Archived
Can I take legal actions against the tax agency if they don't correct my tax papers or if IRS denies corrections?
Magda's answer
|
Answered on April 26, 2016
We do not have income tax in Florida. Hence I have to assume this is a federal return yiu are talking about. The IRS does not communicate with text...
Archived
Can sec222.25(3) be applied to claim exemption from bank account garnishment that belongs to my husband? 3 Tax refunds deposited
Magda's answer
|
Answered on April 25, 2016
The only refund which is exempt under Florida Statute 222.25(3) is for a refund arising from the earned income credit. Hence if your refund was not...
Archived
Is FBAR necessary to file for a Non-US Resident married to a US Resident?
Magda's answer
|
Answered on April 20, 2016
The following link may help you:
https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Report-of-Foreign-Bank-and-Financial-Accounts-FBAR
Archived
In florida our residential rental property was reassessed upon placing it in an llc.We kept the same owners and % they owned.
Magda's answer
|
Answered on April 20, 2016
Yes and you may even lose the homestead exemption and the save our homes cap since an LLC cannot claim exemptions.
It would have been wise to seek...
Archived
Does unemployment take precedence over child support in the event taxes are intercepted?
Magda's answer
|
Answered on April 19, 2016
Good question. You can call 800-304-3107 . They should be able to answer your question
Can I reaffirm a riding lawn mower in chapter 7 if it is technically a charge card? and will it count on the means test?
Magda's answer
|
Answered on April 19, 2016
This is something you should discuss with your attorney.
You would to look at the paperwork you signed to determine if the seller has a security...
Archived
Change adoptive daughters social security number?
Magda's answer
|
Answered on April 19, 2016
Yes. If there is a case of harassment you can have the number changed. Follow this...
Selected as the best answer
Archived
Am I going to get a penalty? How much it will be? And now which form should I use to report it Form 3520 2013 or Form 3520 2015?
Magda's answer
|
Answered on April 19, 2016
Per the IRS:
Reasonable cause.
No penalties will be imposed if the taxpayer can demonstrate that the failure to comply was due to...
Archived
What to do when an employer does't provide the right amount of your earnings on the W2?
Magda's answer
|
Answered on April 19, 2016
Since your brother knows what he earned he should report the correct amount on his tax return. He will be liable for the income tax on the earnings...
Archived
Will the IRS automatically refund the taxpayer overpayment?
Magda's answer
|
Answered on April 19, 2016
If you are entitled to a refund you will receive it. If, however, you owe prior year's taxes, have a recently accepted offer in compromise, or owe...