1099 or W2? The deadline is, generally speaking, the same, but they are two different forms. The penalty for not sending the forms out on time is...

It doesn't really matter. So long as the payment is reflected and the correct amended tax liability is shown, that is what matters. Did you file...

Can I claim my child as a dependent on my income tax without permission from my ex husband?

If your divorce/separation decree/settlement or a parenting plan does not specify who gets the exemptions, then it would seem that you are entitled...

Can I claim my child as a dependent on my income tax without permission from my ex husband?

If your divorce/separation decree/settlement or a parenting plan does not specify who gets the exemptions, then it would seem that you are entitled...

Generally speaking, no, not if the money isn't actually distributed to the beneficiary. The rules on how trusts are treated vis-a-vis...

I have sold a piece of land

You need to sit down with an accountant or a good return preparer with all your information to find out exactly how you need to handle everything. ...

Filing income tax on dual status residency

That depends on whether it makes more sense for you to file two returns, one for your nonresident period and the other for your resident period, or...

Is a settlement from a lawsuit class action taxable?

All things considered, I'm curious about why you would refuse to provide something as simple as a W9 in order to receive the settlement. Simply...

What is the maximum gift amount can be sent to a joint account in the US from an international account

The gift tax is imposed on the giver, not the recipient. If the giver is a nonresident alien individual, and the gift is of property like money...

Unfair Tax bill

As one of the other attorneys noted, the 90-day letter is your notice of deficiency and is your last chance to contest the taxes without having to...