Archived
Will my father have to pay federal tax by adding myself as a primary,and my mother as a secondary on a CD account?
Christopher's answer
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Answered on January 17, 2012
That is not entirely correct. You can receive $26,000 per year without it counting against the unified credit. This will count the gift as given by...
Archived
I want to divorcedmy wife amin texas she move to caifonia can i dvorce herwith out her signatre???
Christopher's answer
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Answered on January 17, 2012
I agree with Attorney Lively. Even if you did what you claim, you would not be committing Tax Fraud. But I like to think that if you are going to...
Archived
Do i have to claim a settlement that i recieved from a car accident on my taxes?
Christopher's answer
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Answered on January 17, 2012
Compensation for physical injury is not included in income.
Christopher Larson
Insight Law
www.insightlawfirm.com
Archived
Employer tax fraud
Christopher's answer
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Answered on January 17, 2012
Well, if your boyfriend was truly classified as an employee and received a W-2, the employer would be liable for any unwithheld taxes. However, if...
Archived
Who gets to claim my daughter on taxes??
Christopher's answer
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Answered on January 17, 2012
The above attorney is correct. Whichever parent has custody for a greater number of days gets to claim the child. If both parents had the child an...
Archived
Can I file Head of Household if married to a nonresident alien?
Christopher's answer
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Answered on January 17, 2012
If you are unmarried or seperated on the last day of the year, you can file as single or head of household. If you are married on the last day of...
Archived
My ex has promised my adult daughter who i support money if they allow him to claim them on taxes.
Christopher's answer
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Answered on January 17, 2012
I agree with Attorney Lively. Somebody cannot just sell the ability to claim their child. If he does not meet the requirements to claim them, he...
If I am unemployed all year do I still file a tax return?
Christopher's answer
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Answered on January 17, 2012
Unemployment is taxable income. You should file. Here is a link.
http://www.irs.gov/pub/irs-pdf/p4128.pdf
Christopher Larson
Insight...
Archived
Do I hav eto file taxes every year or is there a way I can put off and double it the following year?
Christopher's answer
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Answered on January 17, 2012
If you made roughly $10,000 in wages, or $400 in self-employment income, you mst file. The fact that you have a sole prop actually makes it much...
Archived
How can a foreign non profit be exempt from US tax for bank interest earned in US?
Christopher's answer
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Answered on January 16, 2012
This is a situation where you should probably seek an actual attorney to look at all of the details of this arrangement. However, under IRC §881(d)...