asked
Can I get tax deductions for watching my grandson 4 days a week at 24 hours a day if I plan on charging the parents? I live in Maine and have been helping them for 5 years. He has always lived with me, and his mother works nights.
November 26th, 2023
My company, a single owner LLC, develops and sells custom software for businesses. Is this custom software federally taxed?
October 9th, 2023
Can children of a parent be held financially accountable to pay back the parent's Medi-Cal bill after the parent's death if the parent has a monthly income of $2600 and monthly expenses of $6000 in California?
May 9th, 2024
A friend has claimed 9 exemptions on his W4 withholding for a couple of years and is concerned about potential IRS investigation or arrest. What should he do?
April 7th, 2023
My dad hasn't filed his taxes in over 5 years and may owe income tax for each year. He lives in California, is low income, and has been on unemployment on and off. He doesn't own a home or have savings. Can the IRS garnish his paychecks or unemployment checks? How long does it usually take them to start garnishing? Can they garnish his social security income when he starts receiving it? If he files for bankruptcy, does that prevent the IRS from collecting back taxes?
April 17th, 2023
My CPA forgot to file my state taxes for California and Indiana. My federal taxes were filed before the deadline and I received the returns. I will be getting a refund for my California state tax and owe $19 to Indiana. I plan to file them on Monday. Would this be an issue from my immigration standpoint as I'm on an H1B visa? Should I file for an extension, and is it true that missing the state tax deadline automatically extends the filing period for both states?
January 26th, 2023