If I have granted a power of attorney to a legal group to resolve past taxes due, can it be revoked if I contact the IRS direct?

"I was told by the group I retained if I try to contact the IRS myself, the Power of Attorney would be revoked. Is that true? " No, that is not...

For non resident tax withholding for a real estate sale. Where does purchase price factor into the equation?

I assume you are talking about Maryland state withholding and not FIRPTA. MD withholding is on the sales price minus debts and expenses. The...

How can I resolve a $70,000 IRS tax lien?

You would need to contact a tax attorney for an estimate specific to your case. Dealing with a tax lien is not an easy task, though a skilled...

Is someone else's (not myself) federal tax return considered public record and obtainable by FOIA request?

No, the IRS is prohibited by statute from releasing to a third party what you describe.

Would I be liable for a mistake a Tax Preparer made on my taxes?

She is liable for the taxes due. Whether the preparer would be liable for interest/penalties depends on whether the mistake was the fault of the...

IRS Practitioner Priority Service 866-860-4259

The release form is probably so that they can pull this information from a credit bureau report. If they wanted to get information from the IRS,...

SELLING A HOUSE

You should review the specifics with a tax preparer, there may be a taxable capital gain, but if the house was used as a residence, it could also...

For an active IRS Levy (668-W) do I update the 1494 table to 2016 from the 2015 table?

Per IRS guidance, "If a wage levy continues from one calendar year to the next, the employee may submit a new Statement of Exemptions and Filing...

What are the tax implications for money gifted to a family member in an amount of $140,000?

Correct. He'll need to file the form, but it goes against the unified credit amount of $5.4 million.