Determine Net Income - Federal Taxes

You can only take the child tax credit in the year that you are able to claim the child as a deduction. In the year your ex takes the deduction...

Can they sue me

Your question requires more facts to answer your question. If you did not pay sales tax and the statute of limitations has not passed for your...

You can negotiate in a sale for the seller to pay the tax by contract. However, if you do not negotiate this or are silent on the point, then the...

If I have the kids 90% of the time do i claim the kids for income tax?

Since you have the kids 90 percent of the time you are entitled to the deduction unless you have a divorce decree that says he gets the deduction,...

I'm in Colorado. My father is in Ohio nursing home and incompetent. IRS is contacting me about taxes owed. What is my duty?

You are not personally liable for this tax liability. Explain the situation to the IRS and ask them to put your father on un-collectible status.

Is a self-employed social security recipient required to pay taxes?

Yes. He is committing tax fraud and should be filing a tax return and paying not only income tax on these earnings, but also self employment taxes.

What are the Estate Tax rules for being deemed a resident of New Jersey at time of death?

New Jersey applies an estate tax to all residents of the state. Residency is determined under the following basic issues: The basic rules to be...

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Can i take legal action when someonelse other than a parent or legal guardian claims your child

If she has been claiming your daughter as a tax exemption and is not qualified to do so under the tax code this is tax fraud and you should report...

Can I dispute owed taxes based on debt relief?

There are several exceptions that may allow you to not pay tax on this income: 1) The debt canceled was non-recourse, 2) You were insolvent at the...

Purchasing rental property toward in of year, business tax to city has or should have been paid by prior owner, do I have to pay

Yes, the tax is charged on the person and not the property.