123 legal [2, *]questions have been posted about taxation by real users in Ohio. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include estate and gift taxation, income tax, and tax audits. All topics and other states can be accessed in the dropdowns below.
Recent Legal Answers
You would need to open up an estate in probate for your husband, be appointed executor, and then get a court order that would allow his beneficiaries... Read Answer
There are a lot of moving parts to this scenario. The answer to your question depends on additional facts not known or stated. A detailed... Read Answer
I suggest you sit down with a tax professional to figure this out. There may be deductions and credits you can utilize to minimize any capital... Read Answer
Please email me directly to steveblanc@blanctax.com. Bottom line, you will get a credit on US tax return for taxes paid to India.
Steve
You need to get your records from the accountant and find a new one.
If a house is owned by your personal, nonbusiness LLC, you will get the personal residence exclusion. However, if the LLC has other assets which are... Read Answer
If your tax preparer was paid, he/she is required to sign the return.
You owe the client a copy of their records within 30 days of a request. Electronic records, the accountant generated much be sent, if the client has... Read Answer
The IRS withholding rules don't refer to hours worked, they refer to how much money you make each paycheck. But if you've got other income, you'll be... Read Answer
If you've got bad credit, the true interest rate can be extremely high. Subprime loans often have stated interest rates of 30% or more as well as... Read Answer
Shame on you for trying to steal your child's money. What's your special need, a customized Mercedes? That money belongs to your son, not you. A... Read Answer
You may be investigated as part of your sister's investigation but as long as you qualify for the tax exemptions - the children lived in your home... Read Answer
DON'T STEAL YOUR KID'S MONEY!!! The child received a settlement because she was injured or her parent died and you want to steal her money to party... Read Answer
First, you can't go to prison for not filing your taxes. You CAN go to prison for LYING on your tax forms (unless you're Hillary, then an apology... Read Answer
The custodial parent, your ex, needs to sign IRS form 8332 giving you the exemption. Each year. If she refuses, the court that granted your divorce... Read Answer
You should have gone to the coupe where you got the divorce and filed on him for contempt of court. By waiting for years, you have probably lost... Read Answer
IRS regulations provide that the custodial parent has the right to take the exemption for the child. The custodial parent is the one where the child... Read Answer
The answer depends on what other gifts you have made to him and others. The gift tax could be as low as $0. In any event, there would be no income... Read Answer
Statutes of limitations are state laws, so each state has it own rules for collecting income taxes. However in all states, the statute of limitations... Read Answer
No letter of intent is required. You do need to write "section 1256 treatment" on your tax return.
Yes, if you and the lender agree on a plan. But it doesn't appear that you have any assets that aren't exempt from garnishment.
Some states and cities require all businesses to get a license, it's a tax on doing business and when you pay the tax, issuing the license is... Read Answer
Adverse possession requires time, in some states up to 21 years.
No, you're not liable.