Can we file a tax settlement with the IRS before filing past due tax returns?

IRS is correct. You would file the past returns first. If you are hiring a tax attorney or other professional, they should help get the past...

I don't know if I need to have an FEIN # or just a state tax ID#.

You should get a FEIN (also called EIN) for the LLC. Its easy to do online, it only takes a few minutes....

Can I list that $9000 rent for the empty house as deductibles on my tax return?

Unfortunately, a house rental expense in this situation would not be deductible.

EIC letter from IRS, legit? or unscrupulous IRS tactic?

The IRS has more information you should go over on its web site. Verify that the letter matches with what the IRS routinely sends and follow the...

If our LLC makes a profit but chooses not to do a distribution to shareholders, are shareholders still on the hook for taxes?

They might be liable for tax on phantom income, it depends on your entity classification election. Multi-member LLCs can elect taxation as a...

Who is responsible for paying this tax and if i am how can I be except from this tax? Thank you

Under FIRPTA, the buyer is responsible for withholding a certain amount of tax unless an exemption to the FIRPTA rules applies. A buyer who...

You need to report the entire amount of the inheritance on Form 3520, both financial assets (cash) and real property (house). There are additional...

It is probably worth your time to contact tax or consumer protection attorneys in Missouri. The issue is that even though you successfully fought...

What can I do about my employer giving away my W-2 information?

Unfortunately, if you haven't been specifically damaged by this, there is not a lot you can do (by damaged, I mean lost money or were a fraud...

Can I transfer money from US to India?

There are no restrictions on transfers. As an Indian citizen who was in the US as an H1B, you should speak with a tax professional to determine...