Mom will have to file a gift tax return and report her taxable gifts of greater than $19,000, but can avoid actually having to pay the tax by using...

You might also consider filing Form 843, and once you obtain a hearing, or response, requesting credit to client's account, and debit to adverse...

Also, you should consider that, aside from the tax issues, but also a possible tax issue, is that a legal formal waiver provides that you cannot...

I note you do not state the effective date of the divorce. If you are in fact divorced and single as of the last day of the calendar year, then you...

As you describe it, yes, if you are a marketplace facilitator, like Amazon or Ebay, you are responsible to collect and remit Texas sale tax. If...

You can only deduct medical expenses for yourself, your spouse if married filing joint, or your dependent children or dependent other relatives.

Most federal tax liens are self releasing. If you read the lien carefully, you may find that it has expired or may expire soon.

Yes, you are required to file Form 8958 if you are married and filing separately. Depending on the state, the completed Form may look different...

It is very ordinary and common for real estate partnerships to make the 754 election, although small family owned real estate partnerships often...

It is not clear from your question if Mother already has a home with a homestead exemption. In Texas, you can only have one homestead exemption for...