Got a tax question

As your daughter lived with you for a majority of the year (there are special rules for the year in which a child is born), you would have the...

Will the IRS come after a spouse for tax owed by the other spouse?

Generally speaking, one spouse is not liable for the taxes of the other spouse if they did not file a joint tax return. That being said, a recent...

Are sales tax dischargable in bankruptcy?

When you collect taxes for a govenement entity, that is referred to as "trust fund" taxes. If instead of remiitting those trust fund taxes you do...

Can my parents claim me independent on their tax return?

Your question is a bit confusing but if I understand it correctly, you don't want your parents to claim you as a dependent on their tax return in...

Will a financial power of attorney form allow me to deal with the IRS on behalf of my wife?

If you wife has capacity to sign a form, I would suggest that you complete IRS form 2848 and file that with the IRS. That form authorizes teh IRS...

The IRS generally has 3 years to assess taxes from the later of when the return is filed or when the tax return is due. If no return if filed,...