My ex is filing bankruptcy and my name is on the house....

I agree w. both Mr. Araujo and Ms. Bunce. Although there are many steps you can take to prevent the house from being foreclosed (I assume this...

My bankruptcy discharged almost a year ago, but my bank still not allows me to touch my IRA account. What I should to do?

The facts that you lay our are unclear and lead to other questions. “2 years ago had a lawsuit” • Were you a plaintiff or defendant in this...

Experiencing insolvency n considerin BK 13.....Concerned that capital gain tax on rental condo (10-yr investment) not discharged

Good question. Did you sell the rental property? If you did not, then there is no tax due because a capital gain is not recognized until the...

Can I have a business LLC owned by 2 members and only one member will file taxes if that member is getting 100% of the profit?

ANSWER: 1. Both members will be taxed according to his ownership interest. 2. How the money was actually paid allocated is not relevant for...

Is a greencard holder who gives up his greencard subject to the exit tax if he held the green card for about 10 years but never

The time actually lived in the U.S. is not relevant in determining the applicability of the Exit/Expatriation Tax. A covered expatriate is a...

I was paid as an indendant contractor but treated as an employee,can I get back the taxes I paid for the companies share?

Short answer: No. If the IRS determines that your former employer mis-classified you (and your co-workers) as Independent Contractors instead...

California is a community property state. The tax debt that you bring into the marriage will not automatically become the debt of your new wife....