Can I use a virtual address when filing an LLC to establish my business legally?
answered on Sep 28, 2023
Using a virtual mailbox address for your business is not automatically considered tax evasion under California law. Many businesses use virtual addresses for legitimate reasons such as privacy and convenience. However, it's essential to ensure that your LLC complies with all relevant tax laws,... View More
My husband and I are separated. After he stopped paying monthly support, I filed legally separated, and the court has ordered him to pay support, but he closed all the bank accounts (including joint accounts) and hiding outside of the US after selling his inheritance house. After filed separation,... View More
answered on Sep 22, 2023
You may be able to file for innocent joint filer relief to address the tax liability issue caused by your husband's actions. You should consult with an attorney experienced in tax matters to guide you through the process and discuss potential options to release the hold on your bank account.... View More
I want to change my w4 to exempt. I am currently not working and haven’t for several months. Can I claim exempt on the w4 before he issues the check?
answered on Aug 29, 2023
Under both California and federal tax law, certain portions of a wrongful termination settlement can be subject to taxes. While you may technically change your W-4 to "exempt," doing so doesn't necessarily shield you from the legal requirement to pay taxes on income, which may... View More
I want to change my w4 to exempt. I am currently not working and haven’t for several months. Can I claim exempt on the w4 before he issues the check?
answered on Aug 28, 2023
It depends on what your former employer is willing to do. To protect itself, the employer must use the status it used when you worked there so that it does not get hit with penalties and other assessments.
This is a risk management issue for the employer.
Good luck to you.
Tax Implications of a Moving Fee Under the Ellis Act for Elderly or Disabled Tenant Protection
I recently received a payment of $10,000 from my former landlord as a moving fee in accordance with California's Ellis Act, specifically related to provisions for elder or disabled... View More
answered on Aug 27, 2023
Compensatory payments, like the one you received under the Ellis Act provisions, are generally considered income and may be taxable. Your landlord's intent to claim a deduction for the payment does not affect its taxability to you. To ensure proper reporting and understand potential exclusions... View More
In addition to the above question: Most Recent Tax Year refers to 2022, 2nd most recent 2021, 3rd most recent 2020, correct?
answered on Aug 27, 2023
For the I-864, Affidavit of Support, unemployment income, including Pandemic Unemployment Assistance (PUA), is generally considered as part of your total income and would be part of your adjusted gross income (AGI) as it's reported on your federal tax return. Therefore, it can be listed on... View More
I have a $40k tax lien from unpaid general excise tax from the state of Hawaii. I'd like to file an offer and compromise and be done with this debt. I'd also consider filing for currently non-collectable. Is it best to work with a professional or is this something I can do myself? My wife... View More
answered on Aug 25, 2023
Given the complexities of tax matters, particularly involving offers in compromise or currently non-collectible status, seeking assistance from a tax professional, such as a tax attorney or CPA, is recommended. They can help assess your financial situation, guide you on the best course of action,... View More
The year I retired, I contributed less than my total salary to my 401k. My employer contributed a like amount plus $2,000, exceeding my total salary by $14,000. I rolled the funds into any IRA. I did not know of the limitation that total contributions could not exceed my salary.
