Are CPAs allowed to prepare your income tax return if you live in a different state than the CPA?
While I generally agree with what has been posted on this question before, obviously no one has gone to CPAMobility dot org and typed in Hawaii as the target state. Hawaii does not have mobility. All the other states mentioned adopted mobility. CPAs are still licensed by state, and must abide by rules particular to those states. There is no “national” CPA license.Also, several states require tax preparers to register with that state if the preparers do any number of returns. I believe Oregon is one such state, but that is only what I have read in passing. Some of the preparers doing taxes in 30 or 40 states may be relying too heavily on state tax software plug-ins that are not accurate.Representation before the IRS is available from any CPA, attorney, or Enrolled Agent of the IRS (as well as people in a few other specialized occupations) who has filed a written statement with the Service that you have given them authority to represent you, which may include tax filings. Normally this is the Form 2848. Since that is “federal”, a state cannot prohibit a CPA or attorney from another state from being the designate.
I made less than $4000 last year do I need to file state taxes in colorado?
You're thinking about the filings in a wrong light.Non-filing carries an automatic assessment and a violation (penalty), up to and including incarceration.Filing relieves you of the liability.Your income, if you've worked either on a consulting or an employee basis (whether it's active or passive income), this is reported to the state by the companies who have paid you.Now, the state will check those records against what you are submitting - no submission from you means a willful and deliberate breaking of the law (meaning you are fine with the penalties for breaking this law).
Tax Form for Payroll: Claim Myself???
If your parents still claim you (ask them) claim 0. If you will be filing your own tax return you should claim 1 so that taxes are withheld. This is the safest way for you. You may get a refund but even if you don't you will not be stuck paying a large tax bill.. and DO be sure to file at year end EVEN if you owe and can not pay! It is better to file the return and pay later as NOT filing will get you a 100% of tax amount due penalty added to your tax. IE: you owe $100 in taxes and you do not FILE a return you will now owe $200 plus interest. From an Accountant
What happens when both parents claim a child as a dependant.?
If you try to claim her, it will go through. In about a year or two the IRS will send you a bill for the difference. Everything is electronic and if your ex-wife claimed your daughter then the IRS isn't going to allow you to also get a deduction. When your deduction is denied by the IRS you will be given the opportunity to argue your case. Good luck.
What happens when I file bankruptcy?
Personal Bankruptcy can be filed 2 ways: Chapter 7, commonly called "fresh start" since all your debts will be cancelled when your case is discharged, which takes between 3-4 mos after filing. Chapter 13 which is a 3 year payback plan that is monitored by the court. Many times it is difficult for people to pay off all their debts in 3 years so people sometimes then are allowed to file chapter 7 after that. That means it is difficult to obtain any credit during the 3 years. The new bankruptcy laws that President Bush signed into law was lobbied (pushed) hard by the credit card companies to pass because it was in their best interest to keep Americans in debt. Think long and hard about filing Bankruptcy. Consult with a competent Bankruptcy Attorney before filing. What the new law means is that you will have to meet an income test relative to your state's average income. Also you may have to attend credit counseling. If you file Chapter 7 Bankruptcy your debts will be "discharged" and you will be able to get credit again, but you will have to have a different strategy than most people. Good Luck
VA 100% disability question?
You can file a new claim through who ever you have helping you with your claims like DAV or AM VETS or whomever. You will be sent to their doctors QTC ( same doctors that check for social security ) not VA hospital doctors that will make their medical opinion and then send in their opinion to the VA regional office near you. Then they will decide whether you can be 100% ppermanent and total. I am telling you though. It is hard and almost impossible unless you can't walk or lost a limb or sight. They are cheating my husband right now but making him 90% plus 10% individual unemployabilty putting him at 100% compensation. So he has to get checked up every year so they can see if he getting better. But every year walking just is painful for him since he got hit with an IED and took everything in his back and still has metal in his back to this day. They are jerks and nit picky. Even though they know my husband can't work and barely walk they won't give it to him. Therefore we can't get Champ VA but that's another story. It has to stay permanent and total to receive Champ VA not just IU File your claim and good luck.