Tax Questions & Advice

Business Tax

• How do I avoid corporate double taxation if I am looking to incorporate a business?
• Is there any difference in tax rates between self employment and small business tax?

Tax Statute of Limitations

IRS and Tax Audits

• If we do not report all our income and over deduct expenses to reduce taxes, what is the risk of an audit by the IRS?

Protecting Assets

• I want to pass my business onto my children after I pass away but want to avoid death tax. Any advice?

Reducing Taxes

• We are going to convert our home into two units and rent it out. Can renovation expenses be tax deductable?
• What is the time limit and statute for filing for a tax refund?

Tax Attorney

Tax Basics

• How does Earning Rental Income through a Vacation Home affect my Taxes? I want to deduct some expenses against that income.
• I am unemployed, almost 60 years old, and need to withdraw early from my 401k. Will there be penalties even if I am in hardship?
• What exactly is a Foreclosure Tax Sale and how do these work?
• Whats the best way to gift a home to my children without a hefty tax liability?
• Would taking an early withdrawal from my 401k cause my tax penalties if I used the funds towards my home?

Tax Evasion and Tax Fraud

• I set aside tax money for contracted work. I paid it, but I am now being accused of tax evasion?
• My financial advisor proposed an idea to recieve income for free lance work over seas to avoid taxes. Is this legal?

Tax Filing Help

• How is Real Estate Tax upon Sale of One of the Properties calculated when you own two homes that you live in?
• My audit appeal has been denied by the IRS. Can I hire a lawyer for federal tax litigation to fight this appeal?
• What is the time frame and limit for the IRS collecting on back taxes from two years ago?

Tax Liens

• How do I dispute and Challenge a Business Tax Lien?
• I am in debt on my mortgage, credit cards, and have a tax lien. If I file bankruptcy, will the tax lien be gone also?
• I have a prior Tax Lien and I am getting married. What are the tax liabilities of this lien in a marriage?
• What are Tax Lien Certificates and how do they work?
• What is a County Tax Lien and how do they work?

Tax Penalties

• We received a penalty to pay $25,000 after being Audited. Is there anyway to fight this or reduce the penalty?