I agree the normally nonresident aliens working in the United States are subject to FICA taxes. However, there are certain exceptions, such as...

We are a webiste in Chicago and would like to hold a weekly competition and give a cash prize of $50. Any tax consequences?

Yes, there will be tax consequences to the recipients of the gifts/cash prizes. Whenever you give a gift that has a cash value to someone, they...

Verbal contract

You should provide more information as this is not enough to give a definitive answer. For example: 1) Did you form a partnership with the...

What am I entitled to as a 25% partner and shareholder?

Most shareholders have the right to inspect the books and records of the corporation under state corporate law statutes. Check with WI statutes to...

Will a loan for $xxx,xxx.xx made from a father to a descendent be considered a gift with the IRS?

You can find the Applicable Federal Rates here: http://www.irs.gov/app/picklist/list/federalRates.html Choose the applicable federal rate for...

Form W-7

If you expect the marriage and adjustment application to happen in 2011, then you should get an ITIN using form W-7 in 2010 to report your 2010...

Who has the legal right?

Take the case to a probate court, which will distribute the belongings of the late uncle according to default law under TN. In most states, this...

You should look at the lawyers on this site by clicking on "Find a Lawyer" then typing in "Trusts" and your zip code. Each lawyer has fees listed...

I agree with the prior attorney. Generally, trusts are created before wills during the lifetime of the person who wants to give away the property...

How do I research an IOLTA fund?

I agree with the prior attorney. Here is some information on IOLTA funds that attorney's must have in California for your...