Past taxes and statue of limitations question.
The normal statute of limitations in California is four years; but, my colleague is correct, there is no statute of limitations if you failed to...
Sacramento, CA
Tax Lawyer at Sacramento, CA
Practice Areas: Tax, Government, State, Local And Municipal Law
The normal statute of limitations in California is four years; but, my colleague is correct, there is no statute of limitations if you failed to...
I would only add that most people are cash basis taxpayers. That is, they report income in the year that they receive the income.
I don't quite understand the question but I will hazard to guess that you want to claim her as a dependent on your return and take the personal...
You need to respond to the person or address noted on the notices that you have received from the IRS and FTB. It will be important that you bring...
This is not a tax question but I do agree that if you have emails that reflect your spouse agreed to pay the $700, it may be worth pursuing...
The FTB will want the $800 minimum tax and penalties for each year. There is not enough money at stake to warrant hiring a tax attorney, so I...
I am very sorry to tell you that penalties will only be abated for "reasonable cause" and the inability to pay is not an excuse under the law. In...
In a divorce situation, the sale of a principal residence will result in gain for most taxpayers. An individual may exclude from income $250,000...
The short answer is "yes you can;" but, I highly recommend that you meet with a CPA to discuss all of the tax ramifications before paying yourself...
No; and you can thank your tax loving Democrat controlled Legislature.