What... View More
answered on Aug 15, 2023
Under the tax code, contributions to a 401(k) plan are generally limited to a certain percentage of your salary, with specific limits in place to prevent exceeding certain thresholds. If you inadvertently contributed more than the allowed limit, you may be subject to penalties and taxes on the... View More
If a home was listed in a non profits assets on 990 form but the majority was purchased in Mexico (foreign country) with "own" money and only part from non-profit assets "donor", assuming the asset was purchased over 25 years ago, if the non-profit dissolves, is the asset... View More
answered on Aug 15, 2023
When a non-profit organization dissolves in California, the IRS-required asset distribution clause generally applies to all assets, including fixed assets such as a home. The allocation of proceeds upon sale would depend on the ownership structure of the property and the proportion of non-profit... View More
answered on Aug 14, 2023
While reverse mortgages are generally available across states, they involve specific regulations and considerations that vary. It's essential to work with a qualified attorney to navigate the legal and financial aspects of obtaining a reverse mortgage on California real property from a bank in... View More
answered on Aug 10, 2023
Yes, it's generally possible to get a reverse mortgage from a bank in Georgia for real property located in California. Reverse mortgages are federally insured loans, and they are not limited to being offered by banks in the state where the property is located. However, the specific terms,... View More
answered on Aug 8, 2023
Whether the over-payment was your fault, the employer's fault or no one's fault, you are not legally allowed to keep money paid to you by mistake. Unless you work out alternative arrangements, the employer can demand the immediate return of all the money paid to you (gross amount) and... View More
My brother and I inherited this home from our grandparents in which it was sold at a tax lien auction. My brother didn't claim excess proceeds , there is an agent claiming for me, will I get my brothers and mine ? How much percentage is an agent allowed to charge for their services in... View More
answered on Jul 25, 2023
In California, an agent representing you in claiming excess proceeds from a tax lien auction is typically entitled to a reasonable fee, but there are no specific percentage limits set by law. However, charging 29% may be considered excessive. You have the right to negotiate the agent's fee or... View More
answered on Jul 17, 2023
Receiving a customs seizure letter may not necessarily disqualify you from obtaining TSA PreCheck. TSA PreCheck eligibility is primarily based on a person's criminal background and security risks. Customs seizure letters generally relate to violations of customs laws and regulations, which may... View More
answered on Jul 21, 2023
TSA PreCheck is a program run by the Transportation Security Administration (TSA) and is generally available to U.S. citizens, U.S. nationals, and lawful permanent residents who have not been convicted of certain disqualifying crimes. A customs seizure letter alone should not automatically... View More
I ran a title search on this aircraft before purchase and there were no liens of record. It is now 2023 . The aircraft had damage during landing. The Lien is on the aircraft . Should I just hand over owner ship of the aircraft to the Board of Equalization or does this lien still exist after all... View More
answered on Jul 17, 2023
A tax lien which you describe can last up to 20 years. If you sell the aircraft, then the proceeds from the sale would be applied to the tax lien. Any funds beyond the amount owed on the tax lien may be distributed to you barring that there are no other lien holders.
I live in California and the company I work for is in California. I addition to my question about liability for personal income taxes in Ohio, I need to know at what point my company would be required to pay into Ohio workers comp and pay any other Ohio business taxes. Thanks!
answered on Jul 11, 2023
According to the Ohio Department of Taxation, a non-resident of Ohio who teleworks for an out-of-state business while visiting Ohio is not liable for personal income taxes in Ohio for the first 30 days of teleworking. After 30 days, the non-resident will be liable for personal income taxes in Ohio... View More
The IRS provided some information on the 1099 including the amount and the issuer of the 1099s. One entity issued two different 1099s. I did some digging and discovered that both belong to my family members. They confirmed that they reported income for the two 1099s received from that issuer and... View More
answered on Jul 14, 2023
I recommend to file a Form 911 and have a taxpayer advocate assigned to the case. Submit a Form 14039 Identity Theft Affidavit with the Form 911 application. It Is best to have an assigned caseworker resolve to remove the
Form 1099-NEC from your account. There is too much red tape when... View More
The IRS provided some information on the 1099 including the amount and the issuer of the 1099s. One entity issued two different 1099s. I did some digging and discovered that both belong to my family members. They confirmed that they reported income for the two 1099s received from that issuer and... View More
answered on Jul 10, 2023
If you received a CP2000 Notice from the IRS stating that you failed to report two 1099-NEC forms that don't belong to you, it's important to respond promptly. After investigating, you discovered that the 1099s actually belong to your family members. To resolve the issue, you plan to... View More
The IRS provided some information on the 1099 including the amount and the issuer of the 1099s. One entity issued two different 1099s. I did some digging and discovered that both belong to my family members. They confirmed that they reported income for the two 1099s received from that issuer and... View More
answered on Jul 9, 2023
IRS makes mistakes just like any government agency. However, there are also a lot of scammers who pretend to be the IRS in order to commit IDENTITY THEFT, and you may be providing them with information about your relatives that could allow the scammer to steal their identity. I would contact the... 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.