How to pay taxes after working as self employed?

You should speak with an accountant or CPA to get your records straightened up and returns properly prepared. That being said, you don't register...

Do I need to pay this retro auto tax and what are the ramifications if I don't?

Before you do anything else, you need to send this agency a letter demanding that they "validate the debt". Under the Fair Debt Collection...

Is it legal to have 2 weeks of labor hours in a one week pay period on check? does that affect my tax deductions from check?

The only way to get a certain answer is to consult with an accountant who can double-check to see if the withholding was done properly.

How do I pay Income Tax?

As a very general matter, your taxes must be paid whether anything was withheld from your pay or not. That means that you will have to pay the...

My parent's house is selling and I'm getting 10,000 dollars, do I need to pay taxes on that money?

You need to consult with a good accountant or CPA in your area and familiarize him or her with the situation. As a general matter, there is...

Does an 87 year old woman (widow) who is selling her home of 50 years have to pay capital gains tax if not buying another home?

She should be able to exclude all of her gain from her taxable income for federal income tax purposes. Depending on how the state she lives in...

IRS question

If your name is on the deed, then the federal tax lien (or the relevant state tax lien) has already attached to the house. If, for some reason, no...

I was granted IRS equitable relief for tax debt , divorce decree ordered ex to pay, can my husband still sue me for damages?

First, since the division of liability for the tax debt was made by the divorce court, it seems that he would have to go through the same court and...

Selected as the best answer

My husband died a few weeks ago. We owe the IRS back taxes, can they take the life insurance money?

So long as you continue to make the payments under the installment agreement the IRS will not come after you for the life insurance money - that is...

You need to consult with your own attorney, at least briefly, to make sure you understand what's going on and what your options are. In...