H&R Block incorrectly calculated property interest.

If this is their mistake they should be responsible for any penalties regardless of "Peace of Mind." "Peace of Mind" is a separate contract and...

Are health insurance premiums purchased by members of an LLC (subchapter S election) tax deductible if reimbursed by the LLC?

This would be a deduction by the LLC that would then be passed through to the members on their Form K-1's maintaining their character.

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Can i get HR Block to pay me for their mistake

H & R Block would be responsible for any penalties caused by their mistake. However, any resulting tax liability is the responsibility of the...

If I accidentally claimed myself but I never worked & i am still my moms dependent what will happen?

If you made a mistake on your return you should amend it and correct the mistake.

I've been on disability for a year , do I have to file tax return?

This will depend on the totality of your tax situation. If you have other income such as from interest or dividends you may need to file. ...

If our C Corp owes the IRS taxes and we have not earned any money for 2 years should we dissolve the Corp or file bankruptcy

This is more complex than appears on the surface. First, an analysis must be made of the type of taxes due and whether there is any personal...

Work hasn't been taking out federal taxes?

Regardless of who is at fault he will still have to pay the tax. He can increase his withholding amount for the balance of the year to pay this...

Someone claimed me but I am still my mother's dependent what I do?

This affects your mother and not you. She should file and claim you. She may need to file a paper return (hard copy) since she will not be able...

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Can the Franchise Tax Board force me to file when the rules say I don't have to?

The easiest way to handle this is to file a zero tax return. This will replace the return that the FTB is alleging. They are good at making these...

Does the qualified residence indebtedness exception apply to bankrupcy debt? Does it change how the tax attributes are applied?

As you are probably aware due to the bankruptcy you do not have any cancellation of debt income. You will need to complete Form 982 with your tax...