It is a tricky situation. He can declare the income on his tax return without disclosing the source of the income. He has the right to leave that...

If you are audited and there is no other documentary or written proof, then the only proof available to you would be your testimony and your...

You should contact the opposing party’s counsel, in writing, and ask him or her if they will agree to an extension of time. If they do, you will...

Can someone at work take a picture of you without your consent and have it posted to the employment News Letter?

I'm sorry you're having these problems. Generally, employers are free to fire employees for any reason. This includes having a good reason, a bad...

Yes he can give a gift of 15K per person this year to as many people as he wishes without having to file a disclosure form. He can give more than...

The exemption amount for each child changes every year - its around 4000. The deduction amount depends on whether you use the standard deduction...

You are required to file your WORLDWIDE income on your U.S. Tax Return. This includes income from illegal activity. You also have a...

How far back can I seek penalties against my formal employer for misclassing me as a self contractor?

There is not much you can do against your former employer for the way they classified you. When you are paid as an independent contractor, you are...

What are my options regarding a mistake that H&R Block did with my taxes on 2014 2015?

The taxes are ultimately your responsibility. The most you can hope for is abatement of any negligence penalties that may have been assessed. You...

Do you pay tax in the US if property is sold abroad that is subjected to foreign 0% tax requirement?

Yes, the gains from this sale are taxable. If you had paid foreign taxes on the sale, you would get credit for the foreign taxes paid, but you...