For tax purposes, how would the sale of a part-time artist's 40 year old archive be treated?

The question may be a bit tricky, but it is definitely soluble. Please do not let this issue really cause a divorce. There is not enough...

Who pays income tax for a rental property? My family member who gets paid from the LLC or my LLC that operates the property?

You need to consult with an estate planning and tax attorney. The facts that are stated are not detailed concerning the transfer of the LLC...

Do I need to file taxes for a business if I have no employees and made no money?

The answer depends on a number of factors, including whether or not you engaged in the business with an objective of making a profit. If so, even...

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Am I able to live in one duplex unit and rent the other duplex unit at a loss to lower tax liability from other income?

If "rent loss" means less than the fair market rent, and your purpose is to reduce your tax liability by having a loss on your rental real estate,...

If I live in Oregon and realize a gain on a currency exchange thru a Georgia currency dealer, do I pay Georgia state tax too?

The answer to your question will depend on Georgia state law. You should contact a CPA or tax attorney who practices in Georgia.

I own a single member LLC in California which owns 2 properties. I am looking for another entity to own my LLC.

It depends on a number of factors, including your citizenship and why you want another entity. I recommend that you call Marilyn Barrett, Esq. . ...

I dissolved a CA LLC on March 1, 2012. Is 2011 consequently the last taxable year for CA as far as the FTB is concerned?

The prior answer is correct. The FTB will expect payment and a return. If you need help filing a final return in California, call CPA Steven L....

We have an association of retired persons and need to know about filing taxes

In short, yes. You should see both an attorney and a CPA. You need to learn/decide what type of non-profit organization you are/will become, and...

I agree with the first answer, that yes, you do record the Fair Market Value of the property in your LLC books, but keep track of your adjusted...

Can you sue a tax representative?

You need a civil litigator. The litigator may want a tax lawyer or CPA as an expert witness, but your question asks about how to sue -- and for...