Agree with Mr. Geffen. You absolutely need to report to IRS the income on the 1099 that they send to you. However, there are a number of ways...

Absolutely do not file again if you have already filed. Contact IRS and request an income tax transcript of your 2018 tax return. You may have...

Before you start selling goods online or any other type of business, you need to meet with both an attorney and a CPA to discuss tax and accounting...

Stay on the deed and work with your siblings (the financially responsible ones) to get a lien withdrawal from IRS. The IRS lien applies to your...

If your husband's accountant isn't able to help with this, then he should find another accountant who can help him. Not all CPAs are experienced...

First of all, how much money are we talking about here? Thousands of dollars? Or hundreds of dollars? You need to decide first just how...

I know that Turbo Tax sells a program that supposedly prepares fiduciary income tax returns, but you are totally crazy to try to prepare this kind...

Agree with Mr. Cowan. I'll add that you should definitely file ASAP, if you have not done so already. You not be able to e-file if a return was...

YES. Unless the IRS prepared an SFR (substitute for return) for the years in question, the 10-year collection statute of limitations has not...

You want to make sure that you document your tax basis in the property that you are buying. Have a sales contract prepared for the sale of the...