Is there such a thing as a financial hardship waiver for the IRS owed tax money?

The Internal Revenue Service has two approaches when a taxpayer cannot make the payment. The first is an installment agreement. This installment...

I worked last year only part time my husband is the main bread winner he told me that i can not have any tax moneys we got back

First, you can file married filing separately, rather than jointly. You wold be entitled to your refund and your husband would get his. Secondly,...

Can taxes owed be "negotiated down" via the IRS? Should I hire an attorney or a CPA?

You need a tax lawyer to negotiate the debt. Lawyers, by training and personality, are usually much better and more comfortable at negotiating with...

I cashed in about 300k in stocks and bought a house and payed no taxes on the money which im assuming will be about 100k

No. If you file your tax return with a balance owing, it will automatically terminate the IRS Installment Agreement. Please have your CPA prepare...

You need a lawyer right away! These type of matters are known as "business divorces" and can be quite costly. If you walk away, are you going to...

The smart thing to do is to hire a good tax and business attorney to set-up the LLC. You did not describe the renal property. My advice as to the...

S-Corp vs LLC taxed as S-Corp?

First, Limited Liability Companies and Corporations are two different types of entities. A corporation that meets certain qualifications can make...

IMMEDIATELY talk to a good divorce/family lawyer. You need legal representation NOW! Ron Cappuccio

Can a foreign national be a part owner in a NY C Corp without a social security number or ITIN ?

Yes. The owner of a C corporation is actually not listed on the 1120 unless they have more than 20% equity. If you see...

I was given a check/loan for $15,000. I owe the IRS approx. $25,000 which is currently in non collection status.

Please talk to a tax lawyer right away! You need real advice - more than you can get online. Really! Ron Cappuccio www.TaxEsq.com