69 legal questions have been posted about taxation by real users in Missouri. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include estate and gift taxation, income tax, and tax audits. All topics and other states can be accessed in the dropdowns below.
Missouri Tax Questions & Legal Answers
Do you have any Missouri Tax questions and need some legal advice or guidance? Ask a Lawyer to get an answer or read through our 69 previously answered Missouri Tax questions.
Answered 10 years and 6 months ago by Edward L. Armstrong (Unclaimed Profile) |
1 Answer
| Legal Topics: Tax
You cannot "change" a tax lien. You need to contact the taxing authority (either the IRS or (if you live in Missouri) the Department of Revenue. Tax liens are only recorded when there is a significant balance of taxes owed to the taxing authority.
You cannot "change" a tax lien. You need to contact the taxing authority (either the IRS or (if you live in Missouri) the Department of Revenue. Tax... Read More
Answered 11 years and 10 months ago by Edward L. Armstrong (Unclaimed Profile) |
1 Answer
| Legal Topics: Tax
The release of a federal tax lien for a particular year is an indication that the IRS considers the debt for that years' taxes satisfied. If you pay off each of those years for which you owe federal taxes you should receive a notice of release. Remember that tax liens are recorded in the office of recorder of deeds for any county in which you own real estate.... Read More
The release of a federal tax lien for a particular year is an indication that the IRS considers the debt for that years' taxes satisfied. If you pay... Read More
Answered 12 years ago by Ronald Karl Nims (Unclaimed Profile) |
2 Answers
| Legal Topics: Tax
If your monthly payment is $371, this represents income of only $4100 a year. To determine the appropriate amount of tax, you need to estimate your total income for the year. For example, if your total income will be $100,000 then you will be in the 28% bracket and you'll need to withhold $1150 to cover your tax liability.... Read More
If your monthly payment is $371, this represents income of only $4100 a year. To determine the appropriate amount of tax, you need to estimate your... Read More
Answered 12 years ago by Ronald Karl Nims (Unclaimed Profile) |
2 Answers
| Legal Topics: Tax
File a 2013 income tax return showing -0- income along with your W-7. Along with the return, send a letter explaining that you'll have income from a US rental property in 2014 and that you need the ITIN for a third party.
File a 2013 income tax return showing -0- income along with your W-7. Along with the return, send a letter explaining that you'll have income from a... Read More
Answered 12 years and 2 months ago by Norman Harry Green (Unclaimed Profile) |
2 Answers
| Legal Topics: Tax
Refund probably would be taken. Consider filing separate for now. Then, until April 15, 2017, you can file an amended return and switch to joint, which probably would save you money.
Refund probably would be taken. Consider filing separate for now. Then, until April 15, 2017, you can file an amended return and switch to joint,... Read More
You are right that you are not liable for his pre-marital debts. However, the IRS could come lien and take any property that he owns including his interest in joint property at any time including after you are married. Best idea for him is fix his old tax problems first, then get married. If he is poor, he can file an offer in compromise and pay less than the full amount. Probably to a very good idea to have a pre-nuptial agreement in all events. If he is starting out with money problems, there may be others in your future.... Read More
You are right that you are not liable for his pre-marital debts. However, the IRS could come lien and take any property that he owns including his... Read More
Answered 12 years and 5 months ago by James Noah Cover (Unclaimed Profile) |
2 Answers
| Legal Topics: Tax
There are a lot of reasons for going with an LLC for ventures involving real property - taxes and liability protection being two. That said Doing it wrong could be costly so strongly recommend having an attorney assist you.
There are a lot of reasons for going with an LLC for ventures involving real property - taxes and liability protection being two. That said Doing it... Read More
Answered 12 years and 7 months ago by Thomas Corcoran Phipps (Unclaimed Profile) |
1 Answer
| Legal Topics: Tax
It is legal. If you are paying for the car, and he does not pay you back, you are making a gift. If the dollar amount is large enough, you may have to file a federal gift tax return.
It is legal. If you are paying for the car, and he does not pay you back, you are making a gift. If the dollar amount is large enough, you may have... Read More
Answered 12 years and 7 months ago by Thomas Corcoran Phipps (Unclaimed Profile) |
1 Answer
| Legal Topics: Tax
I am not licensed in Pennsylvania. If you go to the Pennsylvania Secretary of State website, they should give instructions on what you have to do to keep the LLC in good standing.
I am not licensed in Pennsylvania. If you go to the Pennsylvania Secretary of State website, they should give instructions on what you have to do to... Read More
Answered 12 years and 7 months ago by Mihaella Cornelia Smith (Unclaimed Profile) |
3 Answers
| Legal Topics: Tax
You may need to amend your OIC if your financial profile has changed. I recommend speaking with an attorney who specializes in OIC's to help you determine how your new income affects your settlement amount. If you or your attorney is in communication with the IRS, the chances of the IRS seizing your SSDI payments are very low.... Read More
You may need to amend your OIC if your financial profile has changed. I recommend speaking with an attorney who specializes in OIC's to help you... Read More
Answered 12 years and 7 months ago by Russell Jackson Cornell (Unclaimed Profile) |
2 Answers
| Legal Topics: Tax
Based upon the facts that you have provided, I do not believe that you should have any gift tax liabilities. The bank may be requesting you fill out a return in order to satisfy its reporting obligations in the event that the share of the house received was not equal to the consideration granted. If no gift is being made and the bank is requiring a return, it should be sufficient to file a return reporting a $0 gift.... Read More
Based upon the facts that you have provided, I do not believe that you should have any gift tax liabilities. The bank may be requesting you fill out... Read More
Answered 12 years and 7 months ago by Thomas Corcoran Phipps (Unclaimed Profile) |
1 Answer
| Legal Topics: Tax
You can deduct taxes. You can't deduct security deposit, because you will get that back. If you lease the car for business purposes, you can deduct the ordinary and necessary expenses incurred for that vehicle.
You can deduct taxes. You can't deduct security deposit, because you will get that back. If you lease the car for business purposes, you can deduct... Read More
Answered 12 years and 8 months ago by Tony Mankus (Unclaimed Profile) |
3 Answers
| Legal Topics: Tax
The donor can deduct the $7,500.00 donation on his tax return ONLY if you are registered as a 501(c)(3) organization. Otherwise, it's a non-deductible gift to you.
The donor can deduct the $7,500.00 donation on his tax return ONLY if you are registered as a 501(c)(3) organization. Otherwise, it's a... Read More
It depends how you took title. If you took title to you and your girlfriend, without any more stated or as tenants in common or as joint tenants, then you could file a partition action to ask the court to order the property sold. You might or might not get what you want. If you took title to you and your girlfriend as joint tenants with full rights of survivorship, then no, you're out of luck.... Read More
It depends how you took title. If you took title to you and your girlfriend, without any more stated or as tenants in common or as joint tenants,... Read More
Answered 12 years and 8 months ago by Thomas Corcoran Phipps (Unclaimed Profile) |
1 Answer
| Legal Topics: Tax
You should have a Nevada licensed attorney help you. The attorney can set up the corporation and obtain a tax identification number from the IRS for you. You can check with the Nevada state bar to find the name of an attorney.
You should have a Nevada licensed attorney help you. The attorney can set up the corporation and obtain a tax identification number from the IRS for... Read More