Archived
What is the income tax for self employment? and must a profit and loss statement include income taxes on the business?
Kaye's answer
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Answered on February 12, 2019
It sounds as though this is your first year doing business. You need to get the assistance of a knowledgeable tax professional -- CPA, enrolled...
Do I need to issue 2 1099's when issuing a joint check?
Kaye's answer
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Answered on February 12, 2019
Make out the 1099 to either the subcontractor, or to his supplier, but do not issue two 1099s. If you issue the 1099 to your subcontractor, then...
Archived
How I make sure I won't pay taxes on a foreign inherited house that was recently sold ?
Kaye's answer
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Answered on February 12, 2019
You definitely need to get a tax professional involved: someone infinitely familiar with FATCA and FBAR regulations. There are special reporting...
Archived
Can I file for a stay of execution on my taxes not my garnishment ?
Kaye's answer
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Answered on February 12, 2019
This is not a tax law question. I am changing the category of your question to "Divorce & Separation" so you will get more responses.
My kids are wards of the state? Can I still claim them on my taxes
Kaye's answer
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Answered on February 12, 2019
Unclear what you mean by "wards of the state" if your children are living with you. Do you mean that you are on some kind of public assistance?...
Archived
I have a property lien, am I exempt if I am formally 100% disabled, with minimal income? I was told Homestead was automatic.
Kaye's answer
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Answered on February 12, 2019
This is not really a tax law question. I am changing the category of your question to "Real Estate" so you will get more responses.
Archived
Tax law: I haven't received my 1099 Misc yet; how do I file a 1099 if the company ceased doing business?
Kaye's answer
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Answered on February 12, 2019
Agree with the other 2 responses. You need to check your records to see how much you were paid during the first month of 2018. If the company...
Archived
What can I do to get important personal documents and business tax papers from a former employee?
Kaye's answer
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Answered on February 12, 2019
This is not a tax law question. I am changing the category of your question to "Business" so you will get more responses.
I have an open audit from the previous year, will it affect my refund this year?
Kaye's answer
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Answered on February 12, 2019
Until your audit is closed and the IRS assesses a deficiency, as they probably will, you do not owe any taxes for the prior year and your refund is...
Archived
What ways do I disclose the last 3 years of tax return having file the latest tax return ?
Kaye's answer
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Answered on February 12, 2019
This is not really a tax law question. I am changing the category of your question to "Immigration" so you will get more responses.
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