1099A errors??

See IRS pub 523. What it means is you have cancellation of debt income shown by the amount in box 2 and no capital gain. See a CPA before you...

The administrator of my mom's estate used his ss# instead of tax id. Is this legal?

It is a mistake but not illegal unless it is an attempt to defraud you. First, send him a letter demanding an accounting and a distribution. ...

Inheritance tax

No estate or inheritance taxes on the inheritance since it is not income. There could be some income distributed with the payout which you would...

Can my ex-bf claim my daughter in his taxes in OR. eventhough I am the primary care and she has been living with me here in FL?

You can claim her as a dependent and you boyfriend will be denied the deduction and he will pay penalties for underpayment of income taxes and...

I have falled behind in my mortgage and can no longer afford my home, will i be given and official notice to leave my home?

Yes. The bank has to give you several notices before your house can be sold. It takes over 6 months to foreclose on a home. In fact, before you...

I just received audit letter from IRS. The agent said she will be doing an field audit in my office.

Yes the agent is correct about keeping the records. You actually should not have told her about the records yet. Your options are to present all...

Is it ok to base your own website's terms and conditions off of another's? Format and wording would be changed.

It is unlikely to cause a problem and as long as you do not copy it verbatim. Also, do not copy any trademark. This is a question of...

What is the difference between a Deed of Trust and a Deed of Trust and Assignment of Rents?

When you rent out a mortgaged property, you may have to sign over an Assignment of Rent agreement to the lender. By doing so, you authorize the...

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Will the IRS keep all of an amended refund from previous years after an OIC?

Per form 656, OIC, Section V (f) As additional consideration beyond the amount of my/our offer, the IRS will keep any refund,...

My divorce was final Sept 2010. Do I have to file taxes with my X husband

No. File single. Disclaimer Although the above response is believed to be accurate, it should not be relied upon as any type of legal advice...