Can you legally claim your 18 yo who has been in state prison nine mos of the year?

This is a very tough one. If the child turned 18 during the year, they meet the age test and don't need to be a student. What it really comes down...

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Am I liable for taxes on a child support check from a business account?

Child support is never included in income. If he tries something wise like issuing you a 1099 at the end of the year, do not declare it as income...

I'm looking for a well to do lawyer with a good deal of personal tax knowledge as well as some debt knowledge. I'm in Austin Tx

The previous attorney is correct. The Q&A is not a great place to find an attorney based on geography. There are a few states heavily represented...

Is there a law on the books that supports home owners recovering some of their lost when filing taxes the following year?

There is something under the Mortgage Debt Forgiveness Act that allows you to exclude Cancellation of Debt income received on a 1099-C if it is...

Doe I need to give power of attorney to a tax lawyer to get my tax stuff from the IRS fixed?

Yes. By all means. A Form 2848 is not a broad "Power of Attorney" and only gives the attorney the right to represent you for those years with the...

I am a US citizen and I just married in the Netherlands. Am I still considered single in the United States?

I say you are married as you are legally married in the place you reside. it is likely that if you came to any state in this country, your marriage...

I am considering selling an income property that we have owned for 20 years what are the tax implications to selling.

So you mean this is a rental property? Generally, you will pay the long term capital gain rate on the difference between the amount realized and...

How would I go about finding out where I stand with the IRS after not filing for roughly 10 years

You first need to file your back tax returns. You can simply hire a CPA to do this. If you had proper withholding, then you might owe nothing, but...

I WANT TO SELL THE PROPERTY IN INDIATHAT MY FATHER HAD WRITTEN FOR MY DAUGHTERS COLLEGE EDUCATION, SHOULD IRS WILL TAKE TAX?

Sounds like a straight inheritance to me. Your daughter would not be taxed on this. Also, it sounds your father and brothers don't have much to do...

Can FTB in CA come after officers for $800 franchise fee?

I concur that your biggest possible concern is distribution of assets while creditors were owed. Christopher Larson Insight Law