If i bring over 10000 dollars into the usa will it be taxed by IRS?

It depends on what the $10,000 represents. Bringing $10,000 or more in cash or negotiable instruments (including checks) must be declared to US...

There is a $5,000 discrepancy between my 2012 W2 and my 2012 tax return. Can this halt my mortgage approval?

This is not so much a tax question as a mortgage lending question. Whether the bank will revoke the pre-approval depends on the bank's mortgage...

Can I take money out of my regular IRA to pay off my exwife as part of settlement and not be taxed on it?

Retirement accounts that are subject to division as part of a divorce can be divided between spouses pursuant to a qualified domestic relations...

Contact the attorney for the IRS assigned to your tax court case and forward him/her copies of the documents in which the IRS agrees that you are...

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When recorded, does a Quit Claim Deed (in Maricopa County, AZ) notify the proper property tax authority so we are charged taxes?

Property taxing authorities usually rely on the county property records to determine the owner of real property (and, thus, the person responsible...

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A firm represented me poorly and made a unaffordable monthly payment on my behalf to the IRS. Can I not accept it.

Taxpayers always have the right to contact the IRS to modify the terms of an existing Installment Payment agreement for changed circumstances -- in...

I am starting an IT Consulting business, and planning to incorporate, to go for s-corp or LLC, can anyone suggest which is bette

I agree with Mr Corrigan. The LLC is the most flexible legal entity for small businesses. The S-Corp predated the LLC and has several advantages...

Do I have to be a non profit to receive a donation?

In general, a taxpayer cannot take a charitable deduction for money contributed to a cause that is not a registered 501(c)(3) charity. Note that...

There are a number of ways of structuring your company. As others have stated in this forum, the LLC is the most flexible business entity because...

If I try to make payments on my back taxes will the wage garnishment be gone?

As a general rule, reaching an agreement with the IRS to pay/settle your tax debt can resolve your wage garnishment. If you can prove that the...