Home equity loan foreclosure

I don't think the fact that you were married since 1982 and filed your returns married filing separate are pertinent to the issue. However, if the...

Do you pay taxes on gift money you receive ?

If any gift tax were due, it is the liability of the donor, your parents, to file a gift tax return and pay the tax, or offset their lifetime...

Generally, property donated to a charitable organization must be transferred to a similar charitable organization upon dissolution of the...

How should I deal with this IRS "mess"?

It appears based on your comments you may qualify for a low and affordable payment plan, an offer in compromise, or possibly non collection...

Many years of ignoring my tax issues, how to find out my standing with the IRS?

You can go to IRS.gov, register for access, and obtain your account transcripts to see the account history of what you owe, and what the status is...

Can a income tax filing place sue for not paying them ?

You should read your contract with the return preparer. If you do owe them, they can obtain a judgment for the amount due plus their attorney fees...

What are my options related to some stock I own becoming stock in another company?

You don't say whether the options were qualified or non-qualified stock options, or whether you paid tax when the options were granted, or when the...

Can I file a loss on my tax return for a car that I got repossessed? I am considered a business.

I am assuming the 1099 is a 1099-C for income on cancellation of debt, which is income, not loss, as of the date the debt was cancelled. Your cost...

If you qualify for an IRS payment plan, or even non-collection status, the IRS may release a social security levy. The fact that you appear to...

My mom has fallen ill in Europe - Spain. My wife and I have retired early to go to Europe to help her in July

Money in a bank account, including a joint account for which you are a joint owner, is not exempt from collection. Although your VA, retirement and...