My husband added $15k on my credit card. He owed this amount for income taxes on his business. What do I do?

Does he plan to make the payments to address the debt? Maybe you should reach a written post nuptial agreement on that. You may want to consult a...

How do I file a 1040 for debt forgiveness exempt from gross income due to insolvency?

You may qualify for VITA, voluntary income tax assistance. See if the free service is available in your area and if you qualify. Cancellation of...

Husband and I started rental prop LLC 2013. How and can we file taxes as qualified joint venture sched c 50% each with EIN.

Your LLC is an LLC and needs to file a 1065. The limitation of personal liability and insulating the same to just the assets of the LLC is sell...

You could be held in contempt of court and fined or put in jail for violating the court order. I urge you to amend your return or risk being held...

I made 3000 do i want to file there were no fed taxes taken out will i owe them

You are always better off filing your income tax. The time for the IRS to audit you will begin to run. If you never file, they can audit you...

I agree with my colleagues, you need to meet with counsel to review the specific facts of your case. Form the limited facts provided it sounds like...

Paid my ex a cash settlement per our divorce agreement, can I deduct this on my income tax?

You may only deduct it ONLY if it is alimony. If it is a settlement to equalize property it is not deductible. If you are unsure, have your...

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I have three children and was granted child dependency's on my taxes from divorce court, two every odd year,and one every even y

If your wife is violating the decree you may take her back to court to have her held in contempt. However, if she is claiming then as she has them...

What form of ownership would you advise me to choose and what taxes are waiting for me, if I want to open a small business

Probably an LLC. Please meet with an attorney to discuss the necessary filings and whether that is the best option for you. Best of luck to you.

Do I need a tax lawyer ?

Sounds like you are married filing separately. Since you re still married, you cannot file as "single." I urge you to employ a CPA to get you...