What is FTB 3536 Fee ?

The fee is based on "total California annual income." The schedule is on the instructions to the Form 568. Go to...

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What is statute of limitations regarding 2008 Investment Advice which ultimately caused huge IRS tax liability that is ongoing?

Call Rob Keaster, Esq. at 818-385-1434.

I am trying to form a private foundation to donate and get tax write off for 2013. But it takes years now to get IRS approval

You can deduct the contribution in 2013 even though the IRS favorable determination letter is received in 2014.

Which Tax professional is best choice to help me if I am filing taxes as a beneficiary of an estate.

1. A competent CPA can help you file your income tax return and should be efficient. 2. To question the accounting of the estate, a competent...

IRS Summonses and costs

Do not bother trying to quash the summons. It is not an attempt to extend the statute of limitations. I do not understand: an IRS agent would not...

At what point does one have to start filing income tax for gains from selling modest amount of crafts?

Mr. Brotman has given you a superb response.

Federal capital gain tax

See if you are eligible for the $250,000 per person exclusion. The IRS information site is...

Is short term capital consider income?

Yes.

Can I abandon LLC after suspension by FTB

Yes, you can abandon the LLC.

It is a good idea to keep business records for 7 years (one past the 6 year statute of limitations). However, if you buy an asset and the question...