Archived
Tax: If an employer compensates and employee just by providing the place to live, it has to be reflected in tax return?
Don's answer
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Answered on December 11, 2016
Can they tax it Probably, depending on the circumstances... See the IRS answer --
https://www.irs.gov/taxtopics/tc420.html
At that site the...
Archived
Will I be prosecuted criminally? Am I going to be broke?
Don's answer
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Answered on December 11, 2016
If you fess up, get the returns filed, and it is only one employee, they are not likely going to prosecute criminally. The First issue will be...
Archived
When can the IRS adjust the taxes that I earn when I am self-employed?
Don's answer
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Answered on December 03, 2016
Not clear exactly what the letter you received would have said.... Google on
"irs investigate employee independent contractor"
and you will...
Archived
I am starting an income tax business in 2017, but want to file chapter 7 for personal will this affect my business?
Don's answer
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Answered on December 03, 2016
First piece of advice: if you are in that bad of financail shape, this is no time to try to start a new business... If you know enough to do the...
Archived
Unpaid taxes / installment agreement with Irs and no decision made about naturalization since March 2016
Don's answer
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Answered on December 03, 2016
Put in an application with the IRS /taxpayer Advocate. File Form 911, which you can find at:
https://www.irs.gov/pub/irs-pdf/f911.pdf
then...
Archived
purchasing a new vehicle if the vehicle is 30000 and you trade in something for 15000 do you have to pay sales tax on 30000
Don's answer
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Answered on November 27, 2016
It can vary from state to state, but in general you would only pay on the $15,000. ...
Archived
How to claim a death of an uber driver to UBER?
Don's answer
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Answered on November 27, 2016
Thank you for being willing to attemp to help with someone else's problem. One of the following number and or websites should get you to the right...
Archived
Can I deduct(for taxes) a loan I made to my cousin as a Non Business Bad Debt?
Don's answer
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Answered on November 27, 2016
From the IRS web site, www.irs.gov, here are the rules...
Topic 453 - Bad Debt Deduction
If someone owes you money that you cannot collect, you...
Archived
Sponsoring a Friend
Don's answer
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Answered on November 27, 2016
I am not an immigrqation lawyer, but my understanding is that only relatives and employers can sponsor. If the student can stay can school, the...
Archived
How can I get removed as a defendant from a foreclosure?
Don's answer
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Answered on November 27, 2016
If you have a substantial amoiunt od other debt -- medical bnills, credit card, etc, you may want to consider bankruptcy. That gets you off the...
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