How do I claim research and development expenses for tax purposes for an iPhone app on Schedule C?
This is more of an accounting than a legal question. Typically, you capitalize the costs you are incurring in the development stages of your...
Newport Beach, CA
Tax Lawyer at Newport Beach, CA
Practice Areas: Tax, Estate Planning
This is more of an accounting than a legal question. Typically, you capitalize the costs you are incurring in the development stages of your...
No, just like any other investment by a Roth IRA the distributions are not taxed.
I agree with attorney Roberts. Just because you included this in your bk and you received a discharge does not mean that the IRS taxes were...
Yes, you are allowed to give up to $13,000 to any individual on an annually without any gift tax consequences. This is the annual gift exclusion. ...
If you did not sign the return you should file your own separate income tax return seeking your own refund if you have one coming. This return...
We call these returns 5th Amendment Returns by declaring your 5th Amendment rights directly on the income tax return. You 5th Amendment rights do...
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IRS publication 501 deals with the dependency exemption. You can get a copy of this publication at www.irs.gov. If a state court has ruled that...
He may be liable for use taxes in the state of Virginia. It is not clear from your facts. He is entitled to form a company in any state -...
This depends on what the repayment is for and whether the employee can be held liable in the first place for the "repay." If the employee is...
Our system is one of voluntary compliance. This means that you self report your taxes. The law requires that everyone that has a filing...