Credit Card for People With Bad Credit Home Loans Mortgages,Refinance,Auto Loans,Dept Consolidation,Private
I earned 16K in independent consulting fees for work performed during January 2009. I did not receive the fee until beginning of March 2009. Since no withholding taxes were deducted, I believe that I owe the IRS taxes but I don’t know what forms are necessary. My friend told me to just send the IRS a check for 35% but this doesn’t seem right to me. Can anyone help please??? Thanks.
I earned 16K in independent consulting fees for work performed during January 2009. I did not receive the fee until beginning of March 2009. Since no withholding taxes were deducted, I believe that I owe the IRS taxes but I don’t know what forms are necessary. My friend told me to just send the IRS a check for 35% but this doesn’t seem right to me. Can anyone help please??? Thanks.
I have little over $27,000 debt. My mother let me borrow money to payoff these debt. I have 3 accounts and 2 accounts has been sued. My question is
1. Do I have to report to IRS to getting money?
2. Do I get 1099?
Please help!
We are trying to negociate 50,000 credit card down to 25,000. Is it true that you need to pay taxes on the amount settled to the IRS. See post below:
“Do you have the settlement amount in full? When you try to negotiate settlements, often times you need to have enough
funds to make large payments. Additionally, be aware that any “forgiven” debt by the OC is considered taxable income by the IRS”
You can request an Offer in Compromise(OIC). When you file an offer in compromise, you are asking the IRS to accept a fraction of what you owe on your taxes and to write off the rest of your debt. IRS offer a do-it-self kit free. Here is the link:http://www.irs.gov/pub/irs-pdf/f656.pdf.…
Zhicheng Lai
Enrolled Agent
I’m currently living in Australia for a few months. I moved here last November so part of my income for 2006 was from my company in the USA and part was from a company that I worked for in Australia. What forms do I need to use to file my US taxes when I have income from two countries?Also, do I have to claim my overseas income if it was below a certain amount? Thanks.
