If I have office spaces and they are not being used are these a tax write off?
Your question is unclear. When you say "write these off in any way", what do you mean? Are the units being offered for rent? If the building is...
Palm Springs, CA
Tax Lawyer at Palm Springs, CA
Practice Areas: Tax, Agriculture ... +2 more
Your question is unclear. When you say "write these off in any way", what do you mean? Are the units being offered for rent? If the building is...
Wagering losses are deductible only to the extent of wagering income, unless gambling is your business. The U.S. Supreme Court case of...
It depends on the type of tax that you are talking about. If it is your partner's share of the income, you should not be liable for that, but if...
You have a complex international tax question. There are issues concerning basis and treaties. I recommend that you call William Norman of Ord &...
You can deduct losses incurred, provided: (1) that seeking a profit is your primary objective; and (2) that you are considered a "material...
The guns used in your business as you describe, are tangible personal property used in a trade or business. As such, they can be depreciated over...
You do need a qualified professional, probably an attorney, although some CPAs or Eas could serve, to determine upon what did the State of...
Attorneys Atchley and Lowrey are correct. There is no exemption from filing based on being in jail. You should contact a competent CPA and file...
Both Mr. Atchley and Mr. Hoffman are correct. The FTB is an aggressive creditor. If there is a way to arrange for it, it is better to borrow the...
The judgment needs to be read carefully to determine the purpose or purposes of the award. This is an area that has been evolving. Robert Wood of...