Can the inheritors of a long settled estate of a deceased man be taxed for U.S. income taxes per the details below:

I am having trouble understanding the facts of the situation and would need more facts to determine if there were any duties breached or whether...

I never filed taxes could I go to jail?

It is a possibility but as the other contributors have stated, it is unlikely. You should talk to a tax attorney in your area asap. The attorney...

Most tax attorneys and CPAs will charge hourly for this work at $250-$500 per hour (for attorneys). Some attorneys will do flat fee but charge...

Offer of compromise (IRS) and Social Security earned credit through work please need advice

Interesting question. I doubt that they will take away her social security credit. She should definitely file an offer-in-compromise and you...

I am considering filing bankruptcy for old tax debts. Can I still have my own business if I file chapter 7 or 13?

How old is the tax debt? You cannot discharge tax debt in bankruptcy unless it was assessed over three years before you file. I have had clients...

Divorce agreement included a clause for ex husband to claim child for income tax. ex wife claimed child on her taxes.

One way to handle it is to go to court and get a motion to enforce. The other thing you can do is claim the child and file a paper return. You...

Buying a house from a foreigner with a tax exemption withholding. What is needed at closing to protect us buyers?

Make sure you have someone, like a title company, who knows what they are doing. I have a case right now where the buyer got screwed because the...

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Trying to purchase the company I worked for that is now insolvent.

There are two basic ways to buy a company, buy the stock and buy or buy the assets. (there are other complicated tax-free reorganizations but that...

Your best bet is to have the non-compete reviewed by an employment attorney so they can see how strict it is and whether the terms are reasonable. ...

Federal tax return for new LLC in Florida

You can get an ITIN by going to the IRS website at IRS.org and searching ITIN in the search box. If you are not living in the US, did you...