Employee or 1099, could I be in trouble for this?
As the other two attorneys have mentioned, it appears that your boss is improperly classifying you as an independent contractor rather than as an...
Los Angeles, CA
Tax Lawyer at Los Angeles, CA
Practice Areas: Tax, Appeals
As the other two attorneys have mentioned, it appears that your boss is improperly classifying you as an independent contractor rather than as an...
Mr. Cortez is correct in his advice. I would elaborate that the taxpayer does not have a sufficient property interest in her life insurance policy...
The other attorneys are absolutely correct. The repayment of the principal amounts of loans or advances of funds that a taxpayer makes to another...
It sounds to me like your CPA may have committed malpractice and that he cannot get his story straight. All tax preparers are required by the...
As a general rule, the IRS would not be able to hold Mary personally liable for John's unpaid taxes reported (or required to be reported) on his...
Your best bet is to file an amended return reporting the additional $5,000 of earned income. You should hire a CPA or tax accountant ASAP to...
As a general rule, you will be required to report as income and pay taxes on the entire amount of any settlement that you receive, even the portion...
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Mr. Cortez has provided you with an excellent answer. In addition, I would consult with your local bar association and your friends or colleagues...
As Oscar Ornelas has aptly stated, not filing your tax returns is only going to make your situation worse. From the facts that you have described,...
If you are neither a U.S. citizen nor a resident alien, which appears to be the case, since you are contemplating filing an application for...
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