Archived
Will irs take all my taxes if I received custody of my children and I owe back pay? Is there a percentage that will be taken out
Everett's answer
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Answered on February 26, 2019
This is a confusing question, but it appears you are asking if the IRS will levy or garnish your paycheck for back taxes you owe for prior years...
In Texas what does ET UX mean
This is on my house tax records. I pay thetaxes but my name is not on there.
Everett's answer
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Answered on February 24, 2019
Et Ux is latin for "and wife (or spouse)". It appears from you limited information the property was bought during marriage, and therefore you own a...
Archived
Filed a wrong tax form for 2 years consecutively (with extra tax returns) what would be the charges if a tax audit is launched ?
Everett's answer
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Answered on February 23, 2019
If your return is audited, and adjustments made to increase the tax owed, you would owe the tax amount, and penalty 6% and interest 4% from the due...
Archived
Can I file small estate affidavits and can I do it myself ?
Everett's answer
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Answered on February 23, 2019
A small estates affidavit is generally insufficient for real estate. You might consider an affidavit of heirship as an alternative to a probate...
Revised - Under what circumstances or circumstance is a Texas LLC regarded as a general partnership?
Everett's answer
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Answered on February 23, 2019
The general rule is members of an LLC have limited liability unless the LLC has forfeited its charter. It is possible that members may make...
My aunt sold her home in Mexico, can she transfer money into the US?
Everett's answer
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Answered on February 21, 2019
There is no tax or penalty to transfer funds from a foreign account to a US bank. If your aunt is a US citizen or resident then she may be liable...
Archived
I just found out I owe money to the IRS, I'm not working my husband refuses to pay instalment plan , what can I do?
Everett's answer
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Answered on February 21, 2019
It appears you may be able to qualify for a payment plan, or other collection alternative. You may want to consult with a tax attorney to review...
Archived
Can the IRS garnish a settlement check from an employer for wrongful termination?
Everett's answer
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Answered on February 19, 2019
If you have an approved installment agreement payment plan with the IRS, evidenced by an accepted Form 433-D, and it is not in default, then the...
Archived
Should I file taxes?
Everett's answer
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Answered on February 18, 2019
You are not required to file a tax return if your gross income is less than the amount of your standard deduction and personal exemption. However,...
Archived
Can I take a tax credit on my US tax return on taxes paid in Mexico as a result of inheriting real estate property?
Everett's answer
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Answered on February 18, 2019
Generally, you can take a tax credit on your US income tax return for foreign income taxes paid on the reported income. It does not appear as you...