Is a civil judgment against me (business owner) a tax deduction?

I agree with my colleagues, we need more information on your business to determine if the expenses are ordinary and necessary for your business to...

Can he really claim a tax credit?

Your MSA would control who can claim each child. For more information go to www.irs.gov and click on the "Forms and Publications" link and then...

Legal penalties for forgery of an IRS document

Yes, the embezzlement and misuse of IRS documents is something criminal prosecutors or the IRS take very seriously. You could pursue the recovery...

When can I throw my income tax forms and receipts away

I agree with Alex and would add in addition to reviewing the link to the IRS website that you remember to retain certain records with respect to...

You have provided no basis why you believe you are liable for the 501c3's debt. you understand that a 501c3 has no shareholders so it is not an...

Is there something I can do to avoid financial responsibility of ex wife's house if it goes into foreclosure and files bankruptc

If your name was on title you more than likely were on the note, thus the divorce judges order for her to refi to insulate you. Her failure to do...

Is there any chance that a rental property that we lived in from 2000 - 2003 is considered non-consumer debt?

If you have not lived in the property since 2003 it seems that that mortgage(s) would be non-consumer in a chapter 7 analysis.

You should get your refund automatically from the IRS (it will not be quick though, likely about 4-6 weeks). You can use their website to track...

Taxes owed to irs

Yes you can lower that tax liability if you had expenses in generating that $21,300.00 in income. The IRS received a copy of your 1099 and...

IRS wants back taxes

I agree with Joshua's answer