Ex claimed child on taxes......

You should claim the child as your dependent. You have a court order that allows you to do so and your ex-spouse has improperly done so. The IRS...

Real estate tax question:

The property tax is based on the Assessed Value established by the tax assessor, not the purchase price of the home. However, the purchase price...

How does Adverse possession in a situation with a home that was rented & lived in for 5 years & property taxs are in default?

I'm suspecting the final answer on this question will depend on a few additional details not included in your initial inquiry. However, this may...

Can I claim my son on this year's taxes?

The right to claim a child for tax purposes is typically established by the divorce decree (or the affidavit you signed) in this case and doesn't...

Filing of LLC Taxes

If the business is in your name, then you have a duty to file the taxes. However, it sounds like your friend, not you, has been running the...

If you donate more than $250 of similar goods, but at different times, what type of receipt do you need for taxes?

The reciept the driver left is your confirmation from the charity that they received the goods. As stated above, you'll want to fill in the date of...

When I only have reasonable visitation set but pay 20% of net income does primary guardian only get to claim child on taxes?

From a tax standpoint, both who claims the dependant each year and the tax credit are negotiable. Whatever called for in the divorce decree will...

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I have an LLC partnership formed in 2011, no income but expense of $360 (license, advertising). Do I need to file a 1065?

The penalty for filing late is as you've noted (and it's per partner, per month for up to 12 months) so at this point, it makes little sense to...

Can a preparer legally keep my documents until payment is received?

The agreement with your tax preparer is a contractual matter, not a tax matter. However, most tax preparers (attorneys, CPA's and others) have...

My husband's job is commission based and last year we applied for a harp 2.0 and he guesstimated this years income.

If his income estimate was reasonable based on the circumstances at that time, he has nothing to worry about. The Truth-in-Lending Act (TILA)...