Normally, there would be a step up in basis to fair market value on the date of death or 6 months after the date of death. Please check with the...

Do I have to refile, or will I get in trouble, if I do not file this, after I have already paid several thousands of dollars,

For this small change, it would not make sense to file amended federal and state tax returns. I am sure when the 1099 is received by the IRS, they...

Q: can I acquire an a/k/a to use as a DBA (in place of my own name, but w/o legally changing my name) when signing legal papers

I am sorry about you suffering under a stalker. I suggest that you hire a good attorney who can help set up an LLC for your business matters. As...

Can i file tax return as Single and will it impact my Green Card Process? Or whats the best way to file tax return?

No, when you are married you can only file as either married filing separately or married filing jointly. You should go to a professional tax...

Can I sue h&r block and if so we're do I start?

First of all, even though you may have a potential suit against H&R Block, there are very little damages and it would not make economic sense. You...

We are separated, but filed 2015 taxes jointly as married. Does tax return get split 50/50? Regardless of salary differences?

There is no hard and fast rule as to how you should voluntarily split the refund. It sounds like your husband is being fair. If you really think...

First, you should absolutely hire a CPA or an experienced professional tax preparer to review this. Since there is no tax involved, just a notice...

Do I need to become a business entity?

Even though it is legally not required to have a separate entity, you absolutely should have a limited liability company or corporation established...

I am considering to file for BK-7, can tax lien be discharge in that BK?

Unfortunately, the failure to file tax returns means that these taxes are not dischargeable in a Chapter 7. You must have your tax returns filed...

When is it necessary to get EIN?

First, the IRS does not require a single member LLC to have a separate EIN. Nevertheless, you are foolish for not having a separate EIN and just...