My friend has been renting a place and not claiming the rent or the expenses on her tax return! Is this illegal?

I do agree with the other attorney. But also, where your friend has unreported rental income, there might be little immediate tax consequence, if...

What happens to the tax liability after the IRS lien expires?

I agree with Attorney Larson. One note: You may have to contact IRS and request a Release of Lien. Otherwise, it may take years to actually see...

What licence(s) do I need to operate an online spice business? What amount of taxes do I charged the customer (state to state)

Consider also using a CPA firm that handles multi-state sales accounting. You will be required to report online sales volume, to some states. A CPA...

You can always prepare your returns with a careful estimate of your expenses. You can also disclose on the return that your expense figures are...

I agree. Full, even over-disclosure, even if you believe insignificant, is the safe bet.

Wait a minute. Taking on additional investors is not necessarily creating a taxable event by "selling" your interest. You are certainly diluting...

Where do I start: Employer tax evasion, employment laws?

If you believe this is also a significant matter of tax evasion, then also consider IRS's Whislteblower Informant Award Program. See link below.

I KNOW SOMEONE THAT IS CHARGE WITH TAX FRAUD IN 2011, HOW LONG WILL HE KNOW WHAT WILL HAPPEND WITH HIS CASE?

I agree with the answer above. If your friend was indeed charged (indicted) for criminal tax fraud, then he should not "wait and see" about...

Selected as the best answer

Does a Tax Court decision that is entered pursuant to agreement of the parties have any res judicata effect?

QUESTION: Does a Tax Court decision that is entered pursuant to agreement of the parties have any res judicata effect? ANSWER: Huh?

Am I in trouble with the IRS?

QUESTION: I filed my husband and my taxes this year I had the refund money directly deposited into my business account where my husband could not...