The settlement agreement stipulates that the entire $22,000 payment is classified as alimony. Recent changes to the tax code have made alimony...

There is no separate long term capital gains tax rate for estates. The tax rate brackets are the same for estates as they are for individuals. To...

H&R Block shredded my 2018 tax documents before they filed them, what action can i take?

You can obtain copies of Form W-2 from your employer. You can also obtain them from the I.R.S. and Alabama Department of Revenue. While I...

Do I have recourse against title company, title insurance, seller, or out of luck?

A title company does research to make sure that the seller has legal ownership of the property and is able to transfer ownership to you. They then...

Your question states that you are going to be audited by "Alabama IRS." The Internal Revenue Service and the Alabama Department of Revenue are two...

D Do i have to pay taxes on a small inheritsnce left to me by my father.

Based on the information you've provided, it appears that you are the direct beneficiary of a life insurance policy, and that you received the...

The documents that you submit during an audit do not have to be original documents. If you have discarded or lost receipts, then you can obtain...

If you prepared your returns correctly and have documentation to verify everything on the returns, then there should be no issues with the audit. ...

You will need to speak with a family/divorce attorney regarding this matter. Although your tax refund has been intercepted and applied to the past...

At the completion of an audit, you will receive a report that details the audit and explains any changes made by the examiner. If you have not yet...