If you are a single individual does it make more sense to go to H&R Block to assist with income taxes or a smaller company?

First, it really depends on how complicated your taxes are. if you are single and are self-employed then you absolutely need help with your tax...

Does a tax lien affect joining union at UPS?

A tax lien will not affect your joining a union. You should be aware, however, that the IRS may levy your wages. You should talk with a tax...

I was first deemed non-collectible by IRS, then they put a tax lien on me. How can I resolve this. it is for about $20,000. Also

The actual status is "not CURRENTLY collectible." That means the IRS will review this every 2 or 3 years until the 10 year statute of limitations...

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Non resident alien married us citizen filing federal tax jointly?

If you want to file jointly, you will use a 1040. You should really consider just having your spouse file as "married filing separately." Since you...

No, of course not! It would be great if taxes paid to the IRS were deductible! Sorry, Ron Cappuccio www,TaxEsq.com

We need to figure out which acquisition value should be used in determining capital gain for our 2012 income taxes.

The gain is on the basis in the property. In this case, the initial purchase price plus any adjustments to basis. I hope this helps! Ron...

If you have a 1099 with nonemployee compensation, how is a single individual supposed to file it?

You file your 1040 with a Schedule C or C-EZ. This gives you a great opportunity to take business deductions, Examples are cell phone, cable,...

I am selling my shares of my business to my partner. What are my steps to do this?

You should get a good tax and business lawyer to prepare an Agreement of Sale. This would include the purchase price, terms and a release. You...

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Do I owe taxes?

You need to hire a tax and real estate attorney in the state where the property was located. In most states there is a statute of limitations which...

Yes, whether it is a quitclaim deed or a warranty deed, the sale of the property is a taxable event. Nevertheless, if the property were received...