As Mr. Moore has aptly noted, it is unlikely that the IRS will find out about the settlement of your lemon law case and/or that it will levy on ...

What would happen not showing the savings account when doing taxes?

As the other attorneys have mentioned, there is no place on a tax return for you to list your savings account or any specific bank account. ...

What are our legal rights in regards to the IRS?

The IRS often acts at a glacial pace, especially when considering amended tax returns claiming tax refunds. The recent 16-day government shutdown...

Selected as the best answer

What are the odds of selling 6/10ths of your property and getting the $500,000 tax exclusion offered by the IRS?

You should be careful not to rely too much on your tax planner. It has been my experience that many of our clients get into trouble with the IRS...

Family issue

In addition to seeking an injunction to prohibit your father from using your name on his websites and his books, you may also want to contact your...

Do we need to file nanny tax if we pay my parents to take care of our children?

In my opinion, it is quite possible that you will be required to withhold income taxes and social security taxes from your parents' pay as your...

Can we refinance our home and use the equity to pay off a tax lien?

Provided that your income is sufficient and your credit record is good, you can probably obtain a loan to pay off the tax lien on your property. ...

I am in the process of being audited. Both myself and my ex claimed my daughter for tax year 2011.

At this point in time, I believe that it is time for you to hire an experienced tax professional to handle your audit, since you are getting the...

It is unclear to me whether your ex-husband would be committing fraud by claiming your children as dependents on his tax return. Thus, I would...

How would a RTRP defend a draconian 6694(b) if he has not been allowed to address the allegation by the IRS?

Your return preparer client was obviously blindsided by being asked questions about a third client where he had been previously led to believe that...