I got a inheritance, situation is unique as there was no estate. Do I have to report or prove inheritance to IRS?

Money one inherits is not taxed as income. I would however, keep a copy of the check and any other documents like the will on hand so if the IRS...

Is it true that if a person doesnt file their taxes for 5 years in a row, it is a felony? And is 20 yrs 4 felonies?

Failing to file a tax return can be a felony. Each failed return could be a single felony account. There are thousands (maybe millions) of...

Is there a statute of limitations on an unpaid NYS tax balance?

If you have a tax debt from your 2013 tax return and the state of New York issued a tax lien, chances are you are going to have to deal with the...

CP 2000 notices usually do not arise because the IRS doubts the expenses you claimed on your Schedule C, they arise when a taxpayer fails to report...

Can the payments I make to the IRS to pay back income taxes be used in the calculation of my child support payment?

I would love to hear a family law attorney's take on this, but when dealing with the IRS, the IRS takes into account child support when calculating...

Tax ramifications??

A sale at less than fair market value could trigger a gift tax. The parents could be deemed to make you a gift. For example, if the house is...

This is an employee benefits issue. A tax return is (or at least should be) signed by someone under penalty of perjury. Unfortunately, people...

Can I get in trouble for just talking to a seventeen year telling me his problems??

In and of itself, just talking to a 17 year old is not illegal. I could see a whole host of civil and criminal issues arising if the relationship...

Do I need a lawyer to sign a deed of gift letter to transfer stocks from my father to me?

It is not absolutely necessary for an attorney to sign the document and in most circumstances it is completely unnecessary. However, you may want...

If your neighbor crosses over your property line, it is a trespass. It would not be worth a lawsuit because the damages you would be able to prove...