Property tax question for California - Can we keep the low tax-basis on the family home if sold after a life estate is complete?

Based on your question, your comment and the answers, there appears to be some confusion as to the tax you are asking about and the nature of the...

Your question does not include sufficient information so it can be answered. Do you have taxes owing? Just because you have not filed, doesn't...

Should the trustees sign affadavits of death that are incorrect?

When you are signing an affidavit, you are sworn and declaring that everything in it is true and correct under penalty of perjury. If you know...

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Is it too late to add my 40+ old day daughter as a dependent on my Taxes?

The statement from your HR does not reflect the standards for claiming a child as a dependent. However, there are insufficient facts in your...

My boyfriends mom claim my son on her taxes and she kept the money can I Sue her?

There is insufficient information in your question to determine who would be entitled to claim your son. Did you file a return for the same tax...

Can tuition be claimed as deduction when filing tax returns?

In addition to the tuition and fees deduction or the lifetime learning credit discussed by the other attorneys, if your education is work-related,...

You are confusing an ITIN (Individual Taxpayer Identification Number) with a TIN (Taxpayer Identification Number). ITINs are for individuals who...

I need to sue a company named by a trust in California. Who do I sue?

Check the FBNS again because if it was conducted by a Trust, the statement should have had listed each trustee's name as Trustee of the "XYZ" Trust...

Do I need to pay income tax on losses from a final K1 for a failed LLC? CPA says so because CH 13 BK cleared passive losses

I recommend that you either follow Mr. O'Brien's advice that your request your CPA to explain his conclusions or the advice of attorney Granvold to...

How does my daughter get her trust fund set up for her from her fathers death now shes eighteen

More information is needed to answer your questions. I recommend that you consult with an attorney in your area. Generally, if the trust...