AboutRichard Fritzler Expertise Specializing in Business and Corporate taxation. Comparing the advantages and requirements of different business entities, such as Sub-S Corporations, LLC`s, Partnerships (Both Limited and General), Doing Business as a Sole Proprietor, or Using a C-Corporation. Issues regarding K-1 distributions, 1040, schedule C, 1120, 1120s. Are you considering domiciling a Corporation in a low tax state? I can review the benefits and misinformation that exists.
Experience I have been in the business of assisting business owners in reducing their taxes and liability since 1986. The company is Owelesstax, incorporated, at www.owelesstax.com
Organizations National Small Business Owners Association. Publications Contributing author to "The Corporate Standard Newsletter".
Publications Contributing author to "The Corporate Standard Newsletter".
Question I am going through a divorce, in that process I have found out that my wife (who had handled all the finances) has not filed our taxes since 2004.I have requested several times for copies of the tax returns from 2000 to 2003 when she did file, and copies of our paper work. I have also contacted her attorney. I have had no response from either of them. I sought out a tax professional who said I need to protect myself. I filed taxes for the years my spouse didnt I used all of our children as an exemption,I am getting a refund, do I legally have to give her half of that refund?
Answer As a married couple filing separately dependent deductions are negotiated between the spouses. If you were divorced your divorce decree should determine it.
All in all it is one of the points that can be negotiated. If she doesn't think to bring it up, I doubt her attorney will be savvy enough to think of it.
Richard Fritzler
Nevada Corporate Services.
800 590-6612