if your mom is intentionally filing an amended tax return to claim a deduction she KNOWS she is not entitled to, that would be a crime, the filing...

Judge used a year of my alimony to pay a debt of 20k. I never received the money. Do I have to declare that as income for taxes

It is likely to be taxable to you as the other attorneys suggested. However, an important issue is the nature of the 20K debt. Was it paid for...

I had a great uncle open a custodian investment account and i need pay the tax on his gains.

You do need to consult with an attorney. I have several questions. You can get records from the IRS to determine why they believe you owe them...

Do I need an attorney? If so, what documentation is needed to show banks?

She can appoint you as a power of attorney on the bank accounts. Such would have no tax consequences. She should then have a will effective in...

Unlicensed company charged taxes

A company may be unlicensed for one purpose, yet registered to collect sales taxes. And, the key is whether the improvement is subject to sales...

Can I close my business that I own by myself and open a new one with 2 partners w/o triggering issues with the IRS?

You did not identify the type of entity you are now operating under. If a corporation for tax purposes, the assignment may trigger a taxable...

How to get tax transcript for previous 2 yrs ?

You can call the IRS, 1-800-829-1040 general number. Or, you can the IRS automated phone transcript service, 1-800-908-9946. You will still be...

I know it is possible for an individual to become tax exempt. How do I do this?

You cannot become exempt from paying federal and/or state taxes.

Do I have to file a tax return amendment if the change doesn't affect the taxes I owe?

Just because the 1099-MISC is a different number doesn't mean it is correct. Sometimes the difference is a timing difference (i.e. a check mailed...

WHAT SPECIFIC FORMA DOES A PRIVATE FOUNDATION USE TO FILE WITH THE IRS?

Forms 990 (990T, 990PF, 990 and various other forms 990) are generally the annual filings that would provide that information. The form 1023 is...