Law Offices of Lenora Roland, lawyers in Hayward, CA, California

Welfare and Other Public Assistance Benefits

If you are the recipient of benefit payments from a public welfare fund, you do not have to include them in your income. In addition, any payments from a state fund that you received as a victim of a crime should not be included in income. However, if you paid medical expenses that were reimbursed by a victim's fund, you are not entitled to a deduction for those expenses.More...

Miscellaneous Itemized Deductions

Although the Internal Revenue Code does not allow taxpayers to deduct certain employee expenses directly from gross income, it does permit the taxpayer to reduce adjusted gross income by treating them as itemized deductions. In deciding whether to itemize deductions, a taxpayer should determine if all of his or her itemized deductions exceed the applicable standard deduction.More...

Small Tax Cases

If you have filed a petition in Tax Court to contest a deficiency of $50,000 or less, including additions to tax and penalties, or you claim an overpayment of that amount or less, you have the option of having your case heard under expedited and simplified procedures. These relatively informal procedures may also be used for innocent spouse determinations involving $50,000 or less or disputes continuing from pre-levy administrative due process hearings where the unpaid tax is $50,000 or less. More...

Taxation of the Recipient of a Gift

Generally, you do not include property that you received as a gift in your income for federal income tax purposes. However, if the property you received generates income such as rents, income, or dividends, that income (not the underlying property itself) is taxable to you.More...

Long-Term Care Contracts and Expenses

Premiums paid for a qualified long-term care insurance contract are a medical expense, but the deductible amount of the premium is limited by the age of the taxpayer at the end of the tax year. The deductible portion of premiums paid increases with the age of the taxpayer. The limit on premiums is for each person.More...