asked
I need to file for an extension due to my employer not providing my W2 until after the filing date, and I have serious concerns that it may be incorrect. Additionally, I believe my employer was withholding my taxes but not paying them to the government, and I don't have my last year's PIN number. How should I proceed with filing my taxes, and how can I obtain my last year's PIN number?
August 6th, 2024
I had my taxes done by Primerica and was told I should have received a P.I.N. but I did not. Could you provide me with my 6-digit identity PIN so they can finish their work and I can receive my refund?
April 24th, 2023
I need help with the IRS. I'm already on a payment plan, but a check I wrote didn't clear because my mother passed away. I'm concerned that this could default my payment plan and result in a levy on my social security. What should I do?
November 8th, 2023
I need my adjusted Gross Income (AGI) from 2021. I completed my taxes on TurboTax but could not file online, so I printed and mailed the return. I do not have access to my IRS account.
August 7th, 2023
My niece is disabled and receives SSI. She recently received a $190,000 IRA distribution from her father's account and needs to choose an option for federal withholding. What is the best option for her to choose to protect her disability status and avoid potential inheritance tax issues?
July 16th, 2023
My wife and I are both 1099 independent business owners with World Financial Group. They only pay out to our personal bank accounts since we can only connect our SSN numbers instead of an EIN number of a corporation into their system. We are projecting our 2023 year net income to surpass 60K. Can we set up an S Corp and have all the 1099 personal income earned with World Financial Group pay to our S Corp, have the S Corp pay my wife (an owner-employee) a reasonable salary, and have the S Corp pay out all the expenses? When filing the 1040 form, would it look like this: Schedule C with income from World Financial Group commissions and an expense for the management fee paid to the S Corp, and Schedule K-1 with income from sales management and expenses including payroll for my wife and other additional expenses? On Schedule C, we would be net zero as married filing jointly, and on Schedule K-1, we would have net income where we distribute this net income without worrying about social security tax. Is this a legitimate practice and will it not cause trouble with the IRS?
September 28th, 2023