If I am paying taxes as an independent contractor but, the IRS guidelines classify me as an employee what happens then?

Since you and the company work for have agreed that you are treated as an independent contractor, why do not you file a schedule C with your...

Tax question.

The per diem is taxable income in the employee business expenses are deductible subject to the 2% floor for 2015. Please note the law has changed...

Taxes jointly or seperately

You certainly have an interesting matter that I have never come across my 40 years of practice! I believe you could make an argument that you...

Can a legal separation date be back dated

Sorry, as long as you are legally married as of December 31, 2017 you are considered married for federal tax purposes. That means you can file...

Should I declare federal tax?

Though you are not a US resident or US citizen, you have set up a US business by forming an LLC in the US. You may be liable for US income tax...

What is my tax filing status after being physically and financially separated from my husband for 4 years?

Since you are still married on December 31, 2017, you are considered "married" for the 2017 tax year. You have a choice of filing either married...

Can my wife avoid having her tax return taken if we file jointly and I owe back taxes?

If you and your new wife file jointly, the IRS can take the entire refund due, even the part owed to her. Even though your current wife can file an...

Can IRA cease my inherited IRA if I owe tax to IRS?

No, the IRS can not seize the IRA, although they will try and force you to turn it over. Please talk to a tax attorney experienced in IRS...

For liability and tax purposes, it would be much easier if you were the sole member and filed a Schedule C on your 1040. There is no reason to...

Even though you are a police officer and security guard, self-defense classes are more like a sport rather than a requirement for either job. I do...