What is the tax implication of selling a home that was gifted to me?

For gifted property, the basis is retained as the donor's basis (i.e., what your mother paid some 30 years ago) plus any improvements. You would be...

It depends on the LLC's entity classification. If the LLC is classified as a partnership, which is the default classification, then no, gains and...

Can landlord ask for 2 years of taxes on farm lease?

You would want to read over the contract. If its there, they probably have the right to ask for it.

How can I transfer a property that back taxes are owed?

You could if you have an agreement with the lienholder, however, state revenue agencies are probably not going to agree to a transfer where there...

Can I sue for my refund?

You can't recover taxes you owe in a negligence lawsuit, you are generally limited to damages the preparer caused (interest, penalties, legal fees,...

What should I do?

Big box tax prep companies make these kinds of mistakes all the time. Go to an EA, CPA, or tax attorney who will get things right the first time to...

I-485 "Request for Initial Evidence"

This isn't a tax question, it is an immigration question. Re-post in the immigration forum or search here on Avvo and speak with an immigration...

Yes you can sue for negligence. The most important thing is to get your responses in to the IRS on time. Receiving a letter from the IRS...

What d o I Do if I get a tax bill too high

Depends on the circumstances. If it is a tax bill from the IRS, you can set up a payment plan, submit an offer in compromise, go on currently...

Can an apartment complex deny us after telling us we were approved?

Maybe, but as this is a low income housing issue and not really a tax issue, you may want to contact the local Legal Aid office to see if they can...