Howard S. Borenstein, lawyers in Ontario, CA, California

How to Get a Copy of Your Federal Income Tax Return

You are applying for a mortgage, and the bank requires copies of your income tax returns for the past two years. You search and search, but to no avail. The good news is that your future life as a homeowner is not doomed. But the bad news is that it might take some time and cost some money.More...

Tax Shelters

We hear about tax shelters all the time, but the average taxpayer is not quite sure whether they are good or bad. It is impossible to categorize all tax shelters as either good or bad. Each must be looked at separately and carefully to determine whether it is legitimate or abusive.More...

Personal Casualty, Disaster, and Theft Losses

A hurricane strikes, and your home is partially destroyed. The bad news is that your insurance does not cover the total cost of the damage, and you are wondering whether or not there will be any good news from the Internal Revenue Service at tax time.More...

Taxation of Payments Made to Volunteers

As a volunteer worker in the Peace Corps or similar agencies, you most likely will receive certain payments in the form of allowances or reimbursements. The Internal Revenue Service has provided guidance as to the taxability of these payments.More...

Electing S Corporation Status

A timely and proper S corporation election generally permits the income of the business to be taxed directly to the shareholders of the corporation rather than to the corporation itself. In order to be effective in a current calendar year, the election must be filed by March 15th of that year. If it is filed any later, the election will apply to the next tax year. More...