Archives: Answers
How Do I Refute/Dispute”Nonemployee Compensation” on a 1099 I received?
To correct a 1099, you would typically sent a copy of the 1099 with your filing, correcting the information such as “non…
What About IRS Enforcement?
I wouldn’t worry about it too much. They were all hired as special agents, who are tasked with crimes like tax fraud…
10K Transaction Reporting
This requirement exists in two places. In title 26 under the internal revenue code in section 6050I. There is a penalty associated…
How to ask HR to set you up as Exempt from Federal Taxes
There are a few options, but it will depend on your employer. Unfortunately most of them refuse to learn the law because…
Property sale
1) You need to learn the tax code and understand why it is or isn’t taxable. Join the mailing list for some…
LLC corporation
Whether or not a business or organization is an LLC doesn’t really determine whether it has to pay taxes. Whether it’s owned…
Can I be charged with a crime by not filing?
The short answer is yes, but it is very limited. There is a crime called “willful failure to file”, which is punishable…