If I am current on a monthly payment plan that was set up for restitution I owe the IRS, will they still take my inheritance?
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Answered on November 30, 2019
It appears per your very brief description of facts that you may only qualify for a PPIA - partial payment installment agreement - payment plan,...
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I receive about $7000 a year from the UK government old age pension,? Is this taxable? All of it?
Everett's answer
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Answered on November 30, 2019
As I recall, there is a US-UK tax treaty that exempts retirement income in one contracting state from the other contracting state.
Can a international student sell beats/music online even having a social security ?
Everett's answer
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Answered on November 27, 2019
If you are in US on an F-1 visa, it is likely a violation of your visa restrictions to engage in a trade or commerce in the US and earn US source...
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Real Estate Legal Question
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Answered on November 26, 2019
I suggest you consult with an attorney who can be apprised of all the facts, Initially, it appears they may be setting you up as the fall guy in a...
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If I’m under an irs tax lien and I marry a woman, if I die will the irs confiscate our home?
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Answered on November 25, 2019
Technically, yes - the home is purchased before marriage, and is therefore your separate property, and the IRS is not bound by Texas homestead...
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Will my girlfriends income be considered if I’m under an IRS tax lien and we get married?
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Answered on November 24, 2019
If you marry, the IRS may collect your separate liability for income taxes from your community property interest in your new spouse's community...
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Why will taking long because there was a time given and it got to that nothing we call them not answering nor returning calls?
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Answered on November 24, 2019
Not sure what tax issues could be delaying probate of the will. Even if a prior year individual income tax return needed to be filed, or if there...
Can a Series LLC (Texas) be taxed as a S Corp? If yes, will both the Master LLC and the “Cell LLC’s” both be taxed as an S Corp?
Everett's answer
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Answered on November 24, 2019
Generally, your understanding of the federal and state taxation of Texas series LLC's appears correct. However, there are important considerations...
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How should a entity such as this one be taxed ? Should i register as a LLC or S corp or C corp?
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Answered on November 22, 2019
You need to consult with a tax attorney about your choice of taxable entity. The mere fact that you say "Should i register as a LLC or S corp or C...
Archived
File return on zero revenue sole proprietorship ?
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Answered on November 20, 2019
One of the advantages of filing a tax return, even if you have very little or no income, is that the statute of limitations for audit, and...