Can I redact the income from my tax return for Ponzi scheme income?

In light of Mr. Madoff, the IRS came up with relevant guidance for your question. See the link attached which gives you access to Revenue Ruling...

Are we entitled to the see the actual substitute for return?

There is no actual return filed. Rather, the IRS makes a computation of the tax based upon matching information they have received. They would...

Their is a company listed on my wage and income transcript that i never worked for or did any business with the company

First of all, it is likely you have been the victim of idenity theft. In such case, the IRS identity theft unit MAY be able to help you,...

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I applied refinancing a loan for rental property with an agent. I needed 2009 tax returns. which I lost during laptop crash.

A tax return transcript should suffice. It shows each line of your tax return as filed by you with the IRS. For lending purposes, that should be...

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You need to pay taxes if your income rises above a certain level. Your position as an au pair does not preclude you from the requirement to file. ...

Can someone demand a copy of an assessment that the IRS made to their tax account?

You can (and should) secure an account transcript from the IRS. An account transcript reflects all assessments (tax, penalties and interest),...

Will a tax lien prevent me from receiving a federal income tax refund?

The States and the federal government have been establishing programs which allow each State and the federal government to offset tax refunds from...

My advice is to do nothing in terms of contacting the Revenue Agent of the IRS. However, make sure someone is checking your mail. And, if you do...

IRS collections. Lien has been filed for back payroll taxes from previous company.

Your request to consider the new van or allocate additional funds for repair is a reasonable one. You need to provide documentation for...

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I'm concerned about a letter from the IRS stating I am being reviewed. How should I proceed in handling this matter?

The audit of business income may be related to a form 1099-MISC that may have been filed in your name. Normally, business income is reported by an...