I went thru a debt relief company to help settle some debts my mother created in my name. I got a 1099. how can I get help now?

If they were your debts, they are income to you regardless of whether a 1099 was received. If these debts were fraudulently put in your name that...

Money you receive as an inheritance is not income so long as it did not come from a retirement account. If it did come from an account such as an...

Is it possible to deduct pension and 401k funds via the safe harbor fuling for 4684 ruling as a result of theft

You can take the loss as a miscellaneous itemized deduction to the extent of your basis in the asset. Any individual seeking legal advice for...

Do I need a tax lawyer? Who has the right to file for earned income credit?

Who ever takes the dependent deduction, and that sounds like you from the facts presented, gets the earned income credit if they otherwise...

In filing out my City of Milwaukee Statemetn of Personal Property, what about property that is only sometimes at my location?

If you take property temporarily from the location (such as business trips) and use it in your business, it is counted. You will need to give your...

I hold church services at my home. Can I deduct rental fees on my federal taxes?

The church should be organized as a non-profit and will not pay taxes. So a deduction for rent would really not matter. Any individual...

The IRS took my ex-wifes taxes for the years we were married and back taxes are owed. she is now threatening to have me audited.

You are both jointly liable for the years in which you filed a joint income tax return. She may be able to claim innocent spouse relief in years...

I havnt recieved a w2 from an employer yet, is there a deadline they have to get it to me?

They are supposed to be distributed by January 31 each year. Contact your employer and ask if the have your W-2. Any individual seeking legal...

If this is your business and it appears that it is, then the sale of the spec home would be ordinary income. I have never heard of sales tax being...

I went to a new accountant yesterday for my tax returns. When I got home I told my husband that the accountant said