As a general rule, IRS has 10 years from the date of assessment to collect a tax owed by a taxpayer. However, there are many occurrences that can...

If you want to make a claim based on a mistake that JH made ten years ago, the statute of limitations has no doubt already run on that. You need...

First things first. Make sure you take care of the underlying tax problem and pay the IRS what you owe them. Then worry about "getting even"...

Interest is a wash. Interest is what they charge you for the use of the money that you should have given them. But you had the money in your...

Once made, an election under section 6013(G) will be in effect for all subsequent years except for years for which the election is suspended or...

Indiana Code § 6-1.1-26-6 describes this process. ...

An unsigned trust agreement is just a piece of paper. Apparently there is no trust. (Did your parents try to do this on their own without the...

If you are the trustee of a trust, then you need to be working with an expert trusts & estates attorney. This will not only ensure that the trust...

Anybody setting up an irrevocable trust for their minor kids must have lots of money. That being the case, you can afford to pay for a...

If you had no income in 2025, you are not required to file an income tax return....