Red Flags

A red flag could be defined as something that typically draws IRS scrutiny. You could get selected for audit based on them. This could carry...

What is the penalty for not reporting S Corporation income?

This could rise to the fraud penalty if this is intentional. This carries a 75 percent penalty. Depending on the amount involved this could be...

What is the penalty for not reporting S Corporation income?

This could rise to the fraud penalty if this is intentional. This carries a 75 percent penalty. Depending on the amount involved this could be...

Can the people that did my taxes keep my sc state refund

Not unless you assigned them the refund. Any individual seeking legal advice for their own situation should retain their own legal counsel as...

State intercepted my refund but they only took 1/2 so where is the rest?

Hard to say without more facts. Call the taxing agency and ask them for an accounting. Any individual seeking legal advice for their own...

Sales taxes charged for on-line orders

Usuary relates to interest rates and not sales taxes. This may or may not be correct in your state. Check with the state board of equalization...

State franchise tax board says they have lien against me. I don't own home or anything. Does this attach to my personal property

Yes, this is a general lien against all of your assets. The tax must be a non-fiduciary tax and at least 3 years old and the tax return filed for...

This is a question that is best answered after an attorney completely reviews your situation. I suggest you see local counsel and go over your...

WA has no income tax but CA does, will my private disability benefits become taxable if I move to Cali?

These benefits should not be taxable in CA. Have a CA tax professional review your particular situation before you move to make sure. Any...

401(K)/Pension cash out due to termination/disability

It is difficult to determine without a complete review of your situation. See a local tax professional to review your situation. Any individual...