I am going through an audit for Arizona for 2011 and discovered that my old tax preparer used my 2010 expenses verbatim for 2011, which may have triggered the audit. I moved to Idaho in 2013 and filed a partial year AZ return for 2013. My new CPA in Boise discovered this issue and my business taxable income jumped from $25k to $50k. I would like to know how they normally treat this, if 2011 is the farthest they can go back, if amending for 2011 means they will audit 2012 and 2013, and how far back the IRS can go. I am also concerned about the potential tax liability and whether I can afford it.

January 9th, 2024

I am using TurboTax software installed on my computer, but I cannot access some programs due to a password issue. I do not remember the password. Can you assist me?

February 12th, 2024

I’m selling real estate in Hawaii. I’m a non-resident of the state. Can I recover the tax paid if no income is earned in Hawaii and owe no Hawaii income tax?

February 3rd, 2023

I own land with my father and brother (1/3 each) in VA. My father receives $13,500 from someone using the land. I received a tax bill for $4,500 (1/3 of the money) last year and expect the same this year. Since I receive no money, I plan not to pay the bill. My father has a General Power of Attorney from me that covers until AUG15 which allowed for this to occur. Additionally, I am in the military if that impacts this scenario. What actions can I take to rectify this matter aside from talking with my family?

November 21st, 2023

Setting up a US firm this year, what do I have to be careful about regarding tax and employee salary? Specifically, I don't understand 401(k) plans and if they are mandatory.

August 1st, 2024