If I receive an IRS Audit notice, if I satisfy it, do they in turn notify my state and local gov?

Normally, the IRS will notify your state of audit adjustments. However, the system for doing so has been sporadically successful for the states at...

How can I minimize tax exposure for our family?

It is certainly ok to structure your business affairs to take advantage of the tax laws of our nation. However, the structure needs to reflect the...

My daughter's biological father's recent ex girlfriend who actually lived with him for a year (in 2012) contacted me last night

You can report him to the IRS, form 211, anonymously. If they collect tax from him, you may get a reward. But, reporting him will not likely help...

Paid under the table and non tax filing?

Yes, he could go to prison. However, that is highly unlikely. Less than 1,000 people go to jail due to tax fraud in any given year. Much will...

Settelments

Generally, most settlements are taxable. However, settlements for physical personal injuries are not taxable. There are also some other...

Which US TAXES forms to fill out to donate my share of a real estate property to my partner?? Would I have to pay US taxes ?

By April 15th of the year following the year of donation, you need to complete a U.S. Gift Tax Return, form 709. Likely, you will pay no tax as...

Can someone bring parents money from another country that has already being taxed in that country? Will it be taxed again?

There is no tax on brining in money into the country which was a gift. However, your friend may need to file a form 3520 to report the gift. ...

Can an employer deduct money from my commission to off set the employment tax he has to pay on the commission

Your employer is required to withhold from your pay 7.65% for social security/medicare taxes. However, your employer needs to pay his employer...

You have indicated that this is not a sale. So, there is no gain or loss on the sale. So, may we assume this is a gift? If so, there may be...

Can I hire my husband as an employee?

I agree with Mr. Walker's answer. Also note that the audit rate on a sole proprietorship is MUCH higher than the audit rate on a partnership...