You need to sit down with a local tax adviser to discuss. The IRS does not have record of the LLC if no EIN has been applied for, however, there...

What to do with a 1099-C?

if you can prove your insolvency at the time the debt was cancelled, the cancellation of indebtedness income may not be taxable to you. You should...

I received a bill for Philadelphia state taxes equaling $42000 from 2001,2003, this Debt was deemed uncollectable in 2007, why ?

I agree with both of my colleagues above; a possible explanation is that when you were deemed "non-collectible", that may have suspended the...

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I am requesting representation but on my mother's behalf?

there are actually a number of firms that specialize in this area near you (perhaps because of the presence of LIJ / Northhshore neaby). Here is...

For what year must I pay taxes on the sale of my home? The year of settlement of the sale or the year I actually received the $

This is a classic timing issue. If the potential liability issue was not "fixed and determinable" in 2018, and the amounts remained in the real...

My question is how does that look to you?

that's a pretty open ended question. The IRS is understaffed so a two week lag does not sound unreasonable. I would check back in another 2 weeks...

How to add someone on your mortgage and deed.?

First of all, my sincerest and heartfelt wishes for a speedy recovery, ... it's always important for you and your family to remain positive and...

A tax situation?

First thing you need to do is gather more information. go back and review your client copy of your tax return for the year they are claiming your...

Does the girlfriend of my deceased son have seniority over me to file for admin of his estate in behalf of her infant child?

for some reason i thought i had answered this question last week. Under SCPA 1001, as long as the girlfriend is not married to your deceased son -...

Tax deduction for legal fee after case settlement

as of 2018 (and for now - through 2025), personal legal fees are NOT deductible, except for discrimination claims, whistleblower claims and certain...