Can I have my 2015 federal taxes discharged in Chapter 7?

Normally, taxes have to be three years after timely filing to be dischargeable. The rules for discharge of taxes in bankruptcy is quite complex. ...

Irs audit

If you are a single-member LLC, you report your income on Schedule C and your LLC is disregarded for tax purposes unless you have made an election...

What can do ifmy spause has a tax liabilities i got married last 4/27/2018 im an allien do i need to file a joint tax next yr?

You do not need to file jointly with your spouse. You may choose to file "Married Filing Separately". However, sometimes there is an advantage to...

Mr. Buck provides some excellent insight. In addition, consider requesting from the IRS an abatement of penalties. If you record of tax...

What is my tax cost basis for selling this property ?

It would be the day your mother passed away. The tax law provides a stepped-up basis upon death.

If you mail a check on December 31, 2017 and it does not clear your bank until January 5, 2018, the payment is deemed made in 2017 so long at the...

How can I obtain a tax credit that my ex refuses to file for?

Since your daughter is his dependent and not yours, you cannot claim the credit. Also, you cannot force him through the IRS to claim the credit. ...

Can my job take 20% out my check and not pay taxes?

To assist you, you really need to provide more facts. And, you may have to get more information. Will you be getting a W-2 reflecting what is...

First, this is not a tax issue. So, I have changed the category. It appears that this was not an attempt to steal money from your mother. As, it...

Can I get out of paying taxes for money I didn't make, my dad did, in a business in my name?

There is a concept of legal ownership versus equitable ownership. It sounds like your father was the equitable owner and, accordingly, fully...