If you received a 1099-C, I advise you to SEE a tax professional and have him/her prepare your income tax return. They will know how best to...

You can adjust the exemptions on one of your W-4's so that very little is taken out by one of your employers, but be very careful that you do not...

If you received the advanced child tax credit in 2021, that could effect the amount of your income tax refund. If you are concerned about not...

No one can really advise you based on the info given. Best to"bite the bullet and pay for a consultation with a CPA or a tax attorney and get...

NO. If you have not a "public charity" (IRS definition), then contributions to your business are not tax deductible. Best to try to find...

If you owe back taxes to the IRS, they can levy your bank account. Recommend you consult a CPA or tax attorney who specializes in tax dispute...

This is not a tax law question. I am changing the category to "Residential Real Estate" so you will get more responses.

Many people who have discovered that they have been making a "good faith" mistake will just make a correction on a going-forward basis. That is,...

This is no really a tax law question. I am changing the topic to "Social Security."

Re-read the contract that you signed with the escrow company. It it says that they will file Form 8288, then YES, you are at fault. If you had a...