Can you file a tax return if you had no income?

There is no reason why you cannot file a tax return, even if you had no taxable income. Many tax professionals advise their clients to file tax...

Does the IRS have the authority to impose a 6694(b) if the preparer furnished documents but did not attend the hearing?

As of late, the IRS has been very aggressive in enforcing the paperwork maintenance requirements of tax return preparers. I represented a tax...

Domestic vacation rental listing site considering expanding to Canada. Curious what are the legal (and accounting) hurdles?

Your question is extremely comprehensive and cannot be adequately answered in this forum. As a starting point, however, you will need to hire a...

IRS tax question - is there a one time forgiveness for paying IRS

Unfortunately, there is no such thing as "one-time tax forgiveness," unless perhaps you're a large corporation with extensive lobbying connections...

In India, my mother lent me money to get a degree. Can I pay her back now both of us are in USA? Tax?

As a general rule, amounts received as loans and repayments of loans are not taxable transactions, except to the extent that interest is received...

Is a wife liable for the taxes incurred through the operation of a CA S-Corp by her her soon-to-be former husband?

Based upon the facts set forth, this is a fairly complex tax problem. As my fellow counselor has stated, the tax attributes of an S corporation...

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Is it possible to get an offer in compromise for payroll taxes?

As the other attorneys have stated, there is no impediment to your ability to seek or obtain an offer-in-compromise for the unpaid payroll taxes of...

CAN I CLAIM MY 28 year old friend on my TAx return . I am a Contractor Working overseas

No, you can't claim your friend as a dependent on your return. In order to claim another person as your dependent, some familial or adoptive...

What does "contribution" under Part X, 5g of the Application for Recognition of Exemption mean?

Exemption organizations law is a highly technical sub-specialty of the tax law. To obtain an answer to your question, please see Internal Revenue...

I live in California and am investing in a start up LLC in Nevada as a silent partner.

You definitely want to hire a California and Nevada business planning attorney knowledgeable with California tax matters, or who can consult with a...