re: tax accountant

If we meet with an accountant and are planning to use him until he shows incompetence and we decide not to use him can he bill us ($ 200.00 )even if taxes weren't completed.

Reporting Ebay Sales on Income Tax Return

Hi, I'm new to selling on ebay, and I don't expect to make any huge profits, possibly $2,000.00 per year just to get rid of some extraneous clutter. I've heard so many different views on reporting ebay sales on your tax return, some say Ebay themselves report it so you don't have to, others say you have to go above a certain amount to report it, etc. Does anyone have the correct answer pertaining to both Federal and State tax returns? I've tried searching the knowledge base but came up zero. Thank you for your time.

Maryland Statute of Limitations

Does the state of Maryland have a statute of limitations when it comes to back taxes? I had a tax company to prepare my taxes electronically but Maryland is stating they never received them for 2001, 2002, and 2003. I asked for some documentation but they told me to call the IRS since this is where they received their information. The amount that they are taking each pay period is too great. So much that I cannot afford to remain where I'm currently living.

HELP!!!

taxability of gifts or inheritance

Years ago my brother made me co-owner of certain of his US savings bonds, intending to leave them to me upon his death. Recently, upon being diagnosed with Alzheimers, he decided to give the bonds to me now. As co-owner, I have cashed the bonds. Is either or both the purchase price my brother paid for the bonds or the interest accrued taxable to me on my Federal or California tax return?

payroll taxes

What is the penalty for not turning in

payroll taxes on time?

private fund raising

We have a friend who is undergoing brain surgery and extensive chemo which has taxed their resources to the breaking point. A large group of friends would like to hold a fundraiser to help the family. Are their legal ramifications we should know about and is there a possibility that donations can be tax deductible? We feel we'll get more donations if they are. Please help us understand what we should/can do. Thanks very much.

overseas property taxation

I have condo overseas.

Recently I moved to USA and I would like to sell my condo there and transfer money to US bank.

Does this money consider as taxable income ?

Employer Filed State Tax Info Wrong

My Employer filed me as head of household, even though upon hiring I noted that I wanted married withholding as single, and 2. Now I owe the state $800. Is my employer at fault, and can they be held responsible for this?

Unpaid back taxes

I owe the state of mass. And

the irs unpaid taxes filed for

back in 1999-2002 is there a

statue of limitations for them

to collect?

Irs

What is statue of limitations the IRS has to collect income tax owed? Is it 10 years from assessment date? Thanks for your help.

Now Divorced. Missing alimony (by my ex) 3 years ago.

I got a letter from IRS regarding a joint tax return I filed in 2005 with my (then) spouse. The IRS letter claims that there is an alimony payment (from my ex's previous marriage) missing and now that they have adjusted the return, there is a balance of $1.5K+ that needs to be paid.

1. Why did I get this at my new address? I am divorced and live in another state now (than my ex). Did she get this form as well? It is addressed to Mr. and Mrs X Y but with my new address that I used with my 2008 return. (I do not have any contact info or address for her at this point).

2. This was a short marriage that ended in a nasty divorce. Am I responsible if she misrepresented her alimony (she told me she was only getting a child support) on our joint tax returns? What happens if she does not pay? (In our short marriage, we had kept our finances separate and paid our portion of the taxes)

What should I do? Should I call the IRS agent and explain the issue and that I do not know where she lives now. Should I forward this letter/package to her previous address, hoping that she has mail forwarding. What should I do? Thank you in advance.

taxes / constitution

ive been a parner in a llc for 7 yrs . , paid state taxes to IL. , Wis contacted me and said i owe them taxes , they went thru all 7 yrs tax returns and came to an ammount which i paid . IL will not refund 2 yrs of taxes stating ''statute of limitations '' thus forcing me to pay state taxes twice on the same money .... is this legal , it was my understanding that paying taxes twice on the same money was unconstitutional . what recourse do i have ?

My tax man messed up...

I had my taxes done last year and when he did them he forgot to add my wifes EIC to it. Now we owe $1000 plus $400 in penalties, interest etc. Is there anything that I can do?

Tax Return

I have custody of my 12 year old son. In the original parenting agreement it states that his mother and I will alternate years to claim him. In 2007 she paid child support but has not seen him since Nov of 2006. Does she have a right to claim him for the year 2007??

Tax Lein and Renting

I am located in Cook County, IL and I need a house in a different school district for my son. We are going to be renting our home in a different township out and rent a home in the new school district. On our current house there are some tax leins. We have been told by our realtor that if we rent out our house and change our address to both there will not be any problem. Will there be a problem with this?

roth ira

can i cash in a roth ira w/out tax liability?

federal income tax question

Can an Attorney find out if you havent filed Income tax in the past?

Income tax law

We did not pay our income tax from '93 to '03. We did an Offer in Compromise and were turned down because of the value of our home. The IRS shows us owing approx. $600K and has liens against our home. We have filed returns from '04 on and paid the tax.

1st question: Can the IRS sell our home out from under us?

2nd question: Can we sell our home for what we owe on it?

We would like to find an excellent Tax Attorney in Oregon, preferrably in So. Oregon.

Thanks for any help.

Taxes not filed from trust disbursement.

I am on permanent disability - SSI - and receive a trust disbursement 2 times a year - never more than $3500 at a time. I do not file taxes and have never claimed this money. I'm extremely low income. Can I get into trouble?

Irs request for payment

My wife and I filed separate returns in 2005. She passed away in 2006. I filed her return for 2006. The IRS send a letter in both our names but only her SSN shown stating that money is owed for the year 2005. Am I responsible for this debt?