How can you withdraw investment from rental LLC? do you pay tax on investment withdrawal?

It depends on a number of factors. First, is the LLC a sole prop, partnership, corporation, or S-corp? Therefore, you will need to consult a...

What is correct order of filing past fbars and info returns assuming there are no past tax liabilities for tax returns filed?

Take this as generalized advice to give you a starting point for a discussion with a tax professional. It would be prudent in your case to consult...

Whistleblower issues for the IRS. If a company discovers the fraud of another company can the company file form 211?

No. Only an individual who is a natural person can claim a whistleblower award. All persons claiming the award must sign the form. The award can...

You may wish to invest in a consultations to determine your options. See generally publication 544. Gifts If you make a gift of depreciable...

Hello,It's been 2 years I started a SS-8 dispute, now the IRS says my case may expire. How much time do they need to evaluate?

There may be other factors involved in you personal situation. Have you consulted with a tax attorney about your rights and how to exercise them? ...

How can I appeal an irs decision when my tax preparer is not cooperating with me? In the first place he is the one who messed up

See your notice for your appeal deadline and see tax topic 151. Please act quickly and seek a consult. Topic 151 - Your Appeal Rights The IRS...

Can my future wife and I claim to be living apart for IRS tax purposes?

See the test for "considered unmarried." See publication 501: reprinted in part: Head of Household You may be able to file as head of...

My income tax check was put in the wrong account and now the bank refuse to give me my money

File Form 3911. Refund Inquiries Question: What should I do if I’ve entered an incorrect routing or account number? Answer: The IRS assumes...

What constitutes an Limited Liability Company doing business in Florida?

What type of "regular transactions?" And what leads you to believe that these "regular transactions" are not doing business in Florida? In what...

Do you have to pay taxes on a personal loan first before you get the actual money?

Florida has a documentary stamp tax, but this procedure sounds unusual. I would have assumed that they document taxes and other taxes would be...