I owe 15k in income taxes for my llc. the llc is no longer in business. can i file for bankruptcy?

Bankruptcy may be an option, but there may be easier ways to resolve your debt directly with the IRS. You should consult an attorney, CPA, or...

I have a friend who's account is frozen. He owes the IRS money and has been making 800.00 a month payments.

Your friend should hire a tax attorney. An attorney can get in touch with the IRS on his behalf and try to get to the bottom of this situation. ...

Is it possible for an individual (Who does NOT operate as a business entity) to issue a 1099 to a person?

I agree with Attorney Shultz; you can issue a 1099 but you should have them fill out a W-9 first. Best, Andrew B. Gordon www.ILTaxAttorney.com

Dear, My classmate and I hope to start our business this summer. We want to learn more about tax.

As suggested, you should consult with a business attorney to help you determine the most advantageous entity to form. Some forms of entities are...

Do I need a tax attorney? IRS Audit indicates huge back taxes resulting from debt forgiveness on short-sale.

You should really hire a competent tax attorney who is experienced in audits and appeals. Often accountants are ill equipped to handle tax...

Tax dues and lein on property

You should retain a tax attorney in CA who can assist you with CA tax matters. Best of luck!

What should I do? I received a letter from the IRS stating that I owe them 31k in taxes. I havent slept since.

First of all, get some sleep! Although this is a serious matter, it is one that can likely be resolved. Retain a tax attorney who can get in...

How do I stop IRS tax garnishment from my paycheck?

Before you can enter into an arrangement with the IRS to stop the garnishment, you will need to file your back taxes. You should consult a tax...

How can I avoid wage garnishment for back taxes and judgments due to divorce when I find a job?

As Mr. Lively mentioned the way to avoid garnishment is to enter into an agreement with the IRS. It is best to retain counsel such as a tax...

The other attorneys did an excellent job answering your question regarding status reports. I am assuming you have a case scheduled for this...