An S Corp is a pass through entity which means all the income and expenses flow to your personal return on the k1 which you have to report on your...

The fact that he is a felon does not effect his ability to claim a dependent on the tax return. What matters is if he qualified to take the son as...

No IRS tax law says that you have to divide or even equally divide a tax refund. Some states (community property states) take the position each...

It depends… It might be easier and cleaner to transfer the property over to the LLC. But if there is an outstanding mortgage on the property,...

There are ways to defer capital gains in the sale of a rental property, but trust will not get you there. We have minimal information here, and...

I agree with Richard. Also, check your credit report to see if anyone has pulled your credit report recently. If you find someone has...

Start with Form 14157-A. Also, this is called theft and should be reported to the cops. The IRS can track the refund, and if the preparer paid...

This in not a tax question so I am changing the practice area to injury as is seems to be a IIED claim.

Yes and that state can pursue the debt even if you move to another state. So they can put a lien on your property or Levy your bank accounts and...

I agree with the responses above but want to add that the IRS is focusing on Cryptocurrency. The IRS is conducting Operation Hidden Treasure,...