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Auditing/Questions
| Subject | Date Asked | Expert |
| settlement ... Taxes on ? | 1/27/2012 | Richard Stolp |
| Q: I LISTED THIS AS PRIVATE BECAUSE WHAT IM WRITING IS EASY TO FIGURE OUT WHO ITS COMING FROM AND THEY ... A: You have asked a lot of questions. In general, the IRS is not going to worry about taxes owed on ... | ||
| settlement ... Taxes on ? | 1/26/2012 | Richard Stolp |
| Q: I LISTED THIS AS PRIVATE BECAUSE WHAT IM WRITING IS EASY TO FIGURE OUT WHO ITS COMING FROM AND THEY ... A: Victor, My take is that your prior employer will take out the same percentages that they used to ... | ||
| IT Auditing | 1/15/2012 | Richard Stolp |
| Q: I am a 30 years old male.I have worked in IT for 1.5 years and currently working as a Network ... A: Ahmad, Your question is a bit out of my expertise. If it were up to me - with a year and half in my ... | ||
| W-9 form request from tenant | 1/14/2012 | Richard Stolp |
| Q: A tenant of my residential rental property has just requested a W-9 from me. I file this rental ... A: Gabe, You are right to feel uncomfortable in giving anyone your social security number. I can't ... | ||
| Retirement Account Transfer | 10/12/2011 | Richard Stolp |
| Q: A few years ago, I transferred from one employer to another, and though both of them do have ... A: My suggestion would be to file an amended return for that year and include copies of all your ... | ||
| 2010 TAXES | 7/14/2011 | Richard Stolp |
| Q: i have a question about my corporation. I formed the corporation back in December 2008. I did file ... A: If there was no activity - no profits, 1099's generated, etc. - then technically you don't owe a ... | ||
| Can I audit a business? | 7/8/2011 | Richard Stolp |
| Q: I was called a "partner" though I believe it may be an affiliate...not sure of the difference. I ... A: you are probably asking the wrong person - I'm an expert if you owe the IRS. My experience says that ... | ||
| TAX audit - stock sales | 6/22/2011 | Richard Stolp |
| Q: I got a tax audit for my 2009 tax return. In 2009 I had bought taxes worth 14 thousand and sold for ... A: The IRS has no idea if you made money or not on stock transactions - the brokerage sends the IRS ... | ||
| claimable deductions | 6/20/2011 | Richard Stolp |
| Q: Stolp, I was recently employed by as a special events designer of jewelry traveling the West ... A: You should be able to claim most expenses on the road. If you were on company business - like ... | ||
| Transaction over $10000 | 5/21/2011 | Richard Stolp |
| Q: I sold my car last year for $13k and deposited the cashier check as so. Now I just learned from the ... A: As far as my experience - I would not take any action unless you got a formal request from the IRS. ... | ||
| High School Booster Club | 4/10/2011 | Richard Stolp |
| Q: I was recently appointed treasurer of our High School Booster Club in NJ. I was expected to deposit ... A: Yes, lots of politics. Our local high school had some very difficult days after the person accepting ... | ||
| tax payments | 4/9/2011 | Richard Stolp |
| Q: i had deliquent taxes and they caught up with me last year. I owed about 25,000 I have the balance ... A: Sorry I was out for a long weekend. Basically, yes, you can roll your new balance due into the old ... | ||
| us tax law | 1/30/2011 | Richard Stolp |
| Q: I owned an LLC dental practice that I sold in 2006. I was sued by an employee in 2004 and finally ... A: Sorry, you are a bit out of my expertise. I would assume you could file an amended 2006 return and ... | ||
| tax protection | 1/26/2011 | Richard Stolp |
| Q: I am finishing up a divorce from a man who was self employed. I was told that we never had any ... A: First on your ex's income. Lots of self-employed people show much less taxable income because the ... | ||
| Delinquent Employment Taxes and POA | 1/19/2011 | Richard Stolp |
| Q: I have a question. My father-in-law is 91 with COPD and sleeps about 20 hours a day. My ... A: Here is my take on the reality of the situation. The IRS operates mostly on the honor system, so if ... | ||
| Delinquent Employment Taxes and POA | 1/18/2011 | Richard Stolp |
| Q: I have a question. My father-in-law is 91 with COPD and sleeps about 20 hours a day. My ... A: In theory your father-in-law needs to fill out the schedule H if he has paid over $1400 for your ... | ||
| creative accounting | 10/21/2010 | Richard Stolp |
| Q: how would i go about finding a "creative" accountant? not looking to do anything illegal, but to ... A: I'm not sure "creative" is the word I would use. Mine would probably be along the lines of looking ... | ||
| 501c3 orgs | 9/17/2010 | Richard Stolp |
| Q: Is it possible for the general public to request a 501c3 organizations financial statements? If so, ... A: I answered that your question is out of my expertise. However, my experience says that you can ... | ||
| fear of owing IRS | 8/14/2010 | Richard Stolp |
| Q: Closed my psychiatric practice in debt (put money into an unfinished & unused record keeping ... A: 1. It doesn't sound like you have received any notices on your 2007 and 2008 returns. Assuming you ... | ||
| auditing | 8/5/2010 | Richard Stolp |
| Q: I just received a bill from the Florida juvenile justice. They said they were doing an audit and ... A: While I don't have any knowledge of the Florida laws on collections - I can give you general advice. ... | ||
| ICWAI Career | 7/1/2010 | Consuelo Herrera, International Accountant and Fraud Examiner |
| Q: I am doing my B.Com and ICWAI simultaneously. Just now I have completed my B.Com 2nd year and also ... A: Congratulations on your achievements. Having that mix of skills is a great for career advancement. ... | ||
| help for the employeR | 6/22/2010 | Richard Stolp |
| Q: do you know where i can find an accountant and attorney that specializes in working FOR the ... A: I would try these: First I would call some other businesses like yours and see who they use. Next I ... | ||
