Can I do small scale money transfer USA->India for friends and family?

It may appear as structuring, which violates the Bank Secrecy Act (BSA) and its currency reporting requirements. There are severe penalties for...

Should i classify my LLC as a corporation?

You should consult with a business attorney. There are a number of consequences for a business in choosing an entity classification. What...

How long can irs hold refund

If it states there is a hold, you should be receiving a letter explaining why the hold exists. Could be that you have been sent in to examination...

How to respond in a tax audit?

There aren't enough facts here to determine why you were selected for audit. Random? Underreporter? DIF score? Audit is the best stage at which to...

Can I receive compensatory damages if a so-called tax specialist employed by H & R Block failed to give me relevant information?

You might be able to recover the fees paid for the service, though that is going to be such a small amount so any drawn out legal action won't...

It is legal. This is not due to any new laws, but that you are dealing with a landlord who is trying to be overly scrupulous about documenting your...

How do I deal with a notice of intent to assess failure to file tax return when I did file it because I was due a $2 return?

If this is a state tax matter, you should just contact the state directly stating your issue and including a copy of the return you filed. Most...

What can my husband do about claiming kids on taxes?

No, this is probably not being done correctly. The best option is to retain a family attorney, go to the court where the decree was issued, and ask...

When do I need to pay capital gain tax on the foreign house sold? The year house is sold or the time money is transferred to US?

The gains tax would be due at the time of sale. Keep in mind that if you are keeping the proceeds in a foreign bank account, you may also trigger...

What type of lawyer deals with IRS fraud?

You'll need an attorney who handles whistleblower claims. The IRS does provide a reward for valid whistleblower claims over a substantial amount...