Will the sale described below qualify as an acceptable installment sale by the IRS?

Yes. An installment sale under IRC Section 453 is any sale in which you get payments in more than one calendar year.

Do I need to notify IRS that I permanently emigrated?

You need to determine whether you have to go through a formal expatriation process. See IRS Form 8854. So talk to a competent CPA. Or read about...

California tax consequence of selling inherited home vs renting and then selling it?

California does not have capital gains taxes. The advantage of selling the minute you inherit the property is that your basis - the figure based...

Can the Board of Directors of our small family farm which is a corporation be held criminally liable for failure to file taxes?

The answer to your question is - theoretically "yes." However, you must consult with criminal tax counsel. No one can give specific advice about...

How do i contact the IRS about someone who has admitted to me they have not claims 250,000 worth of income, hiding it now?

As the other lawyer suggests, you can file a whistleblower claim. However, the amount you are discussing is probably too small for the IRS to...

If I sell two condos and purchase one worth more than the equity I have in the original two, do I have to pay capital gains tax?

If you sell two condos you have to pay capital gains tax on the gain - the difference between your basis and the net proceeds. That is not true if...

How can I get taxes withheld back when I return a signing bonus?

Ms. Erdmann has given you the correct advice. Withholding is not the payment of a tax. It is a deposit against the tax. So if you owe less than...

Have rental that I exchanged in to. Can I do a second exchange and take immediate occupancy. ?

A Section 1031 exchange is for (I) trade or business or (ii) investment property. It is not for personal use property. If you do an exchange and...

Will we still be considered residence of California?

It sounds like you have the right idea. Make sure you review FTB Publication 1031. As long as you spend the majority of your time each year in...

You need to hire a competent CPA so you can go through the rules about a theft loss. You can check out the rules yourself at...