Do I have to pay back Self-employment taxes (SS & Medicare) if I'm filing for years 2003-2006?
I agree with both attorneys. The initial question does require a tax attorney or similar tax professional to determine. And that is to determine...
Seattle, WA
Tax Lawyer at Seattle, WA
Practice Areas: Tax
I agree with both attorneys. The initial question does require a tax attorney or similar tax professional to determine. And that is to determine...
Absolutely. They are harder on people that don't pay employment taxes than income taxes as these are considered "held in trust." Harder to abate...
1. She will have her portion of the joint refund taken unless she files for Injured Spouse Relief, not to be confused with Innocent Spouse Relief....
Keep in mind, your divorce decree only allows you to claim the exemption and Child Tax Credit. If she is talking about Head of Household or the...
This does not seem like a tax issue. Please re-post under the appropriate forum. Christopher Larson
Sounds like a state contract issue. Christopher Larson
You can be held liable for the trust fund penalty on the portion of the payroll taxes held by the company on behalf of the employee. The company's...
The annual gift exclusion is $13,000. It is $26,000 per recipient if you are married and file jointly, and you make an election on your return. If...
Since the father cashed out the IRA, the tax liability belongs to him, and his estate when he died. You will have to "pay the tax" so to speak in...
The IRS likely received a 1099 reporting the sale price. If you choose to not claim the basis on a Schedule D, they will assume that it is all...