Questions answered by Charles Zagara

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Do I pay income tax from the sale of my mother's house in AZ?

Charles's answer | Answered on January 17, 2019

Once you and your brother inherit the home your basis will be its current value. If you sell it right away then there shouldn't be any gain to be...

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Am I entitled to some of my husbands tax return?

Charles's answer | Answered on January 17, 2019

If you are filing joint tax returns you are entitled to an undivided one half interest in the tax refund. Otherwise you are not.

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I have a federal tax debt that I incurred from 2008 with my ex-spouse who has since die. When will that debt fall off the books?

Charles's answer | Answered on January 17, 2019

The debt stays active for 10 years from the assessment date. If you have taken any action to prevent the IRS from collecting the debt, the time...

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If separated how to file taxes?

Charles's answer | Answered on January 17, 2019

More information is need to determine possible and best filing status. You can file married filing separate and protect your refund from your...

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I believe the new tax law overstates my Gross Income by $2000. Do you agree?

Charles's answer | Answered on January 17, 2019

If you are an employee then your W-2 should not include the airport fee since that is not earned income to you. If you are an independent...

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As a sole proprietor LLC, does it matter if "LLC" is at the end of my business name when filing with the IRS?

Charles's answer | Answered on January 17, 2019

Well it looks like you answered one of the question on the EIN application incorrectly. The IRS will go by your EIN so the names mismatch shouldn't...

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Is a settlement during payout taxable to the recipient?

Charles's answer | Answered on January 17, 2019

This is really a question for your taxpayer. Answers are not simple and depend on a variety of considerations that your tax preparer can walk you...

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Paying taxes in california?

Charles's answer | Answered on January 17, 2019

This is a link to the chart with the filing threshholds for the various filing statuses. For example if you are head of household with one child...

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Can I be held liable for an erroneously calculated Notice of Deficiency if I don't file a petition to the U.S. Tax Court?

Charles's answer | Answered on January 16, 2019

Once the IRS opens back up, you can call the number on the notice and straighten it out. You may have to fax them your first notice showing the...

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My father had a stroke last year, had to stop working, but he hasn't submitted W-2s to his employees for 2018. What to do?

Charles's answer | Answered on January 16, 2019

Sorry for this tragic event that you now are dealing with. somewhere he should have payroll records that you create the W-2

Charles Zagara's Answers (4468)

Do I pay income tax from the sale of my mother's house in AZ?

Am I entitled to some of my husbands tax return?

I have a federal tax debt that I incurred from 2008 with my ex-spouse who has since die. When will that debt fall off the books?

If separated how to file taxes?

I believe the new tax law overstates my Gross Income by $2000. Do you agree?

As a sole proprietor LLC, does it matter if "LLC" is at the end of my business name when filing with the IRS?

Is a settlement during payout taxable to the recipient?

Paying taxes in california?

Can I be held liable for an erroneously calculated Notice of Deficiency if I don't file a petition to the U.S. Tax Court?

My father had a stroke last year, had to stop working, but he hasn't submitted W-2s to his employees for 2018. What to do?