My ex and I are self employed. We filed jointly for 2013, he makes 2x as much yet he says I owe 3x as much tax. Can this be true

Yes, as the other attorneys stated this is possible, but unlikely. The only way to tell is by running the numbers. Any competent CPA can do this...

I am filing some delinquent 5471's, how do I file income tax statement therein if original foreign returns were amended?

Have a competent local CPA assist you with filing these forms. Especially, since you are filing them delinquent and you have amended returns to...

What is the US tax law for expats accepting a job outside? How complicated is the law? Does one pay state and federal taxes?

If you remain a United States citizen, you are taxed on your worldwide income no matter where you live. However, there are income exclusions and...

My ex is not wanting to sign our 2010 and 2011 tax returns (we were married full year) what can i do to file them myself

File as married filing separately, you cannot compel her to file jointly with you.

Can i claim my child on taxes if a letter says the father is entitled ti claim the child but the child lives with me yearly..

I am curious as to what this letter is that you mentioned. It does not appear that there is a court order regarding the deduction. The custodial...

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If the W-2 shows that you earned wages in Missouri, then Missouri will be looking for a State income tax return from you. If you worked in...

1031 Exchange Question

The time periods under Section 1031 are hard and fast and cannot be extended. You have the opportunity to identify the property to be acquired in...

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I recently won a settlement against the insurance company of the apartment I rent. The roof fell on me.

If your damage award was to compensate for your damages and physical injuries, it is probably not taxable. The settlement should detail out what...

Advice (or Wisdom) for Dealing with the Calif Franchise Tax Board

The Franchise Tax Board often sends out these types of notices in CA. It is a proposed assessment and you can protest it. Specifically address...

Should I get a K1 if I am not receiving self-employed income?

When you invest in an LLC it prepares a tax return and gives you a Form K-1 for your share of the income and expenses. This may not equal actual...