit at...

Can I be claimed as a tax dependent if my only income is child support and I receive Calfresh?

The answer to your question is "yes, someone may still be able to claim you as dependents." The IRS explains the rules at...