| Accept a potential audit client? | 5/25/2010 | Richard Stolp |
| Q: If a potential audit client has good references, is respected, shows nothing negative on the Dun & ... A: This is a little out of my league. I assume you have met the principles - sounds like you have some ... | ||
| Audit opinion | 3/21/2010 | Don Sadler |
| Q: Hope you can assist me on this audit issue, Let's say if you have finished the entire audit process ... A: Stephanie, Since my profile is clear about me helping with internal audit questions, I assume you ... | ||
| SS-8 Decision | 3/4/2010 | Richard Stolp |
| Q: I was being paid in a personal check from a home construction company and was told they were ... A: Yes, the IRS is very slow. I would write a letter and explain how long you have been waiting and ask ... | ||
| auditing | 2/17/2010 | Consuelo Herrera, International Accountant and Fraud Examiner |
| Q: Who can request an audit? Can i request this on an ex spouse personally or do i have to have it done ... A: With respect to your question, my best suggestion is that you hire a forensic accountant to ... | ||
| Help | 11/21/2009 | Consuelo Herrera, International Accountant and Fraud Examiner |
| Q: I want to ask some questions to you related to my study. please help me. 1.Write short note on ... A: Sorry but I cannot answer your questions because it would undermine your responsibility as a future ... | ||
| CFE Cannot find work in field | 11/9/2009 | Consuelo Herrera, International Accountant and Fraud Examiner |
| Q: I am a Certified Fraud Examiner and I will be completing the Executive M.S. in Economic Crime ... A: I am amazed that with your background you have not yet found a position helping fight financial ... | ||
| Auditor's certificate | 10/27/2009 | Consuelo Herrera, International Accountant and Fraud Examiner |
| Q: What is Auditor's Certificate? How does it differ from Auditor's Report? In what circumstances it is ... A: You will find these questions in a very detailed manner by visiting the IIA (The Institute of ... | ||
| accepting client engagement | 10/26/2009 | Consuelo Herrera, International Accountant and Fraud Examiner |
| Q: I have an upcoming assignment where I am the audit partner in an audit engagement. Can you explain ... A: Before an auditor accepts an engagement he or she has to exercise due diligence. It means, finding ... | ||
| Auditing | 10/5/2009 | Consuelo Herrera, International Accountant and Fraud Examiner |
| Q: What are some legitimate business practices that corporate executives can use for the primary ... A: Manipulating earnings is usually detrimental for the organization and for the auditors as well. ... | ||
| audit partner | 10/2/2009 | Consuelo Herrera, International Accountant and Fraud Examiner |
| Q: I have an upcoming assignment where I am the audit partner in an audit engagement. Can you explain ... A: The term audit partner refers to a person who is a member of the audit engagement team (who has ... | ||
| audit plan | 9/26/2009 | Consuelo Herrera, International Accountant and Fraud Examiner |
| Q: what is the audit plan of legal and repair&maintenance expenses for company? A: The audit plan is the same regardless of the account you are auditing. A good approach could be: • ... | ||
| Auditing | 9/21/2009 | Consuelo Herrera, International Accountant and Fraud Examiner |
| Q: How long after an employee leaves contractor A is it ethical to perform a financial audit of ... A: Coupled with ethical matters is the contract clause that states how long you are prevented for ... | ||
| INTERNAL AUDIT AND IT AUDIT | 9/7/2009 | Consuelo Herrera, International Accountant and Fraud Examiner |
| Q: what are the steps involved in auditing A: The steps involved in auditing are: 1) Pre planning the engagement 2) Learning about the client and ... | ||
| Bad to Worse | 9/2/2009 | Richard Stolp |
| Q: Stolp, I've been audited. I'm a fairly new entrepreneur; in 2005 while earning a BSEB degree I ... A: Sorry for the tough times. I would still take a few deep breaths and send a letter to the IRS. The ... | ||
| Bad to Worse | 9/2/2009 | Richard Stolp |
| Q: Stolp, I've been audited. I'm a fairly new entrepreneur; in 2005 while earning a BSEB degree I ... A: Is it just the mileage the IRS doesn't like? If you put, say on average, 75 miles a day on your ... | ||
| Bad to Worse | 8/30/2009 | Richard Stolp |
| Q: Stolp, I've been audited. I'm a fairly new entrepreneur; in 2005 while earning a BSEB degree I ... A: WCM, I would call the number on your notice and ask what your options are. I would also search the ... | ||
| School Activity Account Audit and Booster Club Audits | 8/26/2009 | Consuelo Herrera, International Accountant and Fraud Examiner |
| Q: I have requested an audit done on our Dance Team Booster Club...this organization in its bylaws ... A: If this organization is has a non tax exempt, they must be in compliance with IRS regulations. You ... | ||
| A Q | 8/13/2009 | Richard Stolp |
| Q: I am American citizen working overseas in a foreign country at this time. I started working overseas ... A: Sam, You must work overseas for a full year, I believe the number of days is 330, or you receive no ... | ||
Auditing
Richard Stolp
Top Expert on this page
Expertise
Questions about the collection of taxes. I spent six-plus years in Collections with the IRS and spoke with over 20,000 people. Tax levies, liens, Offer in Compromise, unfiled tax returns, payment/filing options.
Experience
Over six years with the IRS in Collections - recently retired. Handled thousands of cases - mostly for regular people that owed anywhere from a few hundred dollars to over $100,000.
Publications
I have a blog at www.sallymae.typepad.com/collections
Education/Credentials
Masters Degree from Iowa State in Ames.
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