Settlement amount

Your statement of the facts is, in my mind, is insufficient to give a definite answer-thus, what does the settlement represent lost wages age...

If you file separately, you do not need his signature on your return. This is for informational purposes only and should not be relied upon by...

How do I go about filing taxes when my husband and I aren't legally separated but living in different states and going to file?

I doubt you would want to file a joint return in view of the facts presented. Accordingly, you probably should file as married but filing...

Do I still have to file my taxes as married but filing separately?

Unfortunately, it is my belief that you will need to file as married but filing separately. This is provided only for informational purposes and...

If I intern and receive a stipend while training at a 501c3 organization, will I be taxed on my income?

Because your income is received from a tax-exempt entity does not mean your income is also tax exempt.

Is it feasible to work with a Tax lawyer out of state?

I believe the family should use a NY CPA. It will also likely be necessary to file NY state returns and a NY CPA would be more familiar with NY...

IRS Offer in Compromise. In 2013 I received a letter from the IRS saying I owed back taxes for 2 years (2009/2010).

If you wish to submit an offer in compromise, you should go to the IRS website and secure Form 656b,review the questions and answer truthfully. I...

Do I have to file taxes if I have no income?

While you may not be obligated to file a return, I agree with the other attorneys that a return should be filed so as to start the Statute of...

Tax on distribution from Subchapter S corp

There are two levels of taxation. First, the sale by the corporation must be analyzed for gain or loss which is attributable to the shareholders. ...

TAX AUD PROCEEDURE? Would you wait for the irs, go to local irs office, amend 2013 now or wait as it may get selected too?

I advise you to contact a tax attorney in Texas as soon as possible and present that attorney with all the papers received from the IRS. I suspect...