Owe to IRS tax return

If your return shows that you owe tax, then write a check and include it with the return. If you can't afford it all, send monthly checks as...

Made 500k from online crypto currencys how do I make this money legal??

If you sell them then you have a large capital gain. There is nothing illegal about that. You owe the tax, state and federal, on the capital...

Can I expect a tax refund if my refund amount is greater than taxes owed?

You will only get a refund if you have no outstanding tax due. So if your refund is to be $2,000 and you have an outstanding balance of $1300, you...

How do i get a K-1 for my siblings and myself from a sale of our fathers house after he passed?

I just Googled "Hemet CPAs" and there are a bunch of them. James Counts is one I know 951-929-1330. I cannot believe that he does not understand...

I add more cash as declared in 1120S?Do I need to file 83B election for my S Corp vested stock of 2 mil and future stock?

The purpose of an IRC Section 83(b) election is so that you get a basis today in the stock and when you sell it in the future you have a long-term...

You start with the fair market value of the property. You subtract the debt. You determine what percentage of the downpayment you put up compared...

What is the best way to look into my father-in-law's financial situation after he passed away in early December 2016

You need to talk to a lawyer in Florida. Or you need to study the Florida intestacy rules. As for the Ukraine, go to HG.org and you will find a...

Are there any taxes on capital gain of the sale of my main residence, if my income is in the 0-15 tax bracket?

Under IRC Section 121 you can avoid paying capital gains tax on the first $250,000 on the sale of your principal residence. So has it been your...

Can I sue H&R block?

Of course you can sue H&R Block. The question is whether you stand to recover anything. If H&R Block files your return before the deadline, then...

I gave my tax preparer my tax papers on February 10 and she hasn't filed nor gave me back my forms cant reach her she wont take

This sounds very bad. You need to send a letter, certified, return receipt requested. You need to talk to an attorney as this may result in a tax...