For filing tax - Can I claim my mother as dependent in this case?

A parent can be claimed as a dependent if the parent's gross income is less than $4,000 for 2015 and you provide more than one half of the parent's...

Is "earned income credit" is the same as getting a refund for filing 1040?

I would only add that California now has an earned income tax credit also as of the 2015 tax year. Although there are some differences from the...

What would be my tax filing status?

You cannot file as single once you are married. I think what my colleague Gerard is saying is that you have two choices - Married filing...

What are the major taxes my company would have to pay?

I have assumed that your LLC is a pass-through entity (not taxed as a Corp, P/S or S Corp) and you are the sole member for purposes of this...

Question about LLC annual tax

You must file Form 3522, LLC Tax Voucher for 2015 and pay the $800 minimum tax if the LLC was formed prior to 12/16/15. This form is required to...

Am I allowed to upgrade my house and fix up the new house and still transfer the same tax base?

I would only make one additional comment that you SHOULD check with the County Assessor where the replacement property is located to make sure that...

I would only add the following: Simply stated, if you directed and controlled her in doing this work for your SMLLC, you should have filed a...

What's the approximate tax bill she is looking at? Thanks!

It may be obvious, but the standard deduction is the most important. I assume that neither she nor her spouse has had any serious medical bills...

When I receive money that is Tax free and use it to buy storages and resale the contents, Am I liable to pay taxes?

I would add that you also MUST register with the Board of Equalization and pay California sales and use tax on your gross proceeds from the sales...

How long do I have before state/IRS, begin collections! Should I start a payment agreement in advance?

If you owe taxes, you will probably hear from IRS and FTB soon as it is usually two years after the non-filing that one or both of those agencies...