720 Tax and Taxation Law results in California

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How do you use the lifetime $5 million gift tax exemption? Can someone just write a check for $5 million to another person as a life ti...
Asked 5/13/11, 9:29 am in United States California Tax and Taxation Law

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is social security retirement income subject to federal IRS garnishment
Asked 5/11/11, 5:58 pm in United States California Tax and Taxation Law

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My taxes were submitted by my tax preparer without my permission, now I have a large tax liability in which I had met with a cpa to help wit...
Asked 4/23/11, 1:55 pm in United States California Tax and Taxation Law

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The franchise tax board put a hold on my checking account for taxes they say I owe from 12 & 13 years ago. I have no records that I did or d...
Asked 4/18/11, 9:51 am in United States California Tax and Taxation Law

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My new tax man is not going to have my annual state & federal tax docs ready for me to submit by the deadline -- April 18th. I'm going to t...
Asked 4/17/11, 1:20 pm in United States California Tax and Taxation Law

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My wife left me for another man in September. I filed for legal separation in October, so that I could file joint taxes with her and at leas...
Asked 4/12/11, 11:19 pm in United States California Tax and Taxation Law

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Is it considered a fraudulent marriage If I were to say, marry a roommate specifically for tax purposes?
Asked 3/30/11, 4:26 pm in United States California Tax and Taxation Law

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I closed my business in July 2010 after 3 years . It was a service type business with no quarterly sales tax obligation . But the ...
Asked 3/28/11, 12:05 pm in United States California Tax and Taxation Law

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my tax return money was taken by a friend(?)he obtained my information had an address change ordered a new turbo tax card and took 1300.00 o...
Asked 3/21/11, 5:49 am in United States California Tax and Taxation Law

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Is a gift of cash of $10,000 from an out of state donor taxable as income in California?
Asked 3/20/11, 1:47 pm in United States California Tax and Taxation Law

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I'm currently a law students and gonna be taking the bar in July 2011. In 2009 i made about $75,000 income. In 2010 I wasn't wor...
Asked 3/09/11, 6:31 pm in United States California Tax and Taxation Law

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My mom wants to gift me $100K for first time home purchase. What are the tax implications for her (she is on limited monthly income).
Asked 2/09/11, 12:02 pm in United States California Tax and Taxation Law

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Hi, I recently opened an account at goldmoney.com, which allows you to trade precious metals via an offshore account in Jersey. T...
Asked 2/07/11, 5:05 am in United States California Tax and Taxation Law

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what is the taxability of a $40k gift from a family member for the purchase of our primary residence? Is it considered income to us?
Asked 2/02/11, 9:05 pm in United States California Tax and Taxation Law

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I recently won a large sum of money, all non punitive damages. What is the most tax efficient way to give my two adult kids the whole sum?
Asked 1/19/11, 8:07 am in United States California Tax and Taxation Law

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answer

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