Question Regarding Tax

Yes, as an independent contractor you can deduct the expenses that you incur that are ordinary and necessary for you business. You will need the...

Am I liable for my husband's taxes if he left in 2009 and he has not filed his taxes?

You are only responsible for his taxes on joint returns that you filed together. In the years that you filed separately you are not responsible...

If he signed your name and was already your ex husband you are not allowed to file a joint return. You will need to contact the IRS and inform...

If a person from outside the US gives a sizable monetary gift is there a form that they should fill out to prove a gift to govt?

If you receive more than $100,000 from a foreign trust or person a Form 3520 is required to be filed. It is also a good idea to document the gift...

So to reopen the company in his name he needs to request a new tax id from the state and a new ein from the irs in Austin, TX

Please repost your original question. I could not find it in the questions. If an existing company is being taken over a new tax ID from the...

I am about to receive an inheritance. I am also behind on my student loans for which the government takes my income tax checks.

They can levy on your assets once you have possession of them.

Yes, the IRS can levy you for penalties. This should not create personal liability for you unless it is a fiduciary tax (sales or payroll taxes). ...

Don't towns have to prorate property taxes for new construction?

This does not sound correct. The taxes should be based on the improvements on the property. If the property was demolished it should not be...

What advise for person who's exbusiness partners lied regarding payroll taxes reporting thereof?

This case needs the immediate attention of a local tax attorney in your area. You need to sort out the issue of whether you are a responsible...

Tax

If you are a U.S. Citizen or a green card holder you are required to file a U.S. Tax return on an annual basis and report your world wide income. ...