My dad passed away in september? I will be doing his taxes for 2023 and I know owes money.
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Answered on February 20, 2024
Since you say his estate has no assets, nothing happens to his tax debt. IRS will write letters, file liens and issue levy notices but not even...
Hello tax attorneys. My 92 yr old father owes far more federal and state income tax than he can afford to pay; what options?
Finis's answer
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Answered on February 20, 2024
He sounds like a potential candidate for Currently Non Collectible status which suspends collection enforcement. Doubtful a trust would shield his...
What can I do so that this charge isn’t permanent on my record?
Finis's answer
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Answered on February 19, 2024
Get a criminal defense lawyer to see what your prosecutor and court will do and stop stealing.
In m
Can I have my divorce decree changed if the court got the Division of Community Debt incorrect?
Finis's answer
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Answered on February 18, 2024
Just because you didn’t sign a divorce decree until 2021 doesn’t necessarily mean there was no 2020 tax liability then or later.
If you filed a...
Is it legal in Louisiana for my employer to pay me cash and a check; only reporting the check and signing my w4 himself ?
Finis's answer
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Answered on February 18, 2024
Agreed: Tax evasion, money laundering and conspiracy. I hope he’s very sweet to his staff because this is a whistle ripe for blowing.
W4s don’t...
Can I pay my family's health insurance COBRA premiums from an S Corp?
Finis's answer
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Answered on February 18, 2024
You’ll probably get taxed on the family portion as dividend income if you are taking a reasonable salary.
If i receive $1 million donation from people (personal crowdfunding campaign), would i need to pay tax on that, if so, how much?
Finis's answer
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Answered on February 18, 2024
Yes this would be considered taxable income but if you had several hundred thousand in medical expenses, you could itemize that deduction. The...
Can I report my employee to the authorities for embezzlement or fraud or Sue him?
Finis's answer
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Answered on February 18, 2024
Yes absolutely. Organize your proof, file a criminal complaint and fire him asap.
On a return of 2,764 is it fair for the tax preparer to charge me $714 off of the top of my return for her fees?
Finis's answer
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Answered on February 17, 2024
Is $714 a reasonable fee for preparing a return? It depends on the tax return, not the refund. No one can give you a meaningful reply without a lot...
I received a 1099 NEC for a lawsuit settlement. When I do my taxes, it doesn’t seem like this applies to me. What should I do?
Finis's answer
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Answered on February 17, 2024
It depends on what you were compensated for, eg, recovery for lost wages is taxable but compensation for injuries is not....
