asked
What are the tax implications and potential risks of adding my name to a business where the owner retains all IRS tax responsibilities, and how does this affect my liability for the business's existing debts, especially if the owner is financially unstable?
June 15th, 2023
How should I report the Cost of Goods Sold (COGS) for my Texas LLC, which files a Form 1120S and includes COGS for labor, supplies, and equipment leasing, for Texas Franchise Tax Reporting, considering Texas Codes, Rules, Laws, Cases, and all other supporting evidence?
August 14th, 2024
What are the tax consequences if the trustee of a family trust distributes a note receivable from a decedent back to the decedent?
July 10th, 2024
Can tax liens and tax liabilities be discharged through bankruptcy?
May 14th, 2024
Is there anything that can be done to expedite the release of a tax lien for state taxes incurred by my now ex-husband while working in Mississippi? The outstanding taxes were paid 2 weeks ago but the lien is still in place, and this is impacting my ability to close on a house and get a loan.
March 16th, 2024
Dealing with a B&O tax on a commercial fisherman. Seems to be establishing precedence as we cannot find other fisherman who have had to pay this in the past. What is the best method to proceed if believed it is not applicable?
January 26th, 2024