1099 forms

If the payor is taking the position that you aren't an employee but are instead an independent contractor, then they're supposed to put your...

Generally speaking, private creditors cannot garnish income tax refunds; that is, they cannot force the IRS (or state tax agency) to turn your...

Can i get Tax deduction on mortgage interest for second home which will be a rental property?

Generally speaking you should be able to claim a deduction for the mortgage interest, either as an itemized deduction on sch. A or as a deduction...

Can I rightfully claim my child for taxes according to IRS standards although court order states otherwise?

Federal law does trump state law, but that won't stop the family court from finding you in contempt if you violate the court's order. The IRS...

Need help to Save properties from being taken due to an Audit by the state of Illinois for Sales Tax

It doesn't sound like we have all the facts. If there is significant equity in the properties, then no tax department worth it's salt is going to...

Do I need to pay a use tax on digital products my business uses, such as stock photos I purchase to use in projects for clients?

As I understand the matter under WA law, the images you're purchasing are being purchased for resale (i.e., you're incorporating them into the...

How can I find out if my mortgage company has taken over my home for delinquent mortgage and tax payments

Generally speaking, if it hasn't been foreclosed on and sold at auction, then you are still the owner. Generally speaking, mortgage lenders won't...

Avoid Dept of Revenue swiping of Tax Refund

Depending on the exact nature of the debt - e.g., is it student loan debt - it may not be dischargeable in bankruptcy. The only way to know if the...

Am I doing business with other states?

The rule isn't as broad as you state it. You don't get a waiver from state doing-business laws simply because you're engaged in interstate...

This question is for someone very familiar with the American Taxpayer Relief Act of 2013 as it pertains to tax brackets.

Generally speaking, if you used the house as your principal residence for more than a certain amount of time, then you can exclude up to $250,000...