"Responsible Party" Payroll Taxes & More

I cannot stress the importance of finding local tax counsel immediately. You are at significant risk of being assessed Trust Fund "Penalties" under...

How should taxes be filed? LLC subchapter C corp, sole member, receives 1099 to show income.

You may have a potentially serious problem. You indicated that your business is an "LLC Subchapter C." An LLC and a Subchapter C corporation...

I received a CP2000 form from the IRS for a vehicle that was charged off. Can I dispute it?

If the IRS has sent you a CP2000, then you're already starting from the position of owing the Federal government more money. The IRS intends to...

I want to start company in partnership with non us citizen , he is from india . tell me what should i do ?

From a purely tax perspective, the only limitation imposed upon your freedom to choose a business entity is that you cannot form a corporation and...

I owe California EDD for an overpayment. Can they take my federal tax return 2013? They took my state last year.

You should contact the EDD and ask them whether a notice to offset your federal tax refund has been issued for the years you have tax liability.

I have back taxes owed to the IRS. I am on a approved installment agreement. These taxes were based on married filing separate.

Standing alone, your filing status will not affect your installment agreement, but your installment agreement will be affected by any tax liability...

In California, are both spouses liable for the IRS debt of either spouse if the file separately. I want to file bankruptcy.

If you and your spouse filed separate tax returns, than you are not liable for each other's federal tax debts.

Filed ch7 bk didn't reaffirm loan but stayed. Will we owe IRS if we default and short sale after 2013?

Under the Internal Revenue Code, debt cancellation is considered income to the taxpayer. But, the Code also says that when debts are cancelled in...

A minor lacks the legal capacity to seek bankruptcy relief. Your son should file when he turns 18, as it is highly unlikely that the creditors...

If I plan on filing a CH-7, will my father be forced to file a CH-7 or 13 as well?

If you have joint liability with your father on the second mortgage, the debt must be listed on Schedule D when you file for bankruptcy. You say...