2024 1017 Your return can be amended to show you sold your home and you are entitled to exclude gain if you are married up to $500,000 or...

2024 0913 Contact the IRS to cancel the Power of Attorney or discuss your IRS situation with another tax attorney. Ronald Cutler, Attorney,...

2021 0622 1.Obtain a copy of the IRS recorded lien. 2.Determine when the Statute of Limitations on collections by the IRS expires. 3.If it has...

2021 0227 Issue number one: Do you owe the $5000. If not then it can be challenged with the IRS. If you do owe the $5000, then you have...

2021 0227 He needs to file the last six years returns to be in IRS compliance. We need to determine if he should go back and file married...

2020 1101 Your home was protected from credit card debt before sale as it was your homestead. Once the house was sold the question to answer...

2020 0816 Your mother has various options to resolve any IRS tax liability. They range from paying nothing to the IRS at all, to paying a small...

2020 0501 The $5000 in your bank account can be exempt from creditors claims depending upon whether you own real estate or not and what other...

No you do not need to pay taxes if it is a gift. The person who makes the gift normally will pay the taxes but there are exemptions he may use to...

There should be no tax as the sales price should be equal to your basis for sale. Ronald Cutler Attorney CPA Former Special Agent FBI 386 788...