Does rental income from 1 state affect the carryover loss from another state's rental?

California, in many instances does not CONFORM to federal rules, so beware, generally. For taxable years beginning in 2010 and 2011, California...

Do I need a tax attorney?

File returns immediately (whether or not you make a payment). If IRS prepares a substitute for Return before you file it could knock out the...

IRS has audited us for 2008,09,10; same for New York State. We can't pay everything at once. What taxes get paid first?

IRS wants oldest taxes paid first because those are the one's you might be able to discharge in bankruptcy. As you pay, YOU get to designate...

I am filing my taxes and going through a divorce/child custody battle.

Money spent getting alimony may be deductible subject to the floor on schedule A. Money spent on or for children are considered to be similar to...

Cancel debt and income tax

You gave a well constructed question. Hey guys I just went to the hospital recently and the bill is around 14 grand. I can't pay because I have...

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How is a refund allocated with injured spouse?

What is the basis for the split? Injured spouse is to show that tax liability is of a separate nature. Of what is left in your joint IRS tax...

You should consider 2 challenges. The first is the amount of offset. If you owed $100k, but the creditor was negligent and did things to damage...

We have 4 kids i am a stay home mom my husband puts the joint tax return in his personal account and i get nothing from that

Terrible story. But how to change it without divorce or counselling? Divorce needs an attorney. Counseling requires you to get spouse to a...

Should we establish our business in WA or CA and what is the best form of business?

as you describe, you will have two jurisdictions, will have to qualify an entity in both. You will have extra tax filings for the partnership...

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May I claim my 2 children on my taxes although divorce decree allows ex to claim 1 of them? Can I be found in contempt of court?

Decree was done in respect of situations as they existed at that time. Custodial nature is not necessarily the same as support. If other...