Married and starting a new job....W4 advice needed

Often Single 0 will do it. But, after your first paycheck, you should run a tax projection and see if your withholding is sufficient or...

Unless an election is made to the contrary, a single member LLC is a disregarded entity. Thus, if an individual is the sole owner, the income of...

Is human error covered as business expense in income tax return?

I agree with prior attorney. And, I am also a CPA who prepares tax returns. The expense appears to be a legitimate business expense. However,...

Cost basis on house on father's death four years ago was $326,000. Sold on 5/8 for $115,000. Do we pay taxes on that?

Go to a good CPA and have them prepare a tax return. From the small amount of information you have provided, I am assuming that estate of your...

Ex-employee immigrant worked under table blackmailing me.

You should definitely retain an attorney. You have already revealed too much online. Just seek counsel! Good luck. Marty

Is there a way to reduce tax for the gain when I sell the house that is transferred from my x-husband?

You should definitely consult with a tax attorney or CPA. You can structure your divorce to purchase your husband's half of the house and,...

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My daughter turned 18 03/03/2011 child support from her father ended he took her as an excemption on his taxes for 2011

I agree with the previous attorney's answer. You may also need to paper file your return as the IRS will likely reject an e-filed return claiming...

The IRS has not refunded three years of taxes. I am recieve notices that they are going to have wages withheld.

The IRS has two separate part, collections and examinations. Collections wants you to pay the $10,000. While you deal with the examinations side...

Tax Lien

No, they cannot at this point put a ien on your home. However, is the home titled in your name today? You did not provide any information on the...

Are you U.S. Citizens? If so, you may need to file based upon your worldwide income. See IRS publication 501 (see link) for when you need to file...