Archived
Thanks for reading . I'm being audited for two years in row working with tax add. But IRS is not excepting my receipts
Ronald's answer
|
Answered on February 12, 2013
Absolutely! A Tax lawyer can help fight the IRS in the audit. Many times returns are incomplete or items missclassified. It sounds like you have an...
Archived
Can my husband's employer change his state tax status without his permission?
Ronald's answer
|
Answered on February 11, 2013
You need to pay the tax. Frankly, that is why you should always look at your pay stub. I know it is a bitter pill to swallow, but pay the tax....
Archived
Do i need to declare foreign inherited assets?
Ronald's answer
|
Answered on February 11, 2013
The money you inherited is not taxable in the US. If you have foreign accounts you need to report this on your tax return and file a FBAR. Please...
Archived
How do LLC help in Estate planning
Ronald's answer
|
Answered on February 11, 2013
Remember, all assets owned by the decedent are includable in the estate for tax purposes. Therefore, the value of the LLC Membership Interests is...
Archived
MY PROPERT TAXES FOR MY MARGATE HOME IN 100 N BLOCK ARE 4456.76 SHOULD I APPEAL
Ronald's answer
|
Answered on February 10, 2013
The question in New Jersey is not the AMOUNT of the taxes but the ASSESSED value. You need the assessed value. This is multiplied by the County Tax...
Archived
Back taxes owed,
Ronald's answer
|
Answered on February 10, 2013
Yes, the IRS will keep any refunds for your past due taxes even if you have an installment agreement.
Good Luck!
Ron Cappuccio
www.TaxEsq.com
Archived
IRS not reporting $19,000 payment. What discource?
Ronald's answer
|
Answered on February 10, 2013
You were assessed as a "responsible person" and your assessment is separate from the corporation's assessment. You should hire a tax lawyer to file...
Archived
My question is this, i recently filed taxes, two w-2s were excluded equaling about 9,000. i got back 500 from federal and 100
Ronald's answer
|
Answered on February 09, 2013
You are not going to jail!!!!! Just go to your tax preparer and have an amended tax return filed right away.
Relax!
Ron Cappuccio
Archived
Could I lose my 501(c)(3) status because I had an event for a political candidate in my building?
Ronald's answer
|
Answered on February 09, 2013
Your description does not show endorsement of a candidate or political cause. Nevertheless, the facts may be different than you have summarized....
Archived
Are taxes forgiven for Deed in Lieu of Foreclosure, the same as they are for foreclosure, per the mortgage forgiveness act?
Ronald's answer
|
Answered on February 09, 2013
A deed in lieu of foreclosure creates cancellation of indebtedness income. It is treated exactly the same as a mortgage foreclosure. Depending upon...
Selected as the best answer