If the house is legally yours, the IRS cannot seize it and the lien does not attach to it. If the house was really your husband's but placed in...

It depends on the trustee. Some will ask for 3 months, others will ask for 6 months. If they see something, they can ask for more than that.

Interest does stop accruing until tax is paid. Penalties stop accruing once they have reached 25%.

If you are making the payments to the IRS on a voluntary basis, then you can designate the year to which you want the payment applied. If you are...

The IRS is a federal agency and the income tax return you file with the IRS in California is the same return you file with them in Florida. The...

Whether or not you were required to file an FBAR in previous years depends on the amount of money in the account. If you were required to file an...

Since you are legally married, you and your wife can file your return as married filing jointly. You say that you bought the condo you in 2008 and...

The IRS has very specific rules regarding the tax benefits for children of divorced parents. Instead of detailing all that here, I think the best...

You would have to reach out to an experienced and knowledgeable tax attorney who can thoroughly review your specific situation and determine what...

Under the IRS default regulations, a single member LLC is a disregarded entity for tax purposes and reports income/expenses on the owner's 1040...