Agree with the previous 2 answers --- assuming, of course, that you and your spouse did not file a joint return. (Your questions does not really...

Your uncle cannot sell the house until he gets title transferred to him through the probate process. This will give you plenty of time to find...

You should re-read the notice. Assuming the lien is genuine, it would be placed on all property that you now own, or that you will acquire in the...

I suggest you hire an attorney to help with the transfer of this property so you get good, marketable title. Using a quit claim deed in this...

As long s a house is your principal residence for 2 of the preceding 5 years, you can exclude the capital gains from sale. Might be best to sell...

There are two many variables involved to discuss on this type of forum: gift tax as well as capital gains tax. Do you intend to sell the house...

Your CPA is correct that it is a reporting issue, but nothing with the IRS is simple. If you lack confidence in your CPAs ability to deal with...

You need to contact IRS and make arrangements to get into a payment plan. If you are in a payment plan (installment agreement), the IRS will not...

Agree with Mr. Daymude. If you try to cross out information on a bank or credit card statement, the Revenue Agent (auditor) will just ask you to...

You must have signed something giving your preparer authority to do what he did --- otherwise he couldn't have done it. Next time, be more...