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Auditing/Questions Answered by Expert Richard Stolp
| Subject | Date Asked |
| IT Auditing | 1/15/2012 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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. ... | |
| help for the employeR | 6/22/2010 |
| 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 |
| 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 ... | |
| SS-8 Decision | 3/4/2010 |
| 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 ... | |
| Bad to Worse | 9/2/2009 |
| 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 |
| 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 |
| 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 ... | |
| A Q | 8/13/2009 |
| 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 ... | |
| Request for your opinion | 8/4/2009 |
| Q: I am Salim Shahi, working at Hyderabad for one reputed organization since 28.07.08. Due to some ... A: Are you at work in the US? I'll review US general practices. You are correct that you may quit your ... | |
| Sales and Use Tax-Florida | 6/15/2009 |
| Q: I own a cleaning company in Florida. I recently received a notice stating I was being audited by the ... A: I would call the Florida State Dept of Revenue and talk to them about how to solve your balance due. ... | |
| Is my Accountant negligent in this matter..... | 6/9/2009 |
| Q: I was audited for tax years 2005 and 2006 and the matter was settled/resolved by my accountant in ... A: Best of luck on resolving this with your CPA. I hope he surprises you with his answer. One minor ... | |
| Is my Accountant negligent in this matter..... | 6/8/2009 |
| Q: I was audited for tax years 2005 and 2006 and the matter was settled/resolved by my accountant in ... A: I'd be happy to give my opinion, but it's only that. From your side of the story it sounds like you ... | |
| tax | 4/7/2009 |
| Q: Last month I received chapter 7 bankruptcy. I just did my taxes and found out I owe 2,700 to the ... A: You'll have to ask the judge/your lawyer if you can include the taxes in your bankruptcy. My ... | |
| C Corp. | 11/22/2008 |
| Q: I have a small C corp. I own a trucking business and own a shop that I do all the work on my truck ... A: For you the rent needs to be shown two ways. First it can be shown as a business expense. Second, ... | |
| state and irs audit | 11/13/2008 |
| Q: Does the state and irs compare information on an audit? Sent state documentation and now IRS is ... A: I can give you my experience, but I don't have absolute knowledge. In general, my experience is no, ... | |
| Tax Resources, Inc. | 10/23/2008 |
| Q: I prepare all my own tax returns using Turbo Tax, including business taxes. For the past 6 years or ... A: Good question. I can only give you my opinion, there is no way I can vouch for any company. So, my ... | |
| Payment Plan Appeal | 9/10/2008 |
| Q: I applied (and I used an attorney that did not really helped) for a payment plan with the IRS. The ... A: Because of the amount you owe it is critical that your financial review is correct and that it has ... | |
| Payment Plan Appeal | 9/10/2008 |
| Q: I applied (and I used an attorney that did not really helped) for a payment plan with the IRS. The ... A: I would call the IRS (800-829-7650) and tell them you would like to review your payment options and ... | |
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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