For Federal purposes you are allowed an $18,000 exclusion per person per year that you can gift to without gift tax consequences. You also get...

The LLC will file a tax return in CA and provide you with a form K-1. The income that is CA source income will be taxed by CA and you will have to...

How can I get my name out of this situation??

This sounds like an IRS matter that can only be resolved with the IRS and not a state tax agency. You should hire a tax controversy attorney to...

Are wage settlements double taxed even though they were already taxed on a 1099 before the wage dispute?

I am not sure how you already paid self employment taxes on these amounts. You would have had to previously included the amounts due you on your...

What is the most appropriate way to divide my tax refund?

If you filed jointly you should divide the refund 50/50.

Will I have to pay taxes to the FTB because I live in Oklahoma and the family trust is in CA?

When the trust makes a distribution to a beneficiary of income it is taxable to the beneficiary, unless the trust paid the tax on the distribution....

I will also add to the previous attorney, if you did have a tax debt paid on your behalf and you do not pay it back, it must be claimed by you as...

Based on the facts you present, it sounds like you are eligible to claim HOH status as a matter of Federal law.

Your employer maintains your form W-4 in your employment file and you are entitled to see it upon request. Therefore, go to your personnel...

To have a 401K or IRA contribution you will need a salary. There are various types of qualified plans that you can set up for your corporation. ...