Will I have to pay tax?

If you are a citizen, and absent any US-Israeli Treaty differences, then you must pay income taxes upon the sale of any asset you own world wide....

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Is my divorce agreement specific enough to indefinitely exclude me from claiming my child as a dependent on my taxes?

I agree with the previous responses. Of course it's hard to re-open a divorce case even just by contacting your "ex" and not going to court. But...

This is a question that comes up quite a bit. And it matters for many purposes, such as mortgage interest deductions. There cannot be more than one...

The previous answers are all well said. The only thing I would add is that it is possible to have your father-in-law make single annual gifts to...

Verifying employee withholding has been paid to the government.

When employers take money from your pay for withholding and medicare etc., and they fail to pay it to the government, yuoare still credited for...

Should I sign a payment agreement with MDOR for past due taxes?

I have been dealing with your very same issue for a long time. The Mass DOR suspends licenses unless you sign a payment plan. The payment plan...

How much of my losses can i write off at the end of the year?

I have represented many lottery winners and have been through lottery winner's audits. Where a person wins a large amount (say over $10,000) and...

Best way to handle not having filed tax return for last two years?

Both the IRS and DOR will permit yuo to file returns late but will assess penalties. Penalties can be removed for "cause" but they will look to see...

Legal Advice on if i know a tax return was filed incorrect, is it illegal to not amend

There is no statute that requires a taxpayer to amend a return if they subsequently learn the filed return is not correct [meaning no wilful or...

IRS said I earned 100K in 2009.

if by "the company" you mean the life insurance company, then there's clearly an error there. You simply need to correct the return or dispute the...