Generally the offer is deemed accepted after 24 months from the date the IRS first receives it if it has not been rejected, withdrawn, returned as...

Someone said that the IRS has leins on me but I've never been notified by the IRS.

Theoretically you should be notified if the IRS intends to file a lien through the Notice of Federal Tax Lien letter. I would contact the IRS to...

How much taxable gifts can i make in a lifetime before i pay any taxes on gifts made

Generally, in 2011 and 2012 you can give up to $13,000 per each recipient per calendar year without it effecting your lifetime exclusion. Once the...

My fiance's ex-wife failed to file their taxes, now she is re-married and we are left to file them?

Generally, the Bankruptcy court would order her to file all unfiled returns she is legally obligated to file before moving forward with the...

I owe half of my 2011 house taxes for my home which I own outright. What does a levy on my home mean?

It is important to distinguish the difference between a levy and a lien. Many taxpayers often confuse these two terms, and understandably so. A tax...

Married and starting a new job....W4 advice needed

The IRS offers a great resource to the public, the Withholding Calculator which can be found at IRS.gov (linked here) You can use this to...