Penalties for under-reporting income vary depending on the extent by which your income is under-reported. In some cases, if income is grossly...

It sounds as though you lack confidence in your current accountant. If you lack confidence in your accountant, you need to find someone else so...

Make sure that you keep good records of the improvements that you made (receipts for contractors, materials, etc.) Wait at least 356 days after...

The plan as you stated it should be sufficient to maintain SC residency status.

Relax. IRS will not give out your Social Security # to anybody requesting it. And if you have provided the platform with your EIN, that is all...

If a potential customer or client requests your EIN, you should provide it to them. It will make them more likely to award the contract to you.

There are always pros and cons to extending the SOL. You need to sit down with an attorney and discuss the specifics of your situation and decide...

Income is income, regardless of the source. You will still have to pay taxes on your income whether you are retired on disability or some other way.

I'm assuming that this is a debt that you actually owe. Don't pay any money until you are certain that the firm collecting is a legitimate...

If you had reviewed your pay stub every period, you would have discovered their mistake before year-end. They would probably have been more...