I have not filed income taxes in 8 years, what should i do?

Failing to file federal income tax returns over a number of years can be a crime. You should engage a federal tax attorney to assist you in getting...

Business Tax

Starting a new business has its costs. For example, you spent money setting up the corporation and preparing your product line. These expenditures...

Selling off shares of business

There are different ways to accomplish this, with different tax results. The first way is for him to purchase your stock from you. You can sell...

If you are legally srperated are you still considered married and can yoy still file taxes jointly

If you are separated, you can file "married filing separate" or you can file "married filing joint." In most cases it is not a good idea to file a...

DO I NEED A LAWYER MY AUDIT DAY IS DEC. 17 PM

If you filed a substantially correct tax return, you should be able to deal with the audit by yourself (assuming you prepared the return yourself)....

Helping your relative hide money from the IRS is not a good idea, and may constitute a crime. Your relative should hire a qualified tax attorney to...

Heirs rights to IRS lien property when home was already sold at Tax Deed Sale with no redemption by owners or heirs for home

I would have your attorney contact the IRS Lien unit in Jacksonville.

When to deduct major home repair expense

First off, we need to know if the home you are speaking about is your primary residence or a rental home. If it is your primary residence, you...

TRUST FUND RECOVERY PENALTY

Yes. There are lots of options for dealing with the Internal Revenue Service. Which way to go depends on your particular facts and circumstances. I...

Genreal

Exempt organizations receive special treatment under our laws, and the rules are complicated. For example, a church is not taxed on its church...