1099 on legal settlement?
The settlement may be taxable or may not be taxable but a 1099 being issued for the gross amount of the settlement is appropriate. Attorney fees...
Houston, TX
Tax Lawyer at Houston, TX
Practice Areas: Tax, Tax Fraud & Tax Evasion
The settlement may be taxable or may not be taxable but a 1099 being issued for the gross amount of the settlement is appropriate. Attorney fees...
You will not have an IRS penalty for misrepresentations your spouse made on their separate return. The rest of your issues are divorce issues, not...
Yes, all you need to file S corp status is form 2553. You do not lose your LLC status. LLC is a legal entity status and S corp is a tax status...
You might get a little bit of interest. You need to work with the IRS and get this corrected. This is one of the drawbacks of giving the government...
If she is not reporting all her income then it is certainly civil tax fraud and could lead to a criminal investigation. Of course, we do not...
If your daughter lived with you for more 182 days you are the custodial parent and it is presumed you paid for more than 1/2 of her living...
Is this you or are you just nosey? I ask because bankruptcy will not help someone that has not filed their tax returns, especially in Texas. If...
The IRS does not place liens against specific property. They place liens against taxpayers which attach to any property they own. If the taxes owed...
I used to deal with local Ohio tax departments quite a bit. They tend to be abusive in that they know the amounts in dispute are usually not worth...
I don't know what your concerns are but from a tax standpoint it doesn't matter.