Consent means that you agree with their proposed adjustment to increase your tax. Chances are the money they withheld was for the tax on...

Why would he call the Attorney General on this than an Attorney? If he does not sign the release went can we do??

In consultation with your estate panning attorney, you should first retain a CPA to do an accounting of the estate to ensure the allegation is...

What do I do now that I have the corrected form and can I be held liable for filing incorrectly?

Amend your returns as soon as possible. If you owe because of the form 1095, mention it and request the penalties be waived. The comments...

Do we need hybrid entity created? If an LLC, will worker's comp be required? Can we file assumed name w/o legal entity?

Workers' compensation is required whenever an employee is hired, regardless of type of legal entity. And whether your tax election of the LLC is a...

What can I do ?

You should be able to communicate with your CPA. Take the new information and go see her. Show her the amount of interest and penalties that she...

What can I do to get cosigner off title?

Find out why the cosigner is refusing to do that. Did you pay him to cosign or he did you a favor? Either way, is odd that he doesn't want to...

How much of my small businesses' profit can I reinvest for the maximum tax deductions?

You can spend all of the profits in necessary and ordinary business expense or equipment. The comments contained herein are for general...

Could I do the above?

Find out from the RI State insurance Commissioner whether your husband can own an insurance business without being licensed in the State. If there...

Do I need a business license to sell at CA swap meets on a regular basis?

The landowner of the swap meet may have the answer other than the BOE. In the past, I was on the Board of Directors of a college where they used to...

Can I file a new OIC after the IRS has rejected my OIC?

To avoid waste of time, find out the reason for their rejection and focus on that particular issue; income, expenses, etc. and provide them...