Can I file an exemption for 2 people living with me?

There is a test they have to meet to claim as dependent. First it depends on what their relationship is to you. Based on the facts your provided...

If you take money out of life insurance due to have to pay taxes on it.

You definitely need to meet with a qualified tax professional as more questions would need to be asked to make sure you get the proper guidance,...

Can we claim our grandsons on our taxes?

Always seek advise from competent professional assistance who have researched the facts and law before. With that being said, to claim someone as...

If a financial firm made an error , can they be held responsible for fees?

I wouldn't think so as the 1099 is only provided as a courtesy to assist you in preparing your taxes. You should have records, without the 1099, to...

Where does IRS obtain Court Order for Levy/Seizure?

To discuss the chronology of what will happen: If don't file a response to the Notice of Deficiency then the tax would be assessed. Once the tax...

Civil tax fraud penalty

If you are referring to a Trust Fund Penalty, ie a Civil Penalty assessed personally against those who the IRS has asserted as being responsible...

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Need to file bankruptcy

Your lawyer is trying to protect your assets and funds the best possible. Many times lawyers do an intake and ask questions, but then before...

Can I file amended IRS tax return individually in 2014 from joint tax filing in 2011. My EX wife filed spouse innocent relief.

With regards to suing your wife, this isn't something a tax attorney would typically answer, as you would need a civil litigation attorney or...

How long should it take to receive my tax refund from the trustee I live in Tempe az

The IRS refund may go directly from IRS to Trustee or if comes to you the Trustee most likely advised you to send the refund checks to him or her. ...

How to calculate income tax on airbnb hosting and travels?

Both of the answers given by the prior attorneys are great for help. You definitely should sit down with a competent tax attorney or CPA to go...