To fill out tax return form do i need an accountant? |
The business i do is very small, i hardly make any business in terms of cashflow. So i wondered if i still need an accountant to fill this tax return form out.
If you are a small business ... |
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H&R Block made a mistake on my state tax return. Is there anything that can be done? |
| My state taxes I received were about $2,400 less that H&R Block told me I would receive. Is there anything I can do about this...and no, I did not purchase the peace of mind ... |
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If i filed taxes but the person who prepares didn't send them in what do i do? |
| 2007-2008 i filed taxes and i did what i was supposed to do but the person who did the filing to the i.r.s did not send last years and this years forms some irs guy showed up at my house..any advice ... |
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If I earned less than $5 interest on my savings account should I amend my return if I forgot to report it? |
| My 1099int was online and I didn't think to look for it before I filed. Now I realize that I have less than $5 interest income that I did not include on my return. Should I amend the return, ... |
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If i deposit $25,000 into a bank account from online gambling winnings, will it be audited by the irs? |
| i placed a $170 wager online for a team to win the championship, and the payout is $25,000 if they win it all. it might be unlikely, but if i do win will the large deposit draw the attention of the ... |
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Will I get $300 or $600 tax rebate check? |
| i earned $8919.58 in income, over $700 taken out in federal tax. I received my tax refund check and it was about $680 so I only paid roughly $20 in taxes. Will I get $600 because over $700 was taxed ... |
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Can an American open a bank account in Canada? |
| I'm married to a Canadian and just moved to Canada. I don't have a Canadian tax ID. But I'd like to open a Canadian checking account. Thanks.... |
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Do I have to file jointly if I haven't changed my name with ssn.? |
| I just got married and didn't change my name. How should i file my taxes?... |
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Can I get more in my stimulus check because I had twins in March? |
| I know the economic stimulus checks are based on 2007 tax returns, but I had twins in March which would mean $300 more per child. Is there anyway I could contact someone and get the extra money or ... |
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taurus_0404 | I just found out I owe a LOT of money to the IRS. Is there a way to settle with them to pay a lesser amount? |
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mattapan26
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What you are asking about is called an offer in compromise. They are very difficult to get, but are possible. See the linked publication to figure out if you qualify. http://www.irs.gov/pub/irs-pdf/f656.pdf |
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cork
 |
DON'T BELIEVE THOSE TV ADS...
IRS NORMALLY GETS THERE MONEY..
YOU TALK WITH IRS.... |
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?
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You can set up a payment plan with the IRS or try to find an alternate form of financing.
You must have a serious financial hardship to settle for less than what you owe. |
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Peggy K
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Not usually. But there is a form you can file with your tax return, requesting installment payments.
This is from the IRS web site... www.irs.gov
"How to Set Up an Installment Agreement
Taxpayers wishing to pay off a tax debt through an installment agreement, and owe:
$25,000 or less in combined tax, penalties, and interest can use the Online Payment Agreement (OPA) or call the number on the bill or notice (have the bill or notice available, along with the social security number). A fill-in Request for Installment Agreement, Form 9465, is available online that can be mailed to the address on the bill.
More than $25,000 in combined tax, penalties, and interest may still qualify for an installment agreement, but a Collection Information Statement, Form 433F may need to be completed. Call the number on the bill or mail the Request for Installment Agreement, Form 9465 and Form 433F to the address on the bill.
You will receive a written notification telling you whether your terms for an installment agreement have been accepted or if they need to be modified."
They will generally work with you, and it's a good idea to pay at least a token amount with the request, when you file your return. It won't do you any good to file a request for extention of time to file, because they want their payment when you file the extention request by April 17th. |
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Hope
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There is too much at stake to rely on our answers here. Go and ask the tax preparer, or better yet, a Tax Attorney. |
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?
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No, but if you contact them, they can set you up on a payment plan so you don't have to pay the entire amount at one time. |
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jonborja
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no..they are *******. |
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wwhrd
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Not much wiggle room with them at all. I'd ask your accountant to file every extension possible to buy you some time, but with extensions you'll have to pay some money. Good luck honey!! |
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