You would want to report this to the Internal Revenue Service. There is a section that specifically deals with employment taxes. If an employer...

What would the court do if an executor claims he can't make an accounting yet because he failed to file tax returns on time?

This is an interesting question. As a general rule, the executor has an affirmative duty to file any and all required tax returns on behalf of the...

How can I resolve a $70,000 IRS tax lien?

In order to complete the purchase of your home, the outstanding amount of tax would have to be paid off. This is the general rule. Depending upon...

Ex partner is obstructing the filing of LLC tax returns after settlement agreement was signed

You should definitely seek the advice of a tax attorney. If you do not have information necessary to include your share of the LLC's ordinary...

Will I be taxed if my parents who are immigrating to the US in Nov wire transfer cash to my checking account?

There are a number of issues here. First, when did your parents become green card holders? If they were green card holders prior to their coming to...

How do I get my money that my brother left me in the bank?

First, when your brother passed away, was he a Louisiana or Texas resident. If you brother was a Louisiana resident at the time of his death, did...

Can I sue my room owner for cutting my deposit and giving an implausible explanation for the same?

It is unclear from the facts. I cannot determine form the facts whether the loss was your fault or the landlords.

Can I set up an escrow account to release money to a third party as soon as I am married?

In order to properly answer this question, it is necessary to know the following: (1) whether a written agreement exists between you and the...

An interesting question. That would depend on whether the question relates to your responsibility in a divorce proceeding or whether the question...

Generally, where a return preparer commits an error on a tax return, he may be responsible for any interest and penalty on the unpaid tax. However,...