How to file taxes with excess HSA contribution on W2?

You can only deduct up to the HSA contribution limit, not matter how much you actually put into the account. For 2017, the limits are $3,400 or...

How do I determine the cost basis for capitol gains in CA for a residence converted to rental in 2009?

Cost basis is usually the purchase price plus any capital improvements. Converting to a rental may affect the basis if there was an ownership...

My business partner wants to write a book derived from testimonials of our customers, should she get to keep 100% of proceeds?

Unless the testimonials are a trade secret or otherwise owned by the business, the business has no interest in the author's copyrights to the book.

Is a letter from a landlord stating we are going from month to month to year lease enough to make it legally binding?

A contract can be accepted by conduct, which means that if the landlord changed the terms of the lease to one year, and you stayed in the...

Fees and commissions don't affect the tax basis and the resulting capital gain. I would ask the accountant for an explanation.

A friend and I are starting a Production Company. Do we have to form a General Partnership before applying for a DBA?

Two people starting a business are called an "Unincorporated Association". One person can obtain a "dba" on behalf of the association to open bank...

After filing Form 1065 and we had only $2,000 in losses and no gains, do my partner and I have to report this in our own returns

Yes, the partnership (LLC) must issue Form 1065 Schedule K-1s to each partner, which is then reported on the partners' 1040 Schedule E.

Can a company/court in Nevada garnish my pay in California without a California court order?

This is possible. I need more information to make a determination of proper jurisdiction.

Does a Gaming Community in which uses paypal to store funds from members who donate to keep our servers and website up, taxable?

You are an "unincorporated association". Technically, you must pay taxes. However, you would likely quality as non-taxable non-profit, so would not...

Can a bank forclose on a 20 year mortgage If you only owe a year and a half on it?

You can foreclose at any time. However, it is a lengthy process. It starts with a Notice of Default which says exactly how much you owe. She can't...