What do I need to do if the IRS sends me my payment back?

Welcome to IRS 2020. Your experience is sad, but frustratingly common. I suggest you call the Taxpayer Advocate Service and request that they...

Alimony taxable or not?

If your divorce agreement was signed in 2019 or after, the alimony is NOT taxable to the recipient.

What would be the best business structure for a candle business?

There is no "best" structure. This online forum is not a substitute for consulting with an attorney when making serious decisions about the...

Is it true that uscis cases starting with “MSC” are to be interviewed, whereas those NOT starting with MSC are not interviewed?

IF this is a tax question, I have no idea what you are referring to with your abbreviations.

Hi, i'm a real estate agent, and I was contacted by a client who was interested in purchasing a home.

Remind the purchaser that we have very good and trustworthy banks in this country.

If I dissolved formed LLC. My foreign entity LLC dissolved automatically too?

You said that you have kept your Georgia entity. However, your question never stated that you even formed a Georgia entity. If all you did was...

How do I handle paying back taxes on one household employee

First of all, have you filed the correct returns and reports? If so, and you know the amount certain, it should not be a problem to set up a short...

How can the capital gains of my wife's LLC can offset the capital losses from my LLC?

Ms. Shaffner's answer is entirely correct. This is much too complicated a situation to expect a decent short answer from a website.

Taxes

Unless the source of his income was illegal, or he committed some other illegal acts, one tax year rarely results in a criminal tax investigation.

What do you mean by accident? A car accident? Maybe. Forgetting? No. However, very few people go to jail for unpaid or unfiled taxes, but they...