Get free answers to your Tax Law legal questions from lawyers in your area.
Your current state is Ohio
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 25, 2024
When a trust pays an attorney more than $600 in a calendar year, the trust generally needs to issue a Form 1099-NEC to that attorney. This applies to both individual attorneys and law firms, regardless of the amount of work performed. The form is used to report non-employee compensation to the IRS.... View More 
For SOH portability, is the market value considered the amount the county recorded as the market value in the year you sold it, or would the market value be the price you sold for? This tax year my market value according to the county was $186936 but the property was sold for $290,000. Which amount... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 24, 2024
For SOH (Save Our Homes) portability, the market value used is typically the assessed value determined by the county property appraiser, not the actual sale price of your home. The assessed market value is the figure that the county recorded for tax purposes, which in your case was $186,936.... View More
Hello, if an international student comes to USA for PhD with full fund, can she do day trading in crypto at the same time?
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 24, 2024
If you are an international student in the U.S. on an F-1 visa, it's important to know that your work activities are restricted. Engaging in day trading, including crypto, could be considered unauthorized employment if it generates income. This could potentially violate your visa terms,... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 23, 2024
Facing charges for speeding, reckless driving, and failing to give right of way to an emergency vehicle in Kentucky can be serious. Each charge may come with its own penalties, including fines, points on your license, and potential jail time. Reckless driving, in particular, is considered a Class B... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 23, 2024
In California, whether sales tax applies to shipping charges depends on how the charges are stated on the invoice and the nature of the transaction. If the shipping charge is separately stated from the price of the goods on the invoice, it is generally not subject to sales tax. However, if the... View More
Preferably in Texas
answered on Aug 23, 2024
Off the appropriate website for the county where the property is listed for sale.
For example, Dallas County's website for properties posted for tax foreclosure sales is:... View More
Back taxes or from non payment to bank in texas
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 23, 2024
To find listings of properties, homes, or businesses that are about to be seized for non-payment of back taxes or unpaid mortgages in Texas, you can start by checking with the local county tax office or appraisal district. They often have lists of properties facing tax foreclosure. Many of these... View More
Within how long must the individuals who are to be served to be served the amended petition for tax certiorari?
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 23, 2024
When filing an amended petition for tax certiorari in New York, you need to be aware of strict timelines. Generally, service must be completed within the same timeframe as the original petition, which is typically within 10 days after the petition is filed with the court. This means you should act... View More
So first file has I named decedents estate with same case number showing sec petion with grandmother referee probate and out come only shows that 2 relatives requested to be Administrator s but does not anything else about my I as the decedents estate and both files are same case number and never... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 19, 2024
To address the situation with the estate and the alleged fraud, you'll need to take immediate legal action to protect your rights and interests. Start by gathering all relevant documents, including the court records, petitions, and any evidence of title fraud or misuse of power of attorney.... View More
Just formed my LLC and want it to be the holding company and an S corp what do I need to file and in what order?
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 17, 2024
To turn your LLC into a holding company and elect S-corp status, you will need to follow a specific process. First, you can use your LLC as the holding company by structuring it to own other businesses or assets. You won’t need to file anything additional at the state level for it to act as a... View More
What can I do to stop this if it goes up for auction I will be homeless please help me
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 17, 2024
You may be able to avoid losing your home by contacting the local tax office to explain your situation. Ask if there is a payment plan or other relief options available to help you manage the tax debt. Many counties have programs in place for those facing financial hardship, and they may be willing... View More
I received a mail from the Tax Collector that is 3 real estate homestead penalty from the government for 2021, 2022, and 2023 and amount total is $9,600. However, those years of my mortgage statement shows that the taxes were paid.
Do I need to go to the office of the property appraiser to... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 17, 2024
First, carefully review your mortgage statements to confirm that the taxes were indeed paid for those years. Ensure you have all the necessary documentation showing the payments, including receipts or confirmations from your mortgage company. Sometimes, there could be an administrative error or... View More
can I use the rest of equity to upgrade my current home and avoid taxes?
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 16, 2024
If you sell your second house and use the proceeds to pay off your primary residence and upgrade it, there are still tax implications to consider. In California, when you sell real estate, capital gains tax will generally apply to any profit made on the sale, unless you qualify for specific... View More
It seems the Pennsylvania revenue only taxes 8 type of income excluding commonly recognized retirement benefits as per FAQ
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 17, 2024
In Pennsylvania, personal income tax applies to eight specific categories of income, and the state's tax law typically excludes common retirement benefits from taxation. This generally includes foreign pensions if they are considered retirement income. However, to qualify for exclusion, the... View More
My tax preparer forgot to file my taxes. I have emails spanning 3 months where I repeatedly asked about my taxes, but he didn’t respond. He did confirm receipt of my documentation on April 12th, the day after I sent it to him on April 11th. I also have phone records where I called in, and he... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 16, 2024
You may be able to seek compensation from your tax preparer due to the clear negligence and delays that caused you to incur a $1,500 penalty. Since you have documentation showing your attempts to follow up and his admission of partial responsibility, you might have a solid case for holding him... View More
the michigan tax code for property handed down to children
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 16, 2024
If you acquired land from a Lady Bird trust and bought out the interests of other parties, the tax treatment for that property depends on several factors. Michigan law allows for the uncapping of taxable value when property is transferred, but there are exemptions, such as transfers to children.... View More
She created multiple crypto accounts in my name and made capital gains trading but never paid any taxes, can I sue her for it? I would like to hold her accountable for the taxes she occurred in my name. I don't want any future issues with the irs. Nor do I wanna deal with any legal issues,... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 16, 2024
Yes, you can potentially sue your sister for identity theft, fraud, and damages caused by her actions. By using your name to create cryptocurrency accounts and failing to pay taxes on the capital gains, she has exposed you to serious legal and financial consequences. It's essential to protect... View More
Hello - A non-resident alien (from Nepal) has $200k in US bank savings account and $300k in US Govt bonds. A US citizen daughter is named as a beneficiary (payable on death) on both assets. If the owner dies, is estate tax applicable to any of these assets provided there are no other claims?... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 15, 2024
In the situation you described, estate tax could be applicable to the non-resident alien's US assets. The US imposes estate tax on non-resident aliens' US-situated assets, which includes the US bank savings account and US government bonds. The threshold for estate tax for non-resident... View More
In Sept 2019, I hit a deer. By Nov 2019, an auto claims adjuster came to the house, assessed the damage, and considered it to be a total loss. After the company received the amount to pay off the majority of the loan, which was to be $4995, the dealer's gap insurance that is required at the... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 15, 2024
You have several legal options to consider in this situation. First, you may want to dispute the 1099-C with the IRS, as it seems the debt was already paid off, and the filing may have been incorrect. If the dealership's gap insurance was supposed to cover the remaining balance, and they did... View More
I worked for the money in the account. (about 3k) Usually, when you become of age you can own this type of account automatically. However, the account seems to have an error/they want to confirm the old address. The only person who can confirm the address is my Father, but he and I are not on... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 15, 2024
It’s frustrating to feel like your money is being held up by an error, especially when you've met all the requirements to take control of the account. Vanguard's need for your father’s confirmation, despite verifying your identity, feels unfair given that you are now an adult.... View More
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
