There is a significant chance that you will owe capital gains tax on the subsequent sale. A good CPA will be able to tell you how much.

Agreeing to the probate of the will in all likelihood has nothing to do with the administration of a trust. They are separate documents and...

This is also a tax question, and because of the complexity of the situation, I recommend you consult with an attorney, and bring every bit of...

I am not sure what "receipt" you have, but you can use that in the future if you attempt to get the IRS penalties removed. When you file the...

This probably will not affect the pension you refer to, but an attorney would have to see all the pertinent documents. Another important factor...

Your tax return preparer is incorrect, and evidently intends to ignore the law. Just because that person has gotten away for the time being with...

This is not a gift unless you intend it to be so. He has no business telling you what to report on your tax return, but it does indeed sound like...

You are correct in assuming that she may be committing tax fraud. This is all the help you need right now.

How do you know anything about the landlord's tax situation? You can report someone on IRS Form 3949-A, but be prepared to give the IRS real evidece.

You evidently have done your research, and might be aware that this is a complex area. You should not look for simple answers on the internet. No...