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I noticed you're licensed to practice in Texas. I am
Richard, I noticed you're licensed to practice in Texas. I am from Texas and have family living there now. My question is based on the following theoretical scenario: If a daughter were to get a divor… read more
Richard
Richard
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Doctoral Degree
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My daughter is getting married this year. How much of the
My daughter is getting married this year. How much of the cost can we cover in 2015 without tax considerations?… read more
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My daughter has 3 accounts at our bank. Our names, her parents,
My daughter has 3 accounts at our bank. Our names, her parents, are also seen on two of these accounts (checking and the one we dubbed as an education savings account) and the third one (another savin… read more
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Robin D.
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Can I give my grandson or daughter a gift of money and be able
Can I give my grandson or daughter a gift of money and be able to declare it as a tax deduction gift on my income tax return? If so will it be considered as an earned income on my daughters tax return… read more
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My soon to be husband and I are about to receive a wedding
My soon to be husband and I are about to receive a wedding gift from my parents of $40,000, but the money is in the Czech Republic. How can I get the money to the US and into a bank account without pa… read more
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I live in Nevada and we can deduct sales taxes. According
I live in Nevada and we can deduct sales taxes. According to the sales tax chart for our income level we can deduct ~$2100 in sales taxes. My daughter was married last year and we spent ~$30K on sales… read more
Merlo
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I just go the bill for my daughters wedding. Everything had
I just go the bill for my daughters wedding. Everything had a 21% service charge. Do I owe the 9.25% tax on the service charge or just the food amount?… read more
Robin D.
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I have a 26 year old daugher who resides with my granddaughter
I have a 26 year old daugher who resides with my granddaughter in an investment property we purchased. We have a small mortgage of $1300 mo on the property which includes property tax. we deduct the t… read more
Marvin,EA
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I have a small Home based electrician business in Hartland
I have a small Home based electrician business in Hartland MN. I am interested in buying small home for $10,000. It is a fixer upper. If I purchase this home in 2008, can I use it as a tax write off f… read more
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I PAID MY ADULT DAUGHTERS MEDICAL BILLS. CAN THE AMOUNT I PAID
I PAID MY ADULT DAUGHTERS MEDICAL BILLS. CAN THE AMOUNT I PAID BE CONSIDERED A GIFT TO HER SO SHE CAN CLAIM THIS AMOUNT AS A MEDICAL EXPENSE ON HER INCOME TAX?… read more
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My wife and I recieved about 18000 in cash gifts from ...
My wife and I recieved about 18000 in cash gifts from guests at our wedding. We want to put this money into a CD at our bank, but first we have to deposit it into our checking account. Are there any t… read more
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I help my daughter, who is low income, with her rent and ...
I help my daughter, who is low income, with her rent and utilities........can I deduct this from my income tax return?… read more
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I want to give my daughter a money gift for her ...
I want to give my daughter a money gift for her wedding. She lives in Canada, I live reside in the States. The gift would be in U.S. Funds. Is tere a limit to the amount? Would she and her future husb… read more
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my husband and I want to pay off our daughter and ...
my husband and I want to pay off our daughter and son-in-laws car and two credit cards to put them in a better position to get a home loan. It will not be a loan, just a wedding gift to them to help t… read more
Guru_Guy
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I sold a painting I got in my divorce settlement in the UK, ...
I sold a painting I got in my divorce settlement with an auction company in the UK, the money was put in my US bank account, I live here. The amount was in the region of $40,000. What is my tax situat… read more
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My daughter has owned stock for many years in Bank of ...
My daughter has owned stock for many years in Bank of America (more than 15 years). She is going to sell the stock to pay for her wedding. Can she gift the stock to me or my wife and we will sell it f… read more
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My mom wants to give us 10,000 to help pay for college for ...
My mom wants to give us 10,000 to help pay for college for my daughter. Who should get the money and what amount can she give without being taxed?… read more
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