I've owned my home for 40 yrs. and will face huge capital gains when sold.

There are certain provisions in the tax code which provide for the sale of your homestead tax free. The amount of gain is capped, but it is...

The question is: it is okay to write a letter like this or better to check with tax attorney to write a letter to the IRS agent

You needed a tax attorney from the beginning. The IRS is not your friend. Anything you include in that letter will be used against you by them at...

Is there a way to sort things out without harsh punishments?

You should consult with a tax attorney immediately and don't sign anything until you do. The best time would have been as soon as the IRS notified...

How do I file taxes with income earned outside of the US and take advantage of it being tax free?

I recommend that you consult a tax attorney or CPA to assist you in filing your return correctly and who can answer all your questions. However, if...

Is this illegal?

Per the IRS: When you hire an employee, you must have the employee complete a Form W-4 (PDF), Employee's Withholding Allowance Certificate. Form...

Can my husband purchase a home without me in Michigan since he doesn't owe taxes?

He can purchase a home without you.

If i purchase an empty property on a tax sale, do i have immediate access to that property or should i wait for the deed?

My recommendation would be to wait until you have title to the property (the deed). I am not licensed in Pennsylvania and am not providing legal...

From your facts it appears that you are hiring your spouse's mother to cook and clean. Pub. 926 specifies that wages paid to a parent do not...

They would not reduce the monthly payment and I have been paying for 4 years. Even when my wife lost her job. Is there any hope

Contact the attorney and see if he can renegotiate the payment agreement. You may have to submit a financial statement to prove your financial...

Can I do anything if I left a creditor off my chapter 7 no liability case after its discharged.

In a no asset Chapter 7 case the debt would be considered discharged. I recommend that you contact a bankruptcy attorney immediately.