Dividends from a controlled foreign corporation.

You're referring to the CFC (controlled foreign corporation) rules -- or "Subpart F" -- which are extremely tricky. First, not all types of income...

My dog was attacked by the neighbor's 2 dogs in 9/13 and had emergency surgery/intensive care. can I claim the $10,000 for taxes

Sorry to hear about this unfortunate situation. It's possible that the expenses could be deductible as a casualty loss deduction, which is limited...

The US tax treatment of foreign corporations is very complex and doesn't depend solely on how a payment to a US service provider (you) is...

Your question may be more "procedural" than legal. The employer should definitely remit all of the taxes due, most likely via an amended payroll...

Letter from IRS for forgiven debt-what do i need to do?

While you didn't make income from the transaction, the tax code considers the forgiven debt to constitute a type of "phantom" taxable income....

Several questions. Is LLC plus limited partnership a good structure for a small family + friends securities investment fund?

These are all good questions, and would be addressed if/when you engage an attorney to help you set up your fund. You probably have all of the...

How do my colleague and I best codify a property research agreement with a real estate developer and investor?

There are many different structures you could use, so it's probably too difficult to simply state "use a ___ agreement." For example, a properly...

Are contributions to traditional IRAs always tax-deductible, regardless of income?

You can always *contribute* to a traditional IRA regardless of income, but whether you are allowed to take a deduction for that contribution...

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Hi, I'm interested in taking H&R Block to court, which sort of law practice should I be talking to?

Yes, it does sound like H&R Block didn't do their job, but what's new? You should look for a tax litigator. Most litigate against the IRS and state...

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By filing form 8606, can I avoid paying taxes when I withdraw funds from a traditional IRA?

Your inclination is correct -- you must include traditional IRA withdrawals in taxable income. Form 8606 shields future withdrawals from tax *to...

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