It appears very unusual that you would be filing federal income tax return to claim a property tax credit for 2011, as it is now 2023 and very...

CNC - Currently Non-Collection status, is temporary administrative non-collection renewable every 2 years. You should get an IRS letter after 2...

Yes you can employ your parent as an employee or independent contractor, depending on whether you have the right to control how they provide the...

Generally, you have 30 days to appeal any Court determination. If the property has already been sold at foreclosure, for residential property, you...

Crypto is taxed as if it were property. The cost or basis of the crypto is what you paid for it. In the case of a gift, you (the donee) take the...

No - you now have an accepted contract with IRS. I recommend you read the agreement carefully, and be sure to stay in compliance.

If you are a US citizen or resident (green card) then you are liable for US income tax on your world-wide income. If so, you should file a return...

To terminate a Texas entity, including an LLC, you must file all delinquent returns, pay all tax and penalties due, obtain a Clearance Letter from...

Surviving spouse gets step up in basis of all community property.

I can't imagine why housing and meals stipends or allowances are not taxable, unless provided under an accountable plan, or related to foreign travel.