Would The Department of Revenue Services consider waiving penalty and fees be waived on a tax bill?

I confess to not being familiar with Connecticut's Laws, but I cannot understand how a 2k bill can balloon to 7100k in 13 years. I suggest you...

I have a divorce case with extreme litigation. I am now filing past 3 years taxes and my estranged spouse refuses to sign

It is my belief that you cannot force her to file jointly. Federal law determines your right to file jointly or separately, and I believe she has...

If a past employer from last year, paid final paycheck in March of this year, what year taxes does this fall on?

It is my belief that the wages paid in March, 2015 are taxable to you in 2015 and the W2 you receive in 2916 should reflect as 2015 wages the...

I own 50% of corporation siince I left due to disability. I get no info on company and I am need corp tax form for 2013 + w2

This is a case which I believe you need a local attorney knowledgeable on tax and corporate law. The attorney will need to look at the corporate...

We sub out product assembly to an out of state person, so do we collect sales tax from our state, his, or both?

I believe you have enough of a legal nexus to Illinois to be obligated to collect sales taxes from the Illinois customers. This is for...

I have old taxes that have 3.5 years left on the collection statute. I was in non collectible status but recently was removed.

I believe you will have difficulty in stretching your payments to72 months, I recommend that you employ a local tax attorney to analyze your...

To secure 501(c)(3) status, you must apply to the IRS for such-my recollection is you do so on Form 1023. I recommend you employ a local tax...

Can someone buy private equity shares for a company on my behalf? If so, what are the tax implications?

I am not sure I understand your problem. You do not have to be an accredited investor to buy stock. You would avoid a number of issues by buying...

When renting home below market value to family member will they have to claim difference in rent as income

I believe the IRS will treat this as a gift by you to the family member and doubt the IRS will seek to impute taxable income to the family member. ...

Renting home to family member below fair market value what is effect on depreciation as an expense

I believe this could result in a denial of depreciation and your other expenses. Moreover, you are, in essence, making a gift to a family member. ...