According to your facts you unknowingly established a self directed IRA and then a week later transferred the money out and the funds were directed...

If you are making a gift to a foreign person and that gift exceeds the annual exclusion, then you will be required to file a gift tax return to...

For federal income tax purposes, the recipient of a gift does not pay income taxes on the gift received. I would definitely keep some sort of...

You need to speak to a knowledgeable tax attorney who can make a determination as to whether you are currently subject to the US tax laws. No...

I recommend that you speak to a knowledgeable attorney who handles IRS matters so that you can discuss the options that may be available to you....

You need to speak to the attorney who represented you in your bankruptcy.

The best way to prove a person's SSN is with their social security card. However, other documents may be accepted as proof of SSN. The most common...

As a US citizen or US resident, you are required to report all income earned anywhere. Thus, your 1040 will include your income earned in Italy and...

The deadline to pay any tax you owe for 2022 is April 18, 2023 due to weekend and Washington DC holiday. If you do not pay in full by that date,...

If you file a return as married filing separately, and the return shows a refund, the IRS will issue the refund to you if you do not owe any taxes....