When selling a California property that was inherited and has been a rental for 12 years, which point should be used to determine the property's value for tax purposes, and who gets the depreciation when filing taxes?

June 4th, 2024

Under the circumstances, should my client start a new corporation to avoid complexities for later on?

November 8th, 2024

Our organization, World-Wide Church Planters, Inc., received notice on 5/5/18 from Guidestar.org that our tax-exempt status might have been revoked. We have confirmed with the IRS that we were revoked on 5/15/12, but we never received any notification from the IRS. All our 990 and 990EZ forms have been filed, but the IRS has no record of them. What steps do we need to take to have our tax status reinstated, and can the IRS revoke without notice?

March 17th, 2023

I am surrendering my house to the DOJ and planning to submit an Offer in Compromise (OIC) soon. I plan to buy another house during this time and have spoken to banks who have no issues with this. Do you see any problems with this plan, and should I inform the DOJ of my plans? If the OIC is not accepted and they take the equity from the house, what happens to the remaining balance due?

May 1st, 2024

I've been trying to apply for Medicaid but haven't been successful. Should I go to the Boca Raton SS office? I am currently 64 years old.

April 21st, 2023