I am marrying a man that owes back taxes. Am i responsible for this debt?

Yes, have a pre-nuptial agreement done and keep your property completely separate from his. It is like having two separate taxpayers. A marriage is...

The inheritance tax would not be deductible as a miscellaneous itemized deduction. To be deductible under this category it has to be for the...

What happens hen you arrested for not paying sales and use taxes in ct

It sounds like Your Rights as a Connecticut Taxpayer have been violated. Since this has gone beyond the administrative stage you have to hire a...

Can I claim percentage of year-end loss of LLC on my taxes if I sold my shares to remaining partners during the year?

Review the LLC operating agreement as well to see what it says about the allocation of profits and losses and any buy-sell agreement. Make a...

Each person can give $13,000 gift tax free annually to an individual for federal tax purposes. It looks like there is no gift or inheritance tax in...

Is there a way to lessen the hit from cashing in an IRA?

There are quite a few exeptions but I can't see that you qualify for one based on the facts. See below. 72(t) 10-percent additional tax on...

If I don't get income for California. I get income for my husband who is actually in Mexico. We have a daughter also

I think this is a complicated international tax question. It looks like you are a resident of CA. So CA taxes you on your world-wide income. I...

My partner took a $436k profit from a commercial property and now I owe taxes on money I never received.

The criminal charges would be theft or embezzlement. I would not press for criminal charges unless I have proof. Get an attorney ASAP. As stated...

Is the value of a pension considered an asset if I did not contribute to the Pension Plan (for IRS Insolvency purposes)

Agreed. It is the value of your vested interest.

Good (cheap) software for occasional tax prep?

Mr. Lively has a good answer.