What should i do if i havent filed taxes in 10 years? i dont make much money so i never felt the need to file.

You have gotten good advice. I might add that a written disclosure may be appropriate prior to the actual filing. I would also determine if the IRS...

The normal S.O.L is ten years from the date the return is filed. However you must be careful about a number of procedures that will toll the...

IRS TAX RETURN WRONGLY FILED

I suggest you retain somebody to file amended tax returns. It is always best to come forward and disclose prior to contact by IRS. If the funds...

My wife was awarded a medical malpractice lawsuit but the irs got involved. How long do they have to release her settlment?

Your statement makes no sense. I am not sure what IRS got involved actually means. They either have a lien or levy. Under either case the attorneys...

My husband and I filed taxes jointly. I work for a company and paid my share. He can't pay all of his. Will that hurt my credit?

Yes. If the IRS files a lien it will be against you and your spouse. To rectify the situation you may want to consider filing a separate tax return

Mistake on a 1099

Contact the auction house and explain the problem. Ask if they can issue a 1099- C which would correct the situation. If they will not you then...

What should I ask the court to do since my ex will not pay our back taxes? My ex has not paid as agreed in our divorce order.

Mr. Fargione is correct and has given you good advice. From a tax standpoint it might be wise to file your own offer in compromise and proactively...

I am victim of a false 1099 form turned in on me the IRS is coming for a tax bill on income didn't earn. What should I do

The first thing I would do is contact the employer and let him know the 1099 was incorrect. Hopefully it was just a clerical error and he will...

Primary resident Vs Investment property.

Sounds like you already have turned it into investment property. The act of actively renting out the property turns the nature from residential to...

Are online incomes subject to taxation?

IRS taxes income from all sources. As a U,S. Resident or citizen your friends tax return must include all world wide income. The IRS is currently...