CIVIL TRUST FUND PENALTY

I am sorry that you did not retain a good tax controversy attorney to help you with this. Typically, I would fight the Sec 6672 Trust Fund...

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I defaulted on my current IRS OIC am I able to reinstate

Call a tax attorney right away to see if the attorney can help you get it reinstated. Do not delay! Good luck! Ron Cappuccio

This is a "fun" question. If you all joined in on the purchase and decided to use an LLC, this would not be a gift. If you are simply transferring...

Can i make sales internationally with my LLC ?

You can make international sales as far as the authority of the LLC, but you should not. First, you would not be protected in the foreign country...

I hope the people who need CPR just read CPR for dummies! Or, maybe they can get expert training? Get a lawyer! Good Luck! Ron Cappuccio

Employer switched me to 1099 after being audited by the IRS

It depends on the particular facts. It can be a nice tax savings for your friend if she keeps records to get deductions. Ron Cappuccio

Which state(s) to file in?

This is not simple. First, you want to avoid California because of the high taxes and aggressive tax authorities. You may want to locate in another...

My husband had several yrs unpaid taxes from before we married. I was only one with income for the year. Can irs take refund?

If you and your husband file jointly, the IRS can take the entire refund due, even the part owed to you. Even though your can file an "Innocent...

Which legal entity offers protection against debt/legal action (S Corp, C Corp or LLC.) ?

Yes and no. There is no difference in most States between the liability protection of a Corporation or LLC. Remember, you cannot protect some...

Best Legal Entity for and Advertisement Company startup?

I am a little confused by the word 'advertisement" company. It almost sounds like a bartering company. I think a LLC would be the best choice. You...