I own an LLC in California and have not filed taxes since 2008. I owe both state and federal taxes for the LLC and personally. I would like to set up a payment arrangement with the IRS, and I believe that I owe at least $100,000. Will the IRS accept an arrangement from me, and what would be the best way to go about getting that done?
April 5th, 2024
In Sept 2012, I moved from Texas to NJ and worked with a property manager in Texas to complete a Rental Makeready to convert my home to a rental property. A tenant took occupancy in Jan of 2013. Am I able to deduct makeready expenses from 2012 for a rental property that did not earn until 2013?
July 19th, 2023
I received a settlement on a wrongful death lawsuit. Do I have to pay taxes on this money?
June 5th, 2024
What are the consequences of under-reporting income on my father's 2011 tax return, which is currently in probate, if the error is discovered?
August 25th, 2023
How should my W4 be filled in if I live in NJ, work in New York City, am not married, and have no dependents?
November 1st, 2023
I e-filed my federal tax return with the wrong bank account number on Turbo Tax. What should I do to fix it?
December 10th, 2023