What condition must exist in order for the IRS to impose an underpayment tax penalty?

So long as the taxes owed are paid by 4/15 there should not be a penalty.

A local TV station displayed my Social Security # during a news story. Do I need to take legal action against the station?

You should also contact the station and make them aware of what occurred - they may be willing to make some accomodations to insure that your...

Will my arreages that I owe affect my new spouse's tax return if I do not work?

There is no guarantee that the refund won't be taken to satisfy your delinquent child support obligations. If the IRS agrees with the innocent...

How to know if a tax attorney has experience with large winnings? is there a certain practice one should look into?

Best way to determine an attorney's experience is to do a little experience and then ask. For example, the profiles on this site provide education...

I got married in September 2012, to a citizen nurse. She made $ 50,000 for taxes a year and have 2 kids ( 15 and 16yrs old )

I agree with my colleagues here - best to file the tax return so you don't end up with more difficulty there in addition to the immigration...

Not generally.

I have been seperated for 9 months,can I file single and Head of Household?

If you're still legally married (meaning the divorce is not final) then you can claim either married, filing separately or married, filing jointly...

An S Corp organized in Texas, performing software consulting services for a California customer is liable for California taxes?

If the customer is in California then the state will likely presume that you're providing servcies there. However, if you're providing the services...

I made a risky decision by buying a cat but it takes half of my monthly income to pay, what should I do?

Start by talking with the dealer to see if you can work something out. Another option might be to sell the car yourself but if it's new and just...

I just got a letter from the irs letting me know i no longer owe them and the info i sent them (911)form allowed them to remove

Recommend you just give them a call and ask - may seem so simple it's silly but that's really the best approach on these types of things. If it can...