Irs

As a beneficiary of the trust you are entitled to a copy of it. Contact the attorney or trustee and demand a copy. The attorney for the trust is...

I cashed out my 401k to save my home. How will this affect me?

The money that was taken from the retirement plan is included in your income. If this is an early distribution (before age 59 1/2), then you may...

5 years and i hacen't get my income tax yet

Since you indicate you have obtained a lawyer we are ethically bound on this site to not answer this question. Please present this question to...

I am considering changing my LLC from being taxed as a corporate to being tax on my personal income tax return (flow-through)

Your Net Losses stay as part of the character of the prior C-Corporation. Make sure you are considering all of the ramifications of changing from...

IRS Taxes on Foreclosed/Auctioned Rental property...Capital gain?

When a home is foreclosed you have two tax issues that you must consider. The first is the income from the cancellation of the debt. You must...

A limited liability company in California is subject to the $800 Minimum Tax each year and must file a tax return and pay this tax until it is...

Can i write off my i pad 2 which i purchased recently, i work as a computer Engineer in a software company in CA

Your expenses must have been required for you to carry out the job for which you were hired and must be what the IRS calls "ordinary and...

Abuse of Discretion of IRS CDP officer

This does not seem reasonable. However, an abuse of discretion is a facts and circumstances test. You can now request review by the U.S. Tax...

Move to maryland from ohio, cashed in my 401, maryland says i oh them income tax on it

If you are now a resident of Maryland the income that you receive when you make withdrawals from your 401K create taxable income in Maryland. Be...

IRS "Appeals officer to make the efficient collection of taxes no more intrusive than necessary" What does this mean?

This is a facts and circumstances test. The Appeals Officer must verify that all the requirements of applicable law and administrative procedure...