In the state of Tx, Was my self insured employer supposed to tax my WC income for the year?
I was injured as well as on WC for 90% of 2016. My W2 shows the complete year of wages was taxed including WC. Now I'm confused if I am assumed to claim my WC income on my tax return.
What is the proper way to handle a buyout of another person's share of a house inherited through a trust?
If two people inherit a Calif. house and some cash (from a trust) and they agree that one of them will buy out the other's interest in the home, how will that transaction be handled and taxed. There is inadequate cash in the bequest to use to counter the buyout, so it will require a personal check from party A to party B to compensate them for their share. Because the home was inherited at present market value and therefore no taxes due would this be a sale at zero value? Could the trustee (and beneficiary - Party A) who'll be doing the buy out simply transfer possession of the property directly to herself and compose a private check to the other party, or what are the proper measures? I understand the authorities will be questioning a sizable check written to some other individual. Would a personal check to the person that is other then create a taxable event instead of an inheritance for them? (So much red tape, so little time.)
I received a "Notice of Intention to File an IRS 1099-C Form"
This notice was from a CA law office who said it was the legal owner of the debt (not representing a client). There was a 1099-C form for an 2017 event comprised, along with a settlement offer. A report filed together with the State Attorney General promptly to be prudent. I just moved from MI to OH, along with the letter was forwarded from my MI address. The account was supposedly charged off in 1999. I have been questioning this account for a long time, also it keeps bouncing between collection agencies. The account never existed, and also the initial lender doesn't have any knowledge of the report. I was contacted about the debt in the middle of last year by another collection agency, whom I disputed it with. Prior to that, I learned nothing for years. I'm prepared to send a letter of dispute to this law office, but my understanding is that the FDCPA does not consistently apply to this situation. Any advice on the next steps would be greatly appreciated! Thank you.
MY child support is in Florida and I live in another state can child support still take my income taxe money arrears?
And also I don't comprehend how federal money can be taken by a state from me
Do I have to pay FTB fees?
Hello, I was wondering if someone can help me with this. I started a corporation in 2014 and since then have amassed fees to the Franchise Tax Board when I didn’t understand better. I did not do anything with the business, and I owe approximately about 4k in back fees. I recognize that that money is owed by the corporation and it's going to keep going up yearly. The corporation is now frozen due to back fees. What should I do? I really can’t manage to pay. If I merely don’t ever pay, what can the government do to me? Can they take my private stuff? If I decide to start a business, will this change my business in the foreseeable future? What can happen to somebody who doesn’t ever pay, and what're stuff I can’t do personally if I just let the suspended corporation is built up on by the taxes?