Personal and business taxes

This is an area where you will both be much better off if you can cooperate. You really do not want to be presenting inconsistent positions to the...

Scottrade reported to IRS only my cashing out stock, not first purchase! IRS says I owe $1400 but "income" was always my money

It is a little hard to tell, but I believe you are saying that you filed the 2010 income tax return and did not report the sale of the stock. The...

Filing a complaint for partition of Real Property in OR from CO?

To file a lawsuit for partition in Oregon, you file in the county where the property is located. The manner of filing in Oregon is now in flux. ...

Home lease agreement with an addendum. Which is legally binding?

Keeping in mind the warnings from my colleagues, I think one can say in general that the provisions of both the main text and the addendum would be...

Can you please tell how I would go about finding out which law firm or which lawyer is handling an Estate?

All of the attorneys in Oregon are members of the Oregon State Bar. The vast majority of them who practice in estates and trusts are members of...

What is the tax implication (both state and federal) for transferring ownership to my mom via quit deed?

You are right to wary. I think the tax issues are the least of your problems. But to get them out of the way, there is no tax on a gift from you...

You have not explained how you got into this situation or how well you know the roommate. Also what is the character and history of the roommate. ...

I launched a business in Jan. 2014 but didn't turn it into an LLC until Aug 2014. Should I deduct pre-LLC business expenses?

You can deduct the pre-creation of the LLC expenses on your personal return 1040 on a schedule C for an unincorporated business. To assure that...

I agree with my colleagues. You have a legal problem. One legal principle is the doctrine of "last clear chance". The person who was in the best...

I haven't done taxes in over 10 years

You are right to be scared. The IRS takes failure to file cases very seriously. The first thing you need to do is consult a tax attorney. There...