Where do I send a penalty abatement request for the Franchise Tax Board?

If no address is shown, mail it to: Franchise Tax Board PO Box 1468 Sacramento, CA 95812-1468 But IF it shows a Unit Name, make sure that...

Selected as the best answer

Can I form a sole proprietorship or LLC selling self-made guitars in order to tax shelter income from my day job?

The short answer is "yes". But be sure to make a profit within one of the first three years or so in order to convince the IRS that this is not a...

Am I entitled to 1/2 of the tax return my husband (separated)?

I think it's too late for the preparer to amend the return. If your portion of the refund is $10K or less, you may have to resort to small claims...

Should I report him to the IRS?

If you have no income, I would suggest that you talk to your spouse and seek a cut of any refund or tax savings as a result of his filing married...

Exemptions

I am going to hazard to guess that your employer has increased withholding as a result of the IRS advising him that you are not entitled to claim...

There is no required retention period for 1099s but the IRS and guidebooks for businesses suggest you retain your 1099 for 7 years.

Selected as the best answer

Filed 1040 Instead of 1040 NR last year, what to do now ?

Yes; simply file an amended return (a 1040X) and attach a 1040NR to it.

Was she working under your direction and control and exclusively for you? If so, you should give her a W-2 if you were paying her for sex. But,...

Does the Franchise tax board have a 10 rule to response?

No; the FTB can take as long as it wants. Many audits are now taking 3-10 years

Yes; as you are listed as an officer/member of the LLC.