Is it legal for the county to charge property tax based on a valuation greater than the selling price of a property?

There is a legal presumption in CA property tax law, that the purchase price of a property purchased in an open market transaction between a...

Was subpoenaed to produce my personal tax documents at deposition, in a case I am not a party to. Do I have to comply?

A tax payers income tax returns is absolutely privileged and confidential. (Except to the IRS and state taxing agencies). Unless you are a...

What is meant by "pass through taxation" and does this means one need not file a individual tax return?

Au contraire. A "Pass-thorugh" enitity passes the income through itself to its members, who must report the income on their own 1040s.

Who pays my bills?? My employer claims I'm on PAY role but pays me under table..does he pay my workers compensation??

An employer is required to carry worker's compensation insurance to cover workers who sustain an injury arising out of employment (AOE) and in the...

If a family member dies lives everything to charities can I go and claim part of the will

When you make your own will you will be able to leave bequests to whomever you wish, and disinherit your children if you wish. Your will is your...

Fence gives neighbor 18" of our property

Assuming the survey is accurate you own that strip of land, and have the legal right to claim it. will your surveyor testify in court for you? What...

TurboTax shows that I owe around $50k because I exercised ISOs but did not sell any. Are there legal exceptions to avoid this?

The statements on the software boxes promise that no tax knowledge is needed - do not believe this. Please heigh yourself ASAP to a tax...

Since you were a pedestrian at the time of the damage , if any, to your neighbor's car, your auto insurance is not involved. He will have to sue...

Can mortgage interest paid to a foreign bank in an other country be claimed for taxation in US by a green card holder?

A tax colleague in my tax office researched this question for a property in China and concluded that the deduction is permitted. It is hearsay...

Inherited property

Whether or not a formal date of death appraisal is necessary depends upon the circumstances. A date of death appraisal may be done months or even...