Exchanging information every 24 months?

If the order was in April 2015, it would stand to reason that you would exchange your 2016 (due April 15, 2017) tax returns. If you or your...

What are the tax consequences of inherited stock once it is transferred to the beneficiary in his name and then sold?

The year in which you sell the stock is when you will realize a gain, not when you put the stock in your name. The Wells Fargo brokerage account...

How long can the farm service agency collect a debt ??

Pursuant to the Food, Conservation and Energy Act of 2008 there are no statutes of limitation on collection of federal debts. There is also...

You should have a qualified CPA or Tax Attorney look at the settlement agreement and determine how it should have been reflected on your tax...

Consent to tax increase?

You need to speak with your bankruptcy attorney. The IRS is not prohibited from assessing additional taxes while you are in a bankruptcy. If you...

If you did something inappropriate on the tax return, you may wish to fully discuss it with an attorney and have them advise you on whether to...

Can i deduct my traditional IRA contributions on tax?

Like most tax return questions, it depends on your filing status. If you file Married Filing Separately, then no. If you file Married Filing...

You should file an Appeal of the Notice of Intent to Terminate your Installment Payment Agreement. In my experience, you will not be successful,...

Can I sue my father for claiming me on taxes causing me to have to incur thousands in out of state tuition?

I am not an Ohio or New York attorney, it is not clear under Florida law whether you could state a proper cause of action for the $15,000.00 of...

Un filed S corp taxs?

As stated by another attorney, the penalty is per shareholder in the amount of $195.00 per month. If you were required to file all the returns...