Do I pay federal tax on my receipt of payment from my Father's life insurance
Generally, the recipient of life insurance proceeds does not pay federal tax. The IRS covers this on Publication 525, attached below. From...
Marina Del Rey, CA
Tax Lawyer at Marina Del Rey, CA
Practice Areas: Tax, Estate Planning
Generally, the recipient of life insurance proceeds does not pay federal tax. The IRS covers this on Publication 525, attached below. From...
It is very unusual for the IRS to garnish wages without contacting you. Normally, they send a series of letters over the course of a few months,...
There is a tax treaty between the US and Canada. Under the terms of the treaty, income that residents of Canada receive for personal services...
From your facts, it sounds like the collection firm secured a default judgment against you and is now executing that judgment. In short, a default...
There is a tax treaty between India and the United States (See IRS Publication 901 below). Under that treaty, income that residents of India...
When the statute of limitations will expire (or how far back the IRS can go) depends on a number of variables. IN GENERAL, the IRS has 3 years from...
Find an attorney in your area and speak to him/her in a more confidential setting. You want to maintain attorney-client privilege on this matter.
To start a nonprofit organization, you must get a determination letter from the IRS comfirming your status as a tax-exempt organization under...
To obtain a copy of your birth certificate, you should contact the Vital Records Office, a branch of the Center for Disease Control. I've attached...
Techically, it refers to the amount of income you made last year as shown on your individual tax return. What you have in the bank would be...