This is yet another example of "probate avoidance" gone bad. If your mother had a basic will that was entered into probate, the Probate Court...

Make sure that you file your own returns as a single taxpayer (for any year in which you are not married for at least a portion of the year). If...

A recipient's cost basis in gifted property is the basis of the donor immediately prior to making the gift. So your adjusted basis would be...

If you never filed jointly with your husband, then you are not liable for his income tax debts. You should, however, file "married filing single"...

You need to review a CPA or a tax attorney who can review the contract and all the facts before rendering an opinion.

One of the biggest failings that attorneys have -- as a whole -- is our failure to adequately communicate with their clients. In all likelihood...

Call the Practitioner Priority line: 866-860-4259. You will probably have to wait on hold for at least an hour. Have a signed Form 2848 on...

You have reason to be concerned. It sounds as though you have been getting paid "under the table" --- that is, cash only, and not declaring it as...

There are a number of income tax implications to transferring your house to your children NOW rather than permitting them to inherit the house...

If you filed a gift tax return, then that would show up on one of your IRS transcripts. Otherwise, IRS would not have a record of it.