If we file taxes separately, who takes the gain of the jointly owned home? Can we divide the gain in two?

Divide the gain in two.

Can i stop the IRS from taking my taxes?

No.

What is the best way forward with respect to filing an S - Corp return or issue K-1 for a corp that never took off?

I would have ABC corporation file late returns for all years, and talk to a CPA on what would look best on the returns of the owners of ABC...

You are correct that an 83(b) election is made if stock is issued subject to a substantial risk of forfeiture, e.g., a vesting schedule, and the...

Is it illegal to sell your IRS exemption?

I do not view that as an illegal activity if one of the two parents agrees to let the other claim a child as an exemption in exchange for monetary...

My ex and I owe about 70,000.00 in back taxes , does this have a bearing on her requesting spousal support and my pension,

The debt may impact your spousal support situation. You may have a claim for a portion of the 401(k) due to the debt. You need a good family law...

Is it legal for mortgage company to withdraw property taxes from escrow a month before paying it to government?

You have to read your contract. It may well be legal.

My estranged husband of owes 300,000 dollars in unpaid royalties to the Air Force. what consequences will he face. am I liable

Mr. Hill has given you the correct advice. Your situation requires a careful analysis of all of the facts. The royalties situation is not a tax...

I have inherited $10,000. I'm on disability and have income limits. Can I cash the check without trouble...how?

If you have inherited $10,000, why wouldn't you want to cash it? Wouldn't any reduction in benefits be less than what you gain? If the answer is...

Can I claim my sister ( she is in high school ) on my tax return?

Yes. See IRS Publication 501 at http://www.irs.gov/pub/irs-pdf/p501.pdf.