Will my husband have to pay half of property tax on house until we sale it.

Moving to divorce and separation category.

My accountant didn't report income I earned from working for an overseas company on the 2017 tax return. What can happen now?

20% penalty is for substantial underpayment. The tax due to the under reporting has to be at least $5,000. Filing an amended return (which is what...

What are the rules when it comes to the non custodial parent trying to claim the child on their income tax return?

Tax filing deadline has passed. Have you both filed extensions? What kind of tax benefit do you receive by declaring the child on your return? In...

You should obtain a copy of the K-1 from the LLC managing member or from the IRS. If the LLC has a profit, you are responsible for reporting your...

We bought a home for $163k in June of 2017. Selling for $157k about a year later. Will I have to pay capital gains taxes?

You are selling it for less than you paid for it. So there is no gain.

How can I get back salary for last year?

This is not a tax question. Quite frankly, I don't who what kind of attorney you need. I would start with employment lawyers.

We bought a home for $163k in June of 2017. Selling for $157k about a year later. Will I have to pay capital gains taxes?

You are selling it for less than you paid for it. So there is no gain.

Why did the IRS tell me that my case was closed?

When you get audited the IRS sends you a notice of proposed changes. You have 30 days to respond. After that the changes become final and you have...

My cpa has does my taxes for 10 years and now he has refused to give me my paperwork back and hadn’t filed my taxes what can I ?

after working with him for 10 years, I would call him or drop in and see what the problems is. There must a be a reason and things can usually be...

You can use form 8822-B this link explains the process. https://www.irs.gov/taxtopics/tc157