How much can I gift to my children, per year and during my lifetime?

The $14,000 per year is "per donor per donee." What that means is that you can give each kid (or anyone) $14,000 each year. So can your spouse. ...

I am looking for an attorney with experience in the IRS's Offshore Voluntary Disclosure Program. How can I easily do this.

David Gunn of Baton Rouge may be of some help. You will also need a good accountant.

Who needs to file form 8832, or do we even need to bother?

Get the form signed and file it with your return. Even if you think it is unnecessary, look at it as a CYA kind of thing. Also, the IRS may look...

I recieved 100k in an inhertance and live in new york. the deaceased lived in florida. will i have to pay tax on the 100k?

An inheritance is not taxed as income. If any tax must be paid, then it should be deducted from either the estate or what you receive (depending...

What consequence for filing only personal taxes when my business was incorporated for four years?

File this year's return and all prior years returns. There will be interest and penalties.

False declaration to the IRS

Whether or not this is an issue depends on how much was underreported, and who actually signed the forms. If your signature is on a form (by fax...

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How to deal with parents now wanting me to pay back money that they had said was a gift?

This is isn't really a tax question, so I reclassified it. Still, I am not sure what help a lawyer will be. I wish you the best in sorting out...

Can IRS ask for more money after two years pass on paid tax.

It sounds like you already paid the tax, and I believe my colleague has given great advice. As a general rule, the IRS has 3 years to collect...

Grandmother in the early stages of dementia. She changed her will friday. Today lawyer confused her and left w/o signing new wil

Lawyers are very uneasy about making changes to wills for dementia patients. My suggestion would be simply to try again. Perhaps the lawyer your...

Can I claim my daughter on my taxes even though me and her mother never went to court and filed a Parenting Plan?

The parent able to claim the child as a dependent is determined by custody. This is not necessarily determined by the court or other agreement;...