Income Tax

Mr. Tri Nguyen is correct. You may claim a dependent exemption for your daughter so long as she has not reached the age of 19, or 24 if a student...

What are my rights?

On your facts, you probably will not owe the fee. I am not sure what you mean by a "straight form". To claim the home buyer credit several forms...

If I am approved for a short sale wil I be responsible for taxes on the difference of what it was sold for and what is owed?

With regard to your Federal income taxation, you probably will not have cancelation of debt income, but the sale of the property and the 1099-C...

What professional should I seek to help with back taxes owed by exhusband?

Innocent spouse relief comes in 3 flavors, two of which depend on your not having actual or constructive knowledge regarding some aspect of the...

Do I need to hire a tax attorney ofr failing to file local taxes?

Not necessarily. Of course we don't know all of the facts, but if the matter is merely negligence, then a local tax professional should be able to...

Selected as the best answer

I have some tax questions and am wondering who is better to talk to a tax attorney or a cpa.

If the amount of income that is unreported in minimal, you file a return for last year and you immediately pay all taxes due, you should be ok with...

Can the IRS request 2007 tax information when being audited for the 2006 tax year

There are limitations on what an auditor can request, but the rules can be complex. However, the very fact that the auditor has asked for another...

Is it tax fraud or just unethical?

If you know or suspect tax fraud, you can report it on IRS Form 3949-A. If you do not wish to use the IRS Form, you may write a letter and mail...

IRS Fraud

Forging a signature, even if it is your spouse's, can have criminal consequences in your state. With regard to the filing of an income tax return,...

Forging a signature, even if it is your spouse's, can have criminal consequences in your state. With regard to the filing of an income tax return,...