Taxes
What is a Covell Agrement?
What is a cavelle? agreement. When an audit is performed in conjunction or under a Cavelle? Covelle Agreement?
In your Tax Evasion Essay you sugest hire a former CID agent. How do I do that?
In your Tax Evasion Essay you sugest hire a former CID agent. How do I do that?
What Are My Tax Liabilities for Property Given by a Gift Deed?
My father gave his home to my brother & I via a 'Deed of Gift' 4 yrs. ago. The Fair Market Value at that time might have been $60,000. We have sold the house for $54,000 and will net about $24,000 each after closing costs & realtor fees. What are the Federal income tax points that we need to be aware of? Do we each have a $24,000 capital gain or a $3,000 capital loss?
Can A Corporation Claim a First Time Homebuyer Credit?
we have a business under a C corporation and plan to purchase a residential propert with a house on it with seller financing. as a corporation would we be able to get that $8,000.00 stimulus as a first time home buyer? the business operates on another island.
Is a CPA Liable for Not Telling of Tax Implications?
A CPA resposible for a client's financial reporting fails to advise the client of the tax implications of a foreign sourced mortgage as related to withholding taxes and thin rules of capitalization. The taxing authority conducts an audit, finds deliquencies over several years, demands payment in full for several years taxes and assesses interest charges and penalties to the client.What category of charges or claims, if any, can be made on the erring CPA?Thank you.