I agree with my colleagues here - no tax on gifts you receive. You must be a very popular person!

You'll get a notice if the installment agreement has been accepted or not. Given that you've received a bill for the balance, you may want to...

Question about I.R.S. tests for business versus hobby

Passive activities do not typically constitute a business. However, if you are engaging in them for the purpose of profit and want to formalize the...

Who has the right to claim the dependent on their 2013 taxes in this circumstance?

The right to claim is dependent on a number of factors, but most often is determined by either court order or guardianship designation. In this...

Tax lien purchaser owes outstanding debts ??

Tax Lien acquisition is a tricky business. If there's a priority mortgage on a property you purchase tax liens for, you should get legal counsel...

Whether or not you'll owe income tax on the distribution will depend on your deductions, exemptions and other income or losses but safest to plan...

Child support arrears and refusing to file income tax.

I agree with Mr. Klasing's perspective here. Both the State of CA and the IRS are potential resources for child payment enforcement. You may also...

Statute of limitations for personal liability of corp officers for sales tax assessments v. corp in ohio.

What you're seeing here is conflicting interpretation of law. You'll want to use a shepardizing service to determine if the 1990 position has been...

This website may help. See the section under Statute of limitations towards the...

Tax question , 1099? Is this considered income

If the $200 per month is considered child support then the answer is no. However, if it's directly for child care then the answer is maybe. And...