Wow! You are lucky all that is at issue is money! Both you and your preparer could have gone to jail. Yes you could sue your preparer but be...

Preparing Tax Returns

Yes, Preparing a tax return is the furnishing of tax advice.

Unfiled tax returns

Technically both the IRS and State of California can go back and force you to file all missing returns. In real life if you have been outside the...

First of all any type of a false statement on a tax return is a felony. ...

Is this fraud ?

Warning... this list serve is public and you have included enough information to spark a criminal tax investigation if what you are describing...

Under what amount should I not file taxes?

See this chart for minimum filing requirements. https://www.irs.gov/publications/p554/ch01.html See this page for installment payment...

Do I pay taxes on commission sales?

Yes! Sales commissions are either paid on a W2 or a 1099. Sales people by definition are potentially "statutory employee's" but many businesses...

Do I Tell An IRS Collections Rep. Over The Phone How Much Cash On Hand I Have When Disclosing My Financial Information ?

If you had 1 Million in a safe in your basement I would call the agent back and correct your previous statement because lying to a collection agent...

Division of assets in divorce

If during marriage or during one year period after marriage ends... No capital gain recognized and transfer basis where one spouse buys out the...

Divorce and taxes

Be very careful here... If your purchase your husband's share either during divorce or during the one year period after the divorce some...