Archived
I have not filed my taxes in 10 yrs. should I file an extension for 2008 before dealing with the other years?
Robert's answer
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Answered on April 27, 2009
Failing to file your federal tax returns for a number of years can be a crime. You need to engage a reputable tax attorney to assist you as soon as...
Archived
Where do you start when you haven't filed Income taxes in several years?
Robert's answer
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Answered on April 27, 2009
Failing to file federal income tax returns for several years can be a crime. Your friend needs to engage a tax attorney to help him. The IRS has a...
Archived
How do I fill out Employer Quarterly Tax form 941 if I don't have any employees anymore?
Robert's answer
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Answered on April 27, 2009
You file and report the wages paid to yourself as the only employee. If you did not have any wages paid to you during the quarter, you can file a...
Archived
Based in VA, looking for a tax attorney who can help streamline our investments so our tax liability goes down a bit
Robert's answer
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Answered on April 27, 2009
Virginia is a high tax jurisdiction. When you combine federal, state and local taxes, if memory serves me correctly, Virginia is in the top 20 of...
Archived
The CEO of a non profit org that I am a member of insists that the org purchase products from a company the spouse works for
Robert's answer
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Answered on March 24, 2009
It all depends on the detailed facts and circumstances. Generally, it is unlawful for anyone to use a charity for pecuniary gain. Purchasing...
Archived
Can I get $8000 first time buyer house credit prior to buying the house?
Robert's answer
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Answered on March 24, 2009
Unfortunately, that is not the way it works. You must purchase the home during the tax year, and then you can claim the credit on your tax return...
Archived
Florida transfer of title
Robert's answer
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Answered on March 24, 2009
Your question seems straight forward, but in fact is much more complicated, especially in Florida. Your in-law needs to see a tax lawyer and put...
Archived
What can I do about a large amount of taxes due on disability income?
Robert's answer
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Answered on March 24, 2009
Most disability income is not taxable, but some are. The best thing to do is find a local tax accountant who can confirm to you whether or not the...
Archived
When changing from Corporation back to Sole Proprietorship, are certain liabilities still responsibilty of new Sole Proprietor?
Robert's answer
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Answered on March 05, 2009
First off your potential conversion of the business from an S corporation to a sole proprietorship can be a taxable transaction. As far as the...
Archived
IRS MEETING
Robert's answer
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Answered on March 05, 2009
Sorry for the late reply. Your question has more practical implications than legal implications. Why are you being summoned? This usually means you...
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