Can I get interest reduced from back taxes(93 and 94) from decease husband?

Was this a joint income tax return or just your late husband's? If it was joint, then you are personally liable. If it was his only, then his...

I want to sell online (crafts, yard sale)and take out for taxes + write off expenses. Just for me, no employees.What do I need?

First, do not use the word "Hobby". That makes expenses only deductible to the extent of income under the "hobby loss" rules. Secondly, you should...

I am a green card holder - I am expecting an inheritance from The Netherlands. Do I pay taxes on this in the US?

Usually, this is not taxable income. If it is $100k or more, you should talk to a tax and estate attorney. Good luck! Ron Cappuccio

Do a person needs to file income tax if he only receive pension $97,000 per year? Is pension consider income?

Yes. You absolutely must file a tax return both Federal and State. Even if you owed no tax, the only way the Statute of Limitations on audits and...

It is not a good idea to combine your computer programming business and record label. They are two entirely different businesses ad there is no...

Do I need a tax attorney

I have handled similar situations. it is very difficult to prove the correct tax due especially if a K-1 was filed showing you owe the tax. A tax...

Can IRS arrest me for not filing tax returns?Not a us citizen, made 30K 2011( airbnb subletting) , coming for a visit next week

Realistically, no. When you get to the US, hire a tax preparer or CPA to prepare the delinquent returns. Relax. Ron Cappuccio

In a single-member Connecticut LLC with a single manager, can anyone other than the manager or member sign contracts?

You can make this employee an "officer" with authority to sign contracts. Nevertheless, loans, sales of real property and other major transactions...

Small business in NV w/ state/county/tax licenses. Want to sell out of state, do I need licenses there or can I claim in NV?

This is actually a complicated and disputed issue. First, on an out of state sale, you would not collect or pay NV sales tax. The more difficult...

Is it cheaper to be married or single as far as when filing taxes

Not simple at all! It depends upon the income of you an your spouse. In fact, some people are subject to the "marriage penalty" and pay more tax as...