Do I need to pay for uncollected taxes

Did he pay you the total amount agreed? Minus SS and medicare? If you received what was agreed, minus SS and medicare, you will ultimately be...

Will the irs accept 2 seperate installment agreements?

You each can request separate installment agreements, but the monthly payments you make will be based on your own finances, unless you are able to...

You post many questions here, and there are many possible outcomes. Whether the IRS accepts an Offer in Compromise or Installment Agreement...

I received my W-2 from work and a K-1 from a trust fund. What tax from will I need in order to do my taxes myself?

Likely a 1040. I recomend you use tax preparation software such as Turbotax to make sure. For the first few times, it is probably best you use a...

Only if you elected to have the LLC treated as a corporation. Andrew J Wyman www.wymanlegal.com

Correct tax for 2010

To correct a filed return, you complete a Form 1040X with relevant portions of your old return. Given you are new to filing and this is your first...

Fraudulent S Corp Basis Calculation Help

This already sounds like a matter for a tax attorney. Please feel free to contact me. My phone number is (425) 451-9572 Andrew J Wyman...

What is a reasonable offer in compromise or installment agreement?

Mr. Hill provides an excellent answer. Statistially, the IRS claims that the average offer approved is 10% of the total liablity. This is...

2nd mrtgage

To be deductible, you have to be legally required to pay the mortgage, and such mortgage must secure the underlying home. At this point, you do...

You have been accused of taking improper tax deductions on your IRS tax returns. Where do you go in the state of Iowa?

You can take the case to US Tax Court or to Federal District Court. You should speak with an Attorney to determine the best venue for your...