Accounting question - taxes legal payroll vs. owner draw split

This is a complicated issue, and I agree with Attorney Morillo that you should hire a Tax Attorney or CPA to help you determine the shareholder...

I had a wage levy from the IRS sent to the company I sub-contrac from. How can I get it lifted.

This is a difficult but common situation, and the IRS can be quite brutal. The first step is to get a copy of the levy and make sure such is being...

Who at the IRS is telling you this? The agent at the exam (audit) level generally has to send the file to another unit to review their work and...

My husband wont give me a dime of our 2011 tax return.

I am assuming this is an IRS refund. Once refunded, state law determines who can make decisions regarding how the funds are spent. I suggest you...

We have been audited for 2008. My question is I want to ask for relief from penalties an interest that has acurred?

You need to argue 'reasonable cause' (and hopefully that "this was your first offense"). It seems like a difficult argument to make. It may be...

Is there any indication on a 30-day letter whether or not the IRS made a substitute for return?

As Attorney Smith indicated, it is best to order the transcripts. If you call the IRS and ask, the agents seem to look very hard and will often...

Can someone demand a copy of an assessment that the IRS made to their tax account?

You can do a FOIA (Freedom of Information Request) to request all documentation in your file. There are instructions for making such a request on...

What are the chances my taxes will be reduced with an audit appeal?

Mr. Hopkins provides excellent advice on how to proceed. When documents are missing, you will need an attorney to help you establish you case. I...

Options for correspondence audit?

These issues can easily be messier than they should be, making it necessary to speak with a real person at the IRS. As Attorney Smith indicated,...

Which filing maximizes your tax return when married with two kids, one working with a low income?

The only way to be sure is to prepare returns two ways, one return as 'married filing joint,' and two returns as 'married filing separate.' ...