How do I get taxes that I paid back on income that I owe back to a previous employer?

If they included it in your previous W-2 and you paid taxes on, they won’t get it back because it was considered your then compensation. If you are...

Are homeowners whose homes are foreclosed and auctioned off subject to capital gains tax?

Sorry about losing you long time residence. The transaction may be a short sale or a foreclosure. Either way, you may exclude the canceled mortgage...

Selected as the best answer

I didn't file Tax for 2012-2013-2014- due my low income 2000 thousand or less than that is that gonna make negative effect me ?

From tax viewpoint, you do not need to fie if you are not legally required to do so. Consult an immigration attorney to be sure that is not going...

How does our small nonprofit avoid, or have waived, penalties for failure to register? Ignorance is no excuse, but is poverty?

Call the local Bar association for a pro bono attorney referral. The information presented herein is for general purposes only. It is not intended...

Can I include in my IRS Taxes the international student that I am sponsoring in USA?

See if the student meets the IRS’s test for dependency. The information presented herein is for general purposes only. It is not intended to, and...

Would there by an attorney available in California to prepare the above statement for the Bank of Canada? Thank you.

Attorneys in this forum cannot volunteer their services; you may consult Mr. Michael Doland, who responded to your question. The information...

Can I claim tax deduction for health insurance premiums that were paid by my mother (mother is dependent on me)?

Your advisor needs to determine that notwithstanding the fact that she pays your premiums, she still can be your qualifying dependent. Without...

Will claiming energy-efficient improvements tax credit on your home (ex. windows) trigger a property tax increase?

Most likely, you won’t get a higher bill from the county. The information presented herein is for general purposes only. It is not intended to, and...

How to not get taxed on a lump sum settlement

In order to achieve your goal, the settlement must meet the requirements of the IRC 104(a)(2), among other provisions, which is very unlikely based...

If it is legal, then is there any pitfalls we should be careful about, such as tax implication etc?

If he is a green card holder, he is treated like a US citizen; issuing 1098-mortgage. If he is a non-resident alien and you signed the money...