Tax question...

Yes you can be an employee and IC of the same business. The real issue is your janatorial services actually those of an IC. Do you use your own...

When you file your tax return, you attach the W-7 and the supporting documents to the tax return. The IRS will issue her an ITIN and process the...

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How do I deduct expenses on the house that will be a rental house that I have not received any rental income yet?

It is my understanding that the $35,000 will need to be capitalized and depreciated. You can use component depreciation and deduct the costs...

American Expat Failed to Fill Overseas Foreign Income Tax Exclusion

You can file amended returns for the open years. There is a statute of limitations of 3 years for claiming refunds As the another answer said, you...

H&R block is a big company. They have contracts and remedies. H&R Block has accuracy guarantees, don't they. Can you spend Tens of thousands of...

Could i sue my tax preparer for falsely filing dissolution of a corporation ?

There must be additional facts. Can you sue your tax preparer? Sure you can. Should you? I would need to know the whole story and see the evidence...

They will request he file a return for those years. The IRS has suspended their Substitute for Return Program so they will not be calculating his...

Investing sweat equity from LLC-1 (100%owned) into another LLC-2 (5%onwership) vs individual/private ?

There are so many variables and factors that go into this answer that it cannot be answered on this forum. You should hire an attorney experienced...

Child support payment determination

This is a question for your domestic relations attorney. You will have to make a full financial disclosure to the court. I can't imagine that...

What tax obligation should I expect from a forgiven debt resulting from a short sale of a rental property?

Everything Ms. Erdmann said. Also it is possible that the loss on the sale would offset the COD income. But remember your basis in the property...