Does he have the right to claim child because he pays childsupport?
No. As the non-custodial parent he also needs you to release the deduction by completing a Form 8332. Without this he can not claim the...
Newport Beach, CA
Tax Lawyer at Newport Beach, CA
Practice Areas: Tax, Estate Planning
No. As the non-custodial parent he also needs you to release the deduction by completing a Form 8332. Without this he can not claim the...
Property management is a risky business and is an activity that requires a real estate license in CA. An LLC cannot hold a real estate license. ...
You must mean married filing separately. If this is the case, you can make a year by year election to file in this manner. For each year that you...
Seek a tax attorney. There are possible criminal issues with not filing tax returns. A tax attorney will have all the tools to help your friend...
For travel expenses to be deductible, they need to be ordinary and necessary business expenses. If this is a film that you created to make money...
The short answer is no. You need to be an owner and pay the tax. One without the other is not sufficient. Any individual seeking legal advice...
You will need to determine the tax basis of this property to answer your question. The portion of the home that your father owned will step up in...
I agree with attorney Brady. A well drafted LLC Operating agreement should have the method to determine the buyout amount included in the...
When you remove yourself from the deed you are making a gift of the portion of the property that you are giving up. The amount of this gift is...
You need to determine whether your father had a will or a trust, and how his property was titled when he died. You should hire an estate attorney...