With respect to the tax question, you may or may not owe any taxes on the sale of your home. That will depend on whether you qualify for the...

It may be wise to consult with an Attorney who can help you to craft a strong reasonable cause statement to include along with a Delinquent...

More information is likely needed to determine if you would be held responsible to pay any taxes associated with the business (for example, if the...

It is possible that they received that payment, but from that letter it looks like the IRS made an adjustment to your 2016 tax return that Illinois...

A Notice of Federal Tax Lien is unlikely to affect a car loan that you have, although it may impact your ability to obtain new financing. I do...

I would not take the IRS OIC Pre-OIC calculator as the "be all end all" to determine if you qualify for an Offer. Find a reputable tax attorney...

If you both owned the house and resided in it as your primary residence for the last 3 years, you will qualify for the primary residence exclusion...

There is too much to unpack in this question on a site like Avvo. Needless to say, the US Expat and the Non-US person will have different...

To answer your first question, Federal and State taxes deducted from a withdrawal of any account (not just an inherited IRA) are called...

You will want to work with tax counsel and an accountant who understands and can defend the Cohan rule, which will allow you to estimate certain...