What happens if my tax professional claimed a tax credit that I was actually not eligible to receive?

Unfortunately, you are liable to the IRS for the errors resulting in tax understatements. Reliance on a professional's advice may give you a...

Should I file a tax return?

Scholarships may or may not be taxable as income, generally depending on what you spend the scholarship money on, and whether or not you are a...

Do I have to report my inheritance to the IRS if currently on SSDI benefits only?

I do not believe you have to report the inheritance as income on your federal income tax return this year, though if the inheritance earned income...

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I went to a non profit organization to ask for help conduct prayer he told me the cost will be $5,000. and you can pay slowly.

This isn't really a tax question, but I doubt you could be held liable for breach of any agreement you made with this individual or organization.

Yeah, absolutely, using the summons power given to the IRS by congress. But, you have a right to intervene (and "quash" it) if the summons...

Married and owed IRS back taxes...they placed a lien on our home that my wife is the only name on the mortgage.

I agree with Attorney Fromm; the issue is whether you are on the title or not (if so, it is your asset, and a Notice of Federal Tax Lien can be...

Non married couple have joint bank account and file taxes like married filling jointly. Is that ok?

Nope. If not legally married, no joint federal income tax return is allowed.

Spouse has not paid taxes for 10 years , now have lien against house. Can I sell house without being held liable for his taxes?

If you own the house jointly, only half the equity would be subject to his separate tax liabilities, the maximum the IRS could recover from the...

Legal Advice on if i know a tax return was filed incorrect, is it illegal to not amend

CPA or not, I believe you are under a legal obligation to amend the return and correct, if not doing so will result in you understating your tax...

I don't really think you have a cause of action against the attorney, unless and until he does something improper with it. He obtained the number...