If the LLC was dissolved in 2015, then the FTB is correct in advising you that the $800 minimum tax and the relevant tax return is due for 2015. As...

Your husband may be trying to change his domicile so that he does not have to pay CA income tax on any of this income; but, leaving you in...

What are the tax return obligations for a single member LLC

Your business expenses are deductible from gross income to arrive at Adjusted Gross Income and then Taxable Income. So, in your example, you will...

If i file 2016 tax returns now would the IRS add late fees/interest?

Yes, interest and penalties would apply if you owe any income tax. Having said that, it is far more important that you file and suffer the...

Are there any tax implications for my dad to gift me $140k for the down payment of a new house until current house sells?

It depends. Any gift tax on the amount gifted would be on your father; but, he will probably only be required to file a few forms. In my humble...

Filing taxes when spouses are filing divorce in california?

Since California is a community property state, you are required to report 50% of your H's gross ncome and 50% of your own gross income. He should...

I was chosen for a employment audit by the state of California. What kind of attorney do I need?

Specifically, you need to talk to a state and local tax attorney that specializes in payroll or employment tax matters and has experience dealing...

If my debt is over two year old with IRS will that be delete if i file for bankruptcies?

No; the tax year that you are seeking to discharge MUST be more than 3 years old. The 3 year period is computed from the most recent date the tax...

How long does the FTB have to return money to me or give me a reason why not?

If your evidence included back tax returns showing zero owed, you should get your money back within 6-10 months, as the FTB takes 6-9 months just...

Income tax for child dependent who has the right the one that pays more or the one that has the child?

The general rule is that the person who is providing more than 50% of the qualifying child's support may claim the child as a dependent and take...