Do you still have to pay the IRS your installment agreement amount while you have a pending offer in compromise?

Yes, if you have entered into a written installment payment plan with the IRS to pay them $200 per month.

What are the tax implications of selling a company in California? What happens if you were to move to NV?

Before you do anything I strongly suggest that you sit down with a State and Local Tax Attorney that handles residency matters. There is a lot of...

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Generally speaking, your withdrawals are treated as income when withdrawn from an IRA and must be reported on your Forms 1040 and 540 for 2015. If...

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I run a business that sells beauty products and web design. I am helping a friend file their sales tax return in san diego. Do I

You have an unusual business structure. Gross receipts should include all income from all sources. Reflect the web design gross income on the...

Annual California LLC $800 Minimum Tax due date.

The tax is due by the 15th day of the 4th month AFTER the beginning of the taxable year. The taxable year of an LLC that was not previously in...

How do I prove that my friend was using my ebay account to sell? I just received an unexpected 1099K form from Paypal.

Ouch! What a mess! I would recommend that you write a letter to Paypal requesting a corrected 1099 be issued to you and a new 1099 issued to your...

My dad is trying to claim me on his income taxes, but I'm going to claim myself?

He cannot claim you as a dependent as he did not provide more than ½ of your support. A taxpayer is allowed to claim a qualifying child IF...

How would I charge sales tax to customers in the USA? How would I avoid double taxation in the US?

Since the LLC is registered in California, I assume that you have an office or outlet or home here from which you work. If you have such a...

Do I have to claim and pay taxes on $2500 I made baby sitting?

Is that your total gross income for 2015? That is, do you have any other jobs? Are you still living at home with your parents who claim you as a...

Am I considered a California resident in 2015? If not, how long does it take to become a California resident?

For tax purposes, a "resident" is includes: every individual who is in the state for other than a temporary or transitory purpose or every...