Do I need to pay taxes on large amount of cash gift?

The donor (give) of the gift is usually the one that pays any tax associated with a gift. So in this case, since that's your mother, you'll not...

Whenever you file a tax return, the IRS views it as a "claim" and if you're showing a refund, you're claiming you're entitled to that amount back...

So long as the trust is a Grantor (Revocable) trust (and it sounds like it is from your description) there are no tax consequences for the...

If my father sells me a house for $50,000 but he bought it for $140,000 do either of us have to pay a "gift tax"?

From what you're describing it sounds like you're paying $50,000 to dad plus paying the balance of the note (last 10 yeas). If you're paying the...

Sounds like your former employer has realized they've got some issues. And you should not assist them by backdating a W-4. The employment...

How do i find an experienced tax attorney?

Check the directories here for a very good collection. Good luck.

IRS deducted a 1976 Social Security debt from our 2012 tax return . Isn't this a bit late? SOL? Can I appeal it?

Social Security overpayments don't generally have time repayment limits or fall under the statute of limitations. But there are multiple collection...

I gave the original papers to my accountant to do my taxes and now I cannot find him anywhere. What do I have to do?

You can get copies of all of the tax records that were sent to you (W-2, 1099's, K-1, etc.) from the IRS since they were also sent a copy. Your...

Is it legal to work in Iran as a Dentist and bring the money I have earned back home ?

In general, these types of situations are acceptable, but you'll want to review your specific circumstances with a tax professional so you get a...

CAN THE IRS HIT ME UP FOR MORE MONEY AFTER WE HAD A OFFER IN COMPROMISE AGREEMENT THAT I LIVED UP TO AND HAS BEEN PAYED FOR.

If you had a deal, then the answer is "No" but as noted the IRS is huge and inefficient, particularly at communication so you may have to fill in...