asked
My husband has been incarcerated in prison for more than 12 months. He keeps telling me that there is something I can file that is, to use his words, "like injured spouse" which would entitle me to more of a refund. Is this true or is he just falling victim to more 'jail talk'?
January 13th, 2024
I sold all of my mutual funds that were in stocks and over the life of the long-term funds took a $19,000 loss. How do I report this on my 2012 taxes?
January 22nd, 2024
I own company A in the USA and started a new company B in Hong Kong. I want company A to loan company B about $1M over time to build an online social network, which company B will own. The loan might be interest-free or low-interest, with payments deferred for 12-24 months. In exchange, company B could give company A stock options. Can I do this, and what do I need to consider from a US tax or corporate law perspective?
August 31st, 2023
A home was in a revocable trust and the original owner of the trust has passed away. She left the home to 4 children. The home is now being sold and split between the four of them. Is the income taxable and what form do you have to claim it on?
November 4th, 2023
As a co-signor on a student loan for my daughter-in-law, who is not my dependent, can I claim the interest on my tax return if I have been making all the payments on the loan?
January 3rd, 2023
I have a large judgment and a tax lien against me personally. If I form a new corporation or LLC, can they come after that new entity? How can I protect myself when starting a new business?
December 28th, 2024