If you have not already missed the option to appeal I would file an appeal from the denial of the installment agreement at your requested amount. ...

Is there any way a friend can give away $10,000 to two people and get a tax write off?

If he is only making a gift to friends he cannot write this off as a deduction. Only charitable donations to 501(c)(3) can be written off as...

If I do not pay my Maryland state income tax can they garnish my federal income tax return?

Some taxes can be discharged in bankruptcy and I would recommend you discuss that with the bankruptcy attorney to see if they were discharged. I...

Back taxes

As long as there is a liability your refund will be intercepted. I would recommend adjusting your withholding so that there is no refund due.

Will FATCA wipe out my income and savings?

I recommend you meet with an attorney as soon as possible. Do not post more information about this. You need to come into compliance regardless...

I owe a lot of money to the IRS for money that I never personally spent or received

You should meet with a tax attorney who can assist you in gathering the necessary information to properly analyze your case and determine the best...

Taxes & Settlements

I agree with Mr. Cook, but want to add you have to see what the monies are paid for. If any are paid for anything related to physical ailments,...

Tax and financial disadvantages and advantages of having LLC for consulting work vs nothing at all

If there is only one member to the LLC it will not be taxed any differently than a sole proprietor unless you make an election to be taxed...

If someone files my tax return without my permission is it anyway I can find out who it was?

Sometimes, sometimes the IRS will ask to verify information, if it does not match, they may not think that you are you. If it was done...

My husband was sent a letter from the tax board that he owes 40,000 we have no money to do the taxes or get a lawyer

There are some volunteer societies that provide free legal services and can even provide you with a tax attorney. I participate in some here in...