My companydid not take federal taxes out even though they had me file a w4 and are with holding all other taxes. Am I liable?
Kaye's answer
|
Answered on March 24, 2023
Talk to your payroll department about adjusting your withholding --- you may need to file a new W-4. You are responsible for paying your income...
IRS interests on delinquent tax return?
Kaye's answer
|
Answered on March 23, 2023
You don't need to worry about "not cashing" your refund check. Assuming that your 2020 return gets processed BEFORE the 2021 income tax return is...
Can I Sue H&R Block?
Kaye's answer
|
Answered on March 23, 2023
YOU and only YOU are responsible for presenting all of your tax documents to your income tax preparer. Places like Block prepare hundreds of...
Am I responsible for irs tax debt that’s only in my husbands name during a divorce
Kaye's answer
|
Answered on March 23, 2023
You had the good sense to file separately. Good for you! IRS will only come after your husband for the tax debt. Find a GOOD divorce attorney...
If I sign form 8332 can both my ex and I still claim our child as a dependent for parts of the same tax year?
Kaye's answer
|
Answered on March 22, 2023
You cannot split up the year as your Ex is suggesting. That is not allowed under the tax code.
I started my IT consulting LLC in 2022 and had contractors, whom I withheld taxes.
Kaye's answer
|
Answered on March 22, 2023
If you improperly withheld taxes from your independent contractors, it will reduce their tax bill ---- any extra will be returned to them in the...
Does rental property in a trust receive stepped up basis when the grantor passes?
Kaye's answer
|
Answered on March 22, 2023
You need to find a tax professional --- either an attorney or a 1041 specialist CPA --- with experience in preparing 1041's. A 1041 is not like a...
How to transfer LLC membership interest to a revocable trust?
Kaye's answer
|
Answered on March 22, 2023
Unless you are an attorney, you should not be providing legal advice to another person, even your uncle. The "unauthorized practice of law" is...
Is it permissible to put my secondary residence into an LLC and then rent it only to myself when used?
Kaye's answer
|
Answered on March 20, 2023
If you are looking for ways to save $ on taxes, consult a CPA. Expect to pay for the consultation. This scheme does not sounds like it will...
New immigrant parent tax: Dependent or on their own for benefits later?
Kaye's answer
|
Answered on March 19, 2023
She needs to sit down with a financial planning professional and have him/her "crunch" the numbers.
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained