What happens to unpaid payroll taxes if I sell my shares of an S-Corp?

You need to contactually determine, as between you and the buyer, who will be liable for the taxes. Will they assume the liability? Will they...

If once in a life time gift allowance of $ 5 million changes to one million next year, what would be total gifts aloowed?

Above and beyond the $5 million, you can give $13,000 per donee per year. This exclusion is likely to continue. So, if you are married and have...

Is there lawyers here knowledgeable with NON-resident taxes

I can likely assist you. If not, I have several people to whom I can refer you too. Marty

Married living and working in 2 different states.

When you start your residene in Florida, you are a Florida resident and generally not taxable in Virginia. However, non-resident state (i.e....

Unemployed 160 days called layed of co for 401k 7000 co was sold got money after taxes got 4200. now state of md sueing me.

You need to be more specific and tell us why Maryland is suing you.

My employer does not withhold any taxes from my pay and does not file tax papers at end of year what do I do?

It is likely your employer is breaking the law in this regard. From your perspective, you should report the income. You should see a CPA. If,...

My present husband is in fbop for tax evasion and he was married to another woman at the time irs placed a lien on the property,

You can purchase the house at auction. As with any other auctions, the back property taxes should be paid out of the sales proceeds. The IRS...

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IRS Taxes W-9 Form and New Insurance Policy

It is legal and it is necessary for the insurance company to secure the information from you. In terms of identify theft, you can provide some...

Newly married, How to file tax return for 2012.

The previous attorney is correct regarding your options. Married Filing Joint or Married Filing Separately. You cannot file as Head of Household....

I believe you are talking about a section 1031 transaction. Such transactions are exchanges and not reinvestments. So, if you sell one property...