Questions answered by Henry Daniel Lively

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What are the numbers for the Internal Revenue Codes or Rules that govern gift taxes and which code defines a gift?

Henry's answer | Answered on March 16, 2011

I agree with attorney Martin. As a gift is defined the same section would apply to your question regarding monetary or real property gifts. Any...

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Tax Return for past years 2008, 2009

Henry's answer | Answered on March 16, 2011

Before she files her income tax return for 2008 and 2009 make sure that she actually has a filing requirement. If she prepares the returns anyway...

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Can I claim kids on my income tax if ex died december 2010

Henry's answer | Answered on March 16, 2011

If your ex was entitled to the deduction before she died, then her estate can take the deduction on her final form 1040, which may be a joint...

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Is there any law that states that if someone pays property taxes for so many years that the can own the property after si long?

Henry's answer | Answered on March 16, 2011

It is possible to acquire property by adverse possession. The laws in this area are state specific and fact and circumstances based. Consult with...

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Can i still report taxes even if i have worked under someone else name?

Henry's answer | Answered on March 16, 2011

This is tax fraud. Discuss this with your lawyer immediately and do not discuss it with anyone else. Any individual seeking legal advice for...

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Tax lien on property

Henry's answer | Answered on March 16, 2011

Yes, you do get evicted from the property. The new buyer takes the property subject to the mortgage. You would no longer have title to the...

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Will the IRS come after me if the taxes of a dissolved business are not filed?

Henry's answer | Answered on March 16, 2011

Generally, you do not have liability as a shareholder for the unpaid income taxes of a corporation. If you were distributed any of the corporate...

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My husband filed married/jointly on our tax returns by e-filing. He did direct deposit only to his bank account. Is that fraud?

Henry's answer | Answered on March 16, 2011

This is an interesting situation. You want to charge your husband that you are still married to with fraud? Did you ask him for your half of the...

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In U.S. Tax Court, if the IRS asks you for information that is freely available to the public, do you have to give it to them?

Henry's answer | Answered on March 16, 2011

Without further details, the short answer is yes. Of course, it depends on what the information is and whether you can object to the request. ...

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In 2003 a piece of land was sold for $30k less than FMV , how can I find if a gift tax return was filed and what my rights are?

Henry's answer | Answered on March 16, 2011

To find out if a gift tax return was filed you will have to ask the donor or the attorney in fact. This is personal information that the IRS will...

Henry Daniel Lively's Answers (4728)

What are the numbers for the Internal Revenue Codes or Rules that govern gift taxes and which code defines a gift?

Tax Return for past years 2008, 2009

Can I claim kids on my income tax if ex died december 2010

Is there any law that states that if someone pays property taxes for so many years that the can own the property after si long?

Can i still report taxes even if i have worked under someone else name?

Tax lien on property

Will the IRS come after me if the taxes of a dissolved business are not filed?

My husband filed married/jointly on our tax returns by e-filing. He did direct deposit only to his bank account. Is that fraud?

In U.S. Tax Court, if the IRS asks you for information that is freely available to the public, do you have to give it to them?

In 2003 a piece of land was sold for $30k less than FMV , how can I find if a gift tax return was filed and what my rights are?