Taxes

The other answer you received was a good one. It will be likely that you will owe no taxes.

You might consider your ethical obligation to bring this to the attention of the board of directors or trustees of the organization.

I received a letter from the IRS stating that I owe money. I had my taxes done by Liberty Tax. If It was mistake done by

Did your tax return say that you owed money? If so, this should be no surprise. If not, the IRS should have sent a notice specifying exactly...

Can I sue turbo tax for tax fraud?

You might find that suing a large company can be more expensive than it should be, and not worth it. Perhaps you would be better off spending any...

Should i report my previous employer for suspected tax fraud or let FTB handle it? Whats the quickest way to get them to notice?

We don't know for a fact what is going on, and I caution anyone against claiming "fraud" without adequate proof. If you are ready to do this, you...

Does a wife owe any kind of taxes on what she inherits from her husband?

If you were married to him at the time of his death, there is an unlimited marital deduction, so no estate tax would be do to the IRS.

Selected as the best answer

Can I gift $50000 to my cousin. I am currently a resident of US

If you are merely acting as a transfer agent for your parents, yes you can. And if you are the one actually making a second gift, you can still do...

I received a letter today from the State of Ohio Attorney Generals office stating I owe back taxes from 1983. What can I do??

Did it actually come from the state, or from a collection agency? You might call them, and that should be your first question. If it is a...

My property was damaged in a fire. The mortgage company took care of the 1099-MISC, do I need to indicate that 1099 on my taxes?

Since you did not file the original, incorrect form, you cannot file a corrected one.

Ex spouse wont give Social Security Number for taxes because i am paying Alimony but can email for any help she needs

You can 1) look on copies of tax returns that you filed with her in the past, and 2) contact the IRS for records of account for those years, which...