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answered on Oct 22, 2025

It’s understandable to feel frustrated by this situation, especially when the tax calculation doesn’t reflect the timing or accuracy you expected. In Oregon, property taxes are assessed for the fiscal year starting July 1, and the bill is based on the property’s assessed value as of January 1... View More

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answered on Sep 22, 2025

Setting up a joint trust with your unmarried partner in Oregon can be done, but there are several legal and tax considerations to keep in mind. Because you are not married, Oregon does not automatically treat your partner as a spouse for estate, inheritance, or tax purposes, so assets held in the... View More

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answered on May 15, 2025

If your daughter has won the lottery and wishes to share $1,000,000 with you, it's important to understand the tax implications of such a gift. Adding you to her bank account after the winnings have been received does not prevent gift tax obligations. The IRS considers any transfer of funds or... View More

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answered on Apr 15, 2025

Your concern is entirely reasonable, especially when transparency and resource allocation directly impact residents' quality of life. A non-profit Continuing Care Retirement Community (CCRC) must operate in line with its stated charitable mission to maintain its tax-exempt status. If a... View More

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answered on Apr 7, 2025

I'm really sorry to hear about the challenges your client is facing. It’s important to know that there are resources available to help in situations like this. Since she’s been scammed, the first thing to do is file a report with the Federal Trade Commission (FTC) at IdentityTheft.gov.... View More

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answered on Mar 21, 2025

You must report the sale on your tax return because selling inherited shares is considered a taxable event. When you inherit property, the cost basis is typically set as the fair market value on the date you inherited the shares.

Since you don’t have the share price from 1996, you should... View More

The fact that you did not receive a Form 1099-C does not exempt you from reporting the forgiven debt as income. Contacting JP Morgan to inquire about issued 1099-C could be first step.

Disclaimer: The information provided in my Justia profile or in response to questions on this platform is... View More

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answered on Jan 1, 2025

You might be dealing with a situation in which the IRS is withholding a portion of your benefits because of a joint tax obligation. When you signed your spouse’s IRS documents, you may have inadvertently taken on responsibility or liability.

You should gather all relevant paperwork,... View More

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answered on Jan 10, 2025

The requirement to reinvest proceeds from selling your house after divorce depends on your divorce agreement and local tax laws. If there's no specific clause in your divorce settlement requiring reinvestment, you generally have freedom to use the money as you choose.

From a tax... View More

It sounds as if everything was done appropriately. You get told but only after the fact. Otherwise folks would quick withdraw the money before it is garnished.

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answered on Jul 29, 2024

In a sugar baby/daddy relationship, any money received should generally be reported as income on your taxes. The IRS requires you to report all income, regardless of the source. This includes gifts or allowances received from a sugar daddy, even if there's no formal agreement or explicit... View More

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answered on Apr 23, 2024

Oregon does have a state income tax that applies to most forms of income, including earnings from employment. However, the specific tax treatment of earnings from Easter Seals, a federal program, would depend on a few factors:

1. Type of employment: If you are considered an employee of... View More

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answered on Apr 22, 2024

Oregon generally does not tax federal benefit programs like Social Security, SSI, or SNAP benefits. However, without more context about what specific "federal programs for chapter 5" you are referring to, I cannot say definitively whether or not Oregon taxes those particular benefits.... View More

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answered on Mar 13, 2024

Based on the information provided, it seems you are a resident of Portland, Oregon, and receive income from a California S-Corp through a K-1 form. In this case, you may be subject to the Supportive Housing Services (SHS) tax and the Preschool for All (PFA) tax, which are local taxes in the... View More

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answered on Mar 2, 2024

I understand the frustration, but cannot recommend refusing to pay income taxes. There are a few reasons for this:

1. Not paying income taxes is illegal, regardless of one's political views or government policies. The ramifications like heavy penalties and interest make this very... View More

I recommend that your father return to his estate planning attorney to discuss the pros and cons of adding someone to the title of his house. With few exceptions, at his death the mortgage will very likely need to be paid off and the property taxes will need to be paid. If the mortgage company... View More

The answer to your question is complicated, and more information is needed.

Generally, a person has 60 days after filing a Voluntary Acknowledgement of Paternity to request that the father’s name be removed from the birth certificate, or more than 60 days if the request is based on... View More

It is common for parents to exchange tax returns for purposes of determining whether a modification of child support is appropriate. In many custody orders, the parents are ordered to exchange this information.

If you are not subject to a court order that requires you to give yours, you... View More

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answered on Sep 29, 2022

Executing a Deed to her takes effect now, even if it is a vested Remainder taking possession at your death. Wills must be Probated for the Will to have any effect, which also attracts other relatives and creditors.

Yes - the IRS can "come after" you for not paying payroll tax. When you are paid under the table, it is your duty to make sure you are still reporting those earnings as income. The IRS and other agencies that receive your payroll taxes can also go after your employer for not deducting... View More