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...
Sacramento, CA
Tax Lawyer at Sacramento, CA
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Your business expenses are deductible from gross income to arrive at Adjusted Gross Income and then Taxable Income. So, in your example, you will...
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...
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...
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...
Specifically, you need to talk to a state and local tax attorney that specializes in payroll or employment tax matters and has experience dealing...
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...
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...
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...
There are options. Start by contacting the FTB's Taxpayer Advocate, Susan Maples at [email protected]. Supply her with your full name, phone...
Yes; if you file your 2015 return, the FTB will process it within 6-9 months. After it has been processed, the FTB will revise the ridiiculous...