LLC Partnership taxation and forms?

Even though you had no income in 2009 you are still required to file a tax return for that year since you formed then. An LLC can elect to be...

As a married couple you have two choices in filing - either married filing jointly, or married filing separately. You can not claim him as a...

Tax question.

It is impossible to answer this question without more information. Go to www.irs.gov and print out a form W-4 along with the instructions. Then...

I had an investment home go into foreclosure in November. I just received a 1099 tax form. How can I file for insolvency?

If you are insolvent, meaning that your liabilities exceed the fair market value of your assets, you may be exempt from claiming all or some of the...

I filed for the 2008 New Homeowners tax credit for a home purchased in May. Can I do an ammendment this year and not pay it back

Unfortunately, you have to claim the credit in the year that you closed on the home. You cannot pick and choose. You are stuck with the law in...

I was due $7,000 in unemployment for 08, but didn't receive it until 09. Can I amend my 08 tax return to include it there?

Unfortunately, you cannot include the income in 2008. As a cash basis taxpayer you must include the income on your return in the year it is...

Hide assets while on ssd food stamps and pell grant

You should see an attorney before you try any of these strategies. You are headed down a path that could lead to a criminal conviction. Make sure...

You cannot file jointly if you are not married. Unless you have a qualifying child you are not head of household either. You can file single and...

No need to worry as there is a simple fix to this problem. You need to file an amended return (Form 1040X) and correct the errors made on your...

No. California is a no fault state. Any individual seeking legal advice for their own situation should retain their own legal counsel as this...