1099 is not just for subcontracted work. If you are in a trade or business and someone pays you more than $599 they are supposed to issue you a...

Do we have to pay taxes on funds left to us through an insurance policy and retirement fund? I am 54, my siblings are 56 and 65.

life insurance proceeds are not normally subject to income tax. Retirement plans are.

What happens after I report someone to IRS for tax evasion/ unreported income?

If they find you claim credible and worth their time to investigate then they will investigate it otherwise they won't.

Do we have to pay taxes on reimbursements and left over funds from our insurance settlement?

It is not a matter of accepting or not accepting it. In fact your contractor should be given a 1099 since he is the one that actually earned...

Can I insist H&R Block be responsible for taxes owed?

Unfortunately you alone are responsible for your taxes.You are not alone in receiving bad advice from store front tax preparation companies that...

Can I file for 2018 taxes if 2017 taxes still under audit?

Yes, of course. your 2017 audit doesn't involve 2018.

Past due tax filing (2011) question

collections only wants the past 6 years in order for you to be in compliance. Because you never filed, technically the tax year is not closed. you...

Which will come out first, My back taxes owed or my wife's unpaid child support balance?

You can not file head of household if you are married and living together. Based on your limited set of facts, your best bet would be to file...

The IRS has 120 months from the date of assessment. If they are prevented from collecting then those months they are prevented get added onto the...

How can I buy a business that the IRS has a lien against?

I have had success having taxpayers, post bankruptcy, by out their liens for a nominal amount of money. So it is possible to get the lien removed....