Can an employer be penalized for paying staff under the table?

It is not illegal to pay in cash. It is illegal to not report your payroll correctly on your payroll reports to the government and timely remit the...

Home sale from Father to Son?

You should consult with a local real estate or probate lawyer. If both your father in law and husband are on the deed then the will or trust will...

Sale of equities at loss (held more than 1 year), what types of income can it offset?

You are correct. Note: The maximum loss in 2018 is $3,000 but only $1,500 for married filing separate.

Transactions after the company is closed

Close the company now, file final returns for 2018. You may have to forfeit any expenses you have in 2019 or you may be able to take them on your...

Will i be taxed on the proceeds from having a 2nd trust deed paid off?

There should have been tax exposure the last several years. Yes, it is quite possible depending on how the deal was structured and executed

What can the company do to me legally?

this is a criminal matter since it sounds like you stole money from your employer. Forgetting to make deposit is one thing. Missing deposit funds...

I don't know what you mean when you state you faxed a response to U.S. Tax Court. Were you named as a party in a Tax Court filing. There are rules...

Can a grandparent claim a child for taxes if they don’t have custody?

The IRS doesn't care much about state court custody orders. One of the requirements is providing more than half the dependents support. If...

Tax attorney question employer employee labor related confusion?

If you are misclassified, there is a form SS-8 that you can file with the IRS and they will investigate.

Someone used my address as their business address when registering their business with Texas Resale Tax division ?

There is no such thing as the Texas Resale Tax Division. It appears there has been identity theft. You will need to work with the Comptroller's...