Can my checking account be put on a lien? Social Security & pension are my income.

In general, while Social Security and Pension funds are generally exempt from attachment (Leins or Levy), once they're deposited into a checking...

Debt forgiveness and taxes

Very likely. It obviously depends on the amont of the forgiveness but you have a number of deductions and exemptions that will be applied against...

Tax breakdown for a multi member LLC?

It's often the case that the answer depends on the specific details of your situation. But there are some underlying principles that almost always...

Am I obligated to my Husband and his ex's 2006/2007 Tax Debt of 18K? IRS filed a lien on my husband and I, but not his ex?

If you didn't know your husband when the debts were incurred to the IRS, you're not obligated for them. As you noted, CA is a community property...

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During our divorce proceedings we sold our home and had Capitol Gains of $160,000.00. We filed separate returns.

Any property used as a residence for two of the past five years qualifies for an automatic $250,000 exemption from capital gains per spouse. If...

We are planning to sell our home and move in with my mother. How can we avoid capital gains tax on the procedes?

From the information you provided, it's not clear if the capital gains your seeking to avoid is from the sale of your own home or from the future...

How can i get deductions on the amount owed to irs, over a company i opened for my parents?

If these are corporate taxes which are owed, then amending the returns is one possibility. However, if the taxes owed are for late filing penalties...

For I-134, if the co-sponsor's income tax is joined with her spouse is it based from that amount or it has to be solely her

Unless the income can be clearly partitioned, it is reported as joined.

Vat on a training course

Unless there are other circumstances, the VAT charge was probably correct.

Would I end up owing income taxes if I let my ex-husband claim my only child on his income tax return this year?

Until the decree is modified, it controls so if the deal is that you alternate exemptions, then that's what has to happen. If the decree is unfair,...

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