Is there a statute of limitations for reinvesting proceeds from the sale of a private residence before tax issues arise ?

Like kind exchange doesn't apply to personal use assets and most likely you didn't follow the rules. You may be able to exclude some or all of the...

Most likely the audit case is closed, not the collection case. You need to get your account transcript for the year in question and make sure your...

If I received a W-2 from a company am I an employee of that company?

If you received W-2s from both companies then you were on the payroll of both companies. this is odd because normally related companies do one...

What value would be used for estate tax purposes for inherited property that was inherited to begin with?

Mother's basis starting point is the FMV at grandmother's death and son's starting basis is FMV at mother's death.

My ex has a wage garnishment for a old account and now has a child support garnishment. Will they take both from wages?

Wages can only be garnished by one party at a time.

Will a taxes payment plan hurt my credit?

Payment plans don't get reported to the credit bureaus. When a lien gets filed it is public record and the credit bureaus pick it up. You...

How do I go about asking for a dismissal of taxes owed if it is our first time & it is less than 5000. from the IRS?

They don't dismiss taxes. It may be possible to get late payment penalties abated but you don't want to do that until you are at the end of the...

If he owes back taxes then the bank levy will go toward back taxes. His tax refunds will go toward back taxes.

An LLC is not a corporation so corporate formalities don't apply. That's why LLCs were created, to simplify the business administration. I don't...

If I worked 3 months 11 dollars n hour I was wondering how much would I get back next year

Do your tax return now and find out. Noi way to know until you complete the return.