I received a Form 1099-A for a foreclosure from my mortgage lender. Do I need to report this information on my return?

The following Debt qualifies for EXCLUSION from Gross Income: 1.Debt canceled in a Title 11 bankruptcy case 2.Debt canceled during...

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My employer refuses to respond to an IRS letter requiring company's employment specifics and reimbursement policy.

If your employer will not give IRS that information timely, its up to you to supply what you can. If you have any written communication from your...

Do i i pay income tax or a captial gains tax on propery that i quit claim

Quit claim describes a type of deed in which you agree not to make a contrary claim of ownership to your purchaser. It has nothing to do with tax...

Do I pay taxes?

The best way to know is to review and keep a copy of the settlement document or release which should describe the reason for the payment. To the...

Tax refund during seperation

Has IRS already issued the refund to you alone? Perhaps the IRS refund check bears both names. In that case, how can you cash the check unless...

How to get tax paper to file inherritance tax

If you own the funds (the account is in your name), you may direct the bank to wire the funds to you by phone or in writing. If the account is not...

My mother died in 1994, her land was put in a corp, the paperwork wasn't kept up but taxes were paid. How can the land be sold??

Only the legal owner can sell the land irrespective of where the land is located. In your case the corporation must sign the deed. The...

Tax attorney or a CPA With family law background?

I highly recommend that you select a tax attorney . CPAs are terrific doing what they do which is preparing returns and financial statements. ...

Since you both have a great deal to lose what difference does who loses more? If you committed theft, you have lots to lose, including the risk of...

Can my live in partner claim my son as a dependent?

Your son is neither a "qualifying child" nor "qualifying relative" to your boyfriend, So your boyfriend can't claim your son as a dependent.