What happens to the person who knowingly did Tax Fraud for about 10 years?
The only response is to "what could happen." This could be considered a criminal series of acts. But whether the IRS or Justice Department will...
Atlanta, GA
Tax Lawyer at Atlanta, GA
Practice Areas: Tax, Business, Estate Planning
The only response is to "what could happen." This could be considered a criminal series of acts. But whether the IRS or Justice Department will...
Unfortunately, you may not hear from the IRS for a long time. This is not a priority, and they are severely understaffed.
I would not worry about this until your client finds out exactly what the penalty is. The sooner they pay the tax after receiving the bill, the...
This should not pose a problem. I have seen other organizations do it.
It is a violation of the Internal Revenue Code to submit a false information return (if that is what your partner is doing by imputing all of the...
I assume you did not receive your green return receipt card. I have no faith in the Postal Inspector, but you may want to place a credit freeze on...
Excellent question. Due to the likely amount of money involved, and the technical nature of this area (even though there is a chance the estate...
The key is that YOU will have lived in the house for more than two years.
You can do this, but it is usually recommended to put different businesses into separate corporations or limited liability companies. You will...
In order to get anywhere in your situation, you will have to file your own tax returns for the years in question. Otherwise, the IRS assumes you...