On liquidation of a Sub-S Corp the unpaid accounts payable were reported as income on shareholders' return.

This is actually a very complicated determination. On the surface, it would seem that case law seems to imply that a taxpayer can deduct expenses...

Can I claim my child as dependent and claim child tax credit if he visited and stayed with grandparents for more than 6 months?

Temporary absences such as vacations and visits to relatives are considered time living at home. The fact that they were out of the country might...

Is there such a thing as a "notice of assessment"?

What stage are you at in the process? Did you just finish an audit? This could be something they send before the Notice of Deficiency, but as the...

Taxes stolen id

Well, I am not sure how this effects all 50 states as you haven't stated that 50 different states have contacted you. If a state contacts you, you...

My brother's ex is demanding his tax return or she may not allow him to see his daughters as much. Is there anything he can do?

Generally the children cannot be used by one parent to blackmail the other. Tax returns are private information and only the state court can compel...

I say you should be okay because GA is not a community property state. But what can happen, is your income can be included in his "means to pay"...

Amended Tax return

He will have to do better than that. Is he claiming the return or tax liability is incorrect? If not, you cannot avoid paying taxes by claiming you...

If you need proof of date, you must: 1. E-file; or 2. Send via certified mail If sent via certified mail, the taxpayer is treated as filing...

Divorce court ordered alimony for life & payment for health insurance for 3 years. Are both deductible as alimony on taxes?

The previous attorney is correct. These transactions can be: 1. Child Support - These are obvious because they are tied to the age of the...

Assistance I can expect from a tax preparer?

I would say, they more protection you want in case of an audit, work up the chain. An EA at H&R Block would be the low end, and a tax attorney...

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