Taxes: What is the difference in amount from claiming zero dependent to claiming one on check?

I don't know the exact number, because it depends on your specific wages. I have had clients ask their payroll to run the numbers to see what the...

I am being charged for not paying taxes, but the IRS actually owes me.

For the year you did not file and for which you state that the IRS owes you money, please keep in mind that there is a limitation on time that you...

Totally confused about OOP

I think this is related to a landlord/tenant issue or related to gun rights law. I think you should re-post under that category and you will get...

Just found out my previous business owes 79,000 to ca edd for payroll taxes I am the responsible party for 7000 can I file this

Typically payroll taxes, even the personal assessed portions as well, are not dischargeable in bankruptcy. You should definitely meet with a...

Income Tax Refund

Yes any refunds go to offset prior years. Potentially, any other refunds due to you after the prior years are paid off (you would need to discuss...

I definitely recommend that you hire a qualfiied tax attorney to make sure the matter resolved correctly. You would contact the IRS attorney on...

Fran Tax Board levied my bank acct. advised by bank mgr to setup an installmnt plan w/ rout & acct#. they would release hold?

I agree with the other attorney. To get the funds back a taxing authority, generally speaking, needs to see proof of a hardship, i.e. that you...

How to get a certified statement from the IRS

When you entered into an installment agreement with IRS, the IRS typically will mail you a letter stating the following: that you have been...

Can an account be made to repay IRS for errors they made on income tax return?

I am not a licensed attorney in Ohio so don't know exactly what an accountants standard of care must be in Ohio. Generally speaking accountants...

Is it a good idea to open a private practice as a corporation?

As was stated by the other contributors, you should definitely sit down with a CPA and a local business attorney to go over all these options. My...