Archived
Will an irs lean stop a modification amp from going threw
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Answered on March 13, 2013
For information on IRS liens, see lienbusters.com
Archived
1099- Misc no expenses on line 21 1040
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Answered on March 13, 2013
Yes.
How to find out whether I am under accrual or cash basis on my 1120S tax return?
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Answered on March 13, 2013
See Schedule B, Line 1 which asks youto identify your accounting method. However, from time to time, the answer does not reflect the reality. So,...
Archived
If you have a cash transaction report filed on you, will you automatically get a call from the IRS?
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Answered on March 13, 2013
You should not worry. There are millions of CTRs filed. The only problem you may run into with cash is when you attempt to structure a...
Archived
Spouse owes IRS over 50K in back taxes, Florida Lawyer didn't fight to lower amount, just agreed, can we amend the agreement?
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Answered on March 13, 2013
I agree with the previous answer. In addition, the IRS can collect from you for only 10 years. However, the audit raises the question as to...
I can not get my accountant on the phone. He has not given me copies of my last 3 year returns. I don't even know if he filed
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Answered on March 13, 2013
If your accountant is a CPA, you can report him/her to the New Jersey State Board of Accountancy. I am a New Jersey CPA and tax attorney. I may...
Archived
Can the courts order a parent to amend his/her filed taxes so both parents can evenly claim a child on their individual taxes?
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Answered on March 12, 2013
Yes, courts in most states can order the spouses to file consistent with the original agreement. However, it may be easirer in the long run to...
Archived
Do I have the right to claim my daughter as a dependent and for earned income every other year?
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Answered on March 12, 2013
You may have the right under your divorce agreement. The key is do you have the right under the tax laws. If you are providing over half the...
Archived
I have received a 1099c , but why since I have been making monthly payments to a creditor via judgment against me since 2011?
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Answered on March 12, 2013
Even if the 1099C was issued properly, you will not have to pay any taxes relating to the 1099C if you were insolvent after the loan was forgiven...
Archived
Do I have to file taxes with my husband? I have been out of his home since July 2012.
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Answered on March 12, 2013
If you file on your own, whether head of household (if you qualify) or as married filing separately, you pay your own taxes. There is no splitting...
