Can I ask IRS to waive some of the penalties and interest if I pay several years back of taxes back all at once?

Yes, you can ask and they may say Yes. As noted, interest is generally not waived but penalties can be. You need to be able to provide a reason....

Income from Biz Parents Buy for Son Unearned Income or Gift?

The characterization of the income would depend on a number of factors and reviewing those details will have a significant impact on the taxability...

Can I pay the back taxes and get the deed switched to my name?

Sounds like there are more details here that aren't in the question. Deeds can be switched to a different person and paying the taxes may be a...

Can a lawyer get a state tax lien off my credit report?

The simple answer is "possibly" depending on the circumstances. The AZ Dept of Revenue has been very cooperative with us in the past on some...

Paying taxes for last 6 years

Best approach is as my colleague has suggested - get the returns prepared and work out a payment arrangement if necessary. The statute of...

The legal definition of "current monthly income" pertains to the six months before filing.

Yes - the means test is based on the prior 6 full months, Schedules I & J are based on what's occurring presently and may or may not be based on...

Is it okay to use incremental loan forgiveness over a number of years to effectively split an inheritance?

Simple answer is "yes" but it has to be done correctly. You'll want to consult with a tax attorney to make sure it's handled properly. Good luck.

Though my contract states my real estate taxes are not included, my mortgage company went & paid my delinquent real estate taxes

My colleagues are correct here - virtually ever mortgage agreement includes a safety provision for the lender regarding property taxes and property...

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Can the same donor make multiple gifts of $14,000 to the same recipient in the same calendar year 2013 without taxes being owed?

The person receiving the gift doesn't pay tax on the gift, no matter what the amount is (some exceptions apply but not to the facts you're...

I am being sued for property taxes on land I sold and was paid in full for? There is no deed on file

If you don't own the land, it seems very unusual that you'd be sued for the property taxes. If you're certain you're not on title, you should be...