YES. There are reporting requirements whenever you transfer $ into the United States, and penalties for non-compliance are severe. You need to...

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Whether your federal taxes can be discharged in bankruptcy depends on when the payment was made in relation to when the bankruptcy is filed. ...

Gifts are not taxable to the recipient of the gift, and they do not have to be reported on your income tax return. Other income is still...

If you are starting a new business, you definitely need the following before you do anything: 1) a CPA; 2) a business attorney; and 3) a good...

If your brother agrees to that, then yes. Be sure to have the proper title documents and deed prepared by an attorney or title company. This...

Presumably these payments are included in the amounts shown on your W-2, as they are taxable income to you. You should consult a CPA for more...

Pay the amount shown on the bill. If you are entitled to a refund, you will get it. (Remember that property taxes are billed in arrears, which...

Best to just file the amendment as requested by IRS unless you can actually prove on audit that the 1099 was incorrect. Simpler and cheaper to...

If you are behind on your state taxes, then YES.

You need to get a divorce from this guy --- or at least a legal separation. Make sure that this issue is covered in the divorce decree. As for...