If I file an amended return, does the tax preparer have to return me a copy of my filing?

Yes, the preparer must provide the taxpayer with the copies of tax returns; original or amended. Zaher Fallahi, Tax Attorney, CPA.

Is there a way I can 'give' my property to my children, but remain living in it until I die?

The three attorneys have given you very good advice and I agree with them. Good luck. Zaher Fallahi, Estate Planning Lawyer, CPA.

How do I dissolve an LLC and stay in business as a DBA in CA?

You may file Form LLC-3, LLC-4 and LLC-4/7. These forms will provide you sufficient instructions to lead you in the right direction. It would be...

Can a conservator of the estate for the father "heggsted" a property the father put in his daughter's name in 1977??

The "heggsted" motion stands for the proposition that the trust maker meant to transfer certain property to the trust; however, there were some...

Tax Deduction for Spousal Support When Filling Jointly During a Divorce?

If you and spouse agree on the “married filing jointly (MFJ)’, which most likely will be beneficial to you, you should ignore the spousal support...

I live in a home, I paid the dwn pymt, taxes, insur. & mortg can my name go on the deed & can I claim it on my taxes?

If your name is not on the grant deed and loan documents, you are not entitled to deduct any of the items your mentioned. If you overcome the...

How do I ad an amendemt to durable power of attorney in my living trust

It would be cheaper and more efficient if your lawyer drafts a new power of attorney which revokes all the prior ones. Good Luck. Zaher Fallahi,...

If I leave a Life Estate to my children, do I need to name them in the grant deed recording, or can I just name my Living Trust?

You are correct in recording the grant deed in the name of your trust and laying out the terms of disposition of the property such as life-estate...

It is interesting that you used the term “chair renters”, which indicates that you are very familiar with the Employee v. Independent Contactor...

What are the tax rates for profit distribution for a corporation?

Dividends from C corporations may be “qualified dividends”. However, distributions from S corporations are not called dividends, but...