Archive for September, 2008
Can you get one-half of tax refund from the tax years of 2001 and 2002 from ex-spouse?
annswers asked: I am asking this question for a co-worker. If the couple file joint returns, divorced in 2002, and the ex-spouse forged signatures on 2001 and 2002 tax returns — then, deposited entire tax refunds into their account …. Can the other party get their one-half tax refund back? The [...]
Should there be a tax investigation on all prominent politicians?
MyOpinionOnly asked: In light of the recent discoveries of individuals in high positions not paying taxes, or having “tax issues”.
tax issues as it refers to land trusts?
sweetdeysies asked: when you are the beneficiary of a land trust how can you deduct your expenses?
How would one know if a paid-survey website makes an influx through “tax backup”?
sou asked: i was about to sign up for a survey site when the terms read that anyone paid over $600 is required to have an IRS form sent to them. even though i’m not with reading documents and stuff, i don’t want to get stuck with tax issues. also, i saw on oprah how [...]
Is there any tax issues with my mother-in-law selling us a 2006 Jeep Liberty for $1?
tskeene_28 asked: My mother-in-law bought and paid for this vehicle in Arizona. She will have the title very soon.
When does the tax year start and end in USA?
ML asked: For example, when we file for tax returns for 2007, from which date to which date does the filing cover? The reason I’m asking is because I’m planning to start investing money in stocks and I don’t want to file for 2007 taxes just because of my investments in stocks as I’m not [...]
California Corporation Franchise Tax Due Issues?
southern Ca asked: The company is a C Corporation and they were not in operation since 2004. They did not file their tax return since 2004 due to no activity but they are still liable for the $800 minimum tax each year. Now the FTB going to suspend the company due to unpaid taxes. [...]
A young man owes $90,000 on his mortgage, but his father wants to pay it off for him. Any tax issues? Other?
Keith L asked: A friend of mine is in a unique position to have his house (mortgage) paid off by his parents. Question is, will there be any tax issues?
If my friend makes monthly payments to his parents (that is, should his folks essentially become the mortgage company), would this allow a way [...]
Need to resolve unfiled tax issues?
Laureninal asked: I haven’t filed my personal tax returns for the past 4 years…I own a small business and have recently been divorced. I need help..am unable to sleep at night from worrying about this. Do I contact a tax attorney or someone with the IRS first? Haven’t received any correspondence from the IRS, but [...]
Dumb Question of the Day: Is all the tax mess of the Obama cabinet actually showing a change? Transparency?
C.S. asked: These are often tiny little tax issues that probably were never reported on before at all. The fact that we are finding out about them might show actually that there is some more transparency and honesty in the Obama administration.
I’m critical of that, but couldn’t this show a change in the way [...]
