Questions answered by Elias V. Lorenzana Jr.

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Need to add granddaughter to title; have a vendor's lien on property for $2k, which form do I need to add her on to the title?

Elias's answer | Answered on June 26, 2014

You can use any one of the form deeds; just be sure to delineate the percentage ownership for your grand daughter on whichever deed you use.

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Should we hire a tax attorney or tax firm or keep negotiating with the IRS on our own?

Elias's answer | Answered on June 26, 2014

Best to hire a tax attorney with a CPA background. If you have a valid installment agreement with the IRS, and so long as you're current on your...

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I need someone to help with IRS tax liens that are against my property. Do I hire a private tax lawyer or Tax Help Assoc.

Elias's answer | Answered on June 26, 2014

Best to hire a lawyer that has a tax background or lawyer/CPA. To remove the liens on your home, you'll need to file an OIC with the IRS, and get...

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Divorcing with 1 child in Texas. We're trying to sort out who gets to claim her as a dependent and when. Need a bright idea...

Elias's answer | Answered on June 26, 2014

IRS regulations are very clear on who gets to claim the dependent exemption. This is only allowable for the parent that has the child for more...

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Where do I stand?

Elias's answer | Answered on June 26, 2014

Your note payable should have had a primary or secondary lien on the trailer to keep the note fully collateralized by the trailer. Not that you...

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Can there be two agreed offers in a offer in settlement of a business lawsuit? Am I in breach of contract if I do not sign ?

Elias's answer | Answered on June 26, 2014

Two competing contracts will be an issue when interpreting who ownership belongs in a business enterprise. This will obviously result in further...

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Tax Attorney/Immigration

Elias's answer | Answered on June 26, 2014

If you're legally married, then you should file as "Married Filing Jointly" on your federal tax returns, unless you think you're paying less by...

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Naturalization and taxes.

Elias's answer | Answered on June 26, 2014

When applying for naturalization or U.S. citizenship, the USCIS looks to the applicant on whether the individual has been a tax paying person and...

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I'm being sued in Texas by state farm ins,co. If a judgment is granted can they take my income tax refund

Elias's answer | Answered on June 26, 2014

Only the IRS itself can take away your tax refund. In Texas judgments are only attachable to your non-exempt property. Exempt property only...

Archived

Set branch in LA directly or set branch in Hongkong first ,then set an office in LA

Elias's answer | Answered on June 25, 2014

The key answer here is that your corporate entity in China is a separate foreign entity, and should be registered as a foreign corporation in CA if...

Elias V. Lorenzana Jr.'s Answers (48)

Need to add granddaughter to title; have a vendor's lien on property for $2k, which form do I need to add her on to the title?

Should we hire a tax attorney or tax firm or keep negotiating with the IRS on our own?

I need someone to help with IRS tax liens that are against my property. Do I hire a private tax lawyer or Tax Help Assoc.

Divorcing with 1 child in Texas. We're trying to sort out who gets to claim her as a dependent and when. Need a bright idea...

Where do I stand?

Can there be two agreed offers in a offer in settlement of a business lawsuit? Am I in breach of contract if I do not sign ?

Tax Attorney/Immigration

Naturalization and taxes.

I'm being sued in Texas by state farm ins,co. If a judgment is granted can they take my income tax refund

Set branch in LA directly or set branch in Hongkong first ,then set an office in LA