Questions answered by David D L Horton Esq., EA

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Tax ID number for non U.S citizen ?

David's answer | Answered on August 13, 2014

Generally, when a foreign person engages in a trade or business in the United States, all income from sources within the United States connected...

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Can my wife and I claim our $500,000 deduction from the sale of our house which, on paper, is owned by a corporation?

David's answer | Answered on August 13, 2014

You made the comments “on paper” and “[w]e are the beneficial owners of the property”, which begs the questions, is the corporation the true owner...

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Spouse has been using a car leased in my name. She stopped paying for it. Can I repo, or is there a risk she will sue me?

David's answer | Answered on August 12, 2014

An attorney would need to review the exact wording of the dissolution order/decree and determine your rights and obligations with particularity. If...

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I have provided the IRS an extracted copy of my 2011 Quickbooks file. They are demanding my entire file. What are my options ?

David's answer | Answered on August 12, 2014

I agree with Ronald: you are most likely in over your head at this point. It is likely that the agent is looking for “badges of fraud” to determine...

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What would be the best/cheapest way to clear the Title of my parent's house so we can refinance the house at a lower rate?

David's answer | Answered on August 12, 2014

If by “clear the title” you mean that you want the home to only be in you and your sister’s name, that can be accomplished provided your mother has...

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