All IRS employees will provide a last name and an ID#. They go fast when they give it. So, first thing on the call, ask them to report it so you...

Does anybody know what this so called paper that the IRS officer wants my husband to fill out?

I would cut off all conversations with the Revenue Officer and seek immediate representation for your husband. My concern is that your saying that...

Tax implications of gifted rental house?

I am not sure of the age or health of your parents, but if they give the house to your, their tax basis becomes your tax basis. If they own the...

I haven't filed taxes in a few years. Reason being I owe the IRS.. Can I file a chapter 7 or 13. ?

Although you may not qualify to eliminate your tax liability through bankruptcy, an offer in compromise may be a possible resolution. You should...

Undecided between LLC or Corporation ?

There are a variety of factors, both as to the costs of the initial formation and the advantages and disadvantages of each type of entity. You...

You can deduct your out-of-pocket expenses if the properties are properties that are used for investment or rental. If the properties are...

Is my situation very bad?

Before you do anything you should speak to your immigration attorney. With his advice, you can have a CPA or an enrolled agent prepare any tax...

How can I get a reduced settlement on unpaid and unfiled taxes if I am retired and on social security?

You can submit a request for an offer in compromise. Check out the IRS Offer in Compromise Pre-Qualifier to see if you will qualify: ...

How/why to declare freelance income without 1099 forms from client?

I fully agree with the previous answers. You have several incentives to report the income: 1. It is a crime not to do so. Hundreds of people...

Will a person need to file taxes on a consent judgement? the judgement was between the county and condemned land.

It all depends on the amount. But, I suspect you do have to file a tax return to report the disposition of land condemned. Note that you may be...