Would there be any tax liability (except annual property taxes) regarding a piece of property that I want to give to a friend?

If a gift tax is due you are responsible, not your friend. Messrs. Galloway and Birr have given you excellent advice on other possibilities. You...

Can the IRS keep my tax return for my ex's federal tax debt?

During any period in which you were married filing separately you are not responsible for your spouse's tax liability. You should consider filing...

Do I need a tax attorney?

Yes. You should contact a tax attorney immediately. This is a disaster waiting to happen. I was retained about 2.5 years ago by a man with a...

Should I consult a tax attorney?

You need to consult with your family law attorney. A tax attorney is not going o get the IRS to act any more quickly.

Can I amend my income tax information based on Judges order ?

You are a cash basis taxpayer. So if there is a deduction available to you, and I am not sure that there is, that would appear on this year's tax...

1099

Yes you should amend your return. Follow Mr. Halverson's excellent advice.

Self-Directed "Checkbook" IRA in LLC real estate: Prohibted Transactions- would the following transaction count as an Exemption?

Call Kaaren Hall at (866) 447-6598 or· (714) 460-5505. She runs UDirect IRA Services. I gave a speech on self-directed IRAs with her last month. ...

Before we work 324 hrs in 1mnth, now 224hrs in 1 mnth,the question is why our federal income tax are the same before and after

Use the IRS withholding calculator at http://apps.irs.gov/app/withholdingcalculator/. The withholding amount can change from month to month if...

I work 56hrs every 2weeks but we dont know how much the exact or amount in our federal income tax

You can figure out the proper amount of withholding by going to this IRS web site: http://apps.irs.gov/app/withholdingcalculator/ Otherwise talk...

I started an LLC in 2005 in CA, but I have never conducted any business and paid no taxes, including the 800 fee. How do I fix?

As long as you put no assets into the LLC and took no assets from the LLC you have no personal liability. So just throw away the notices and stop...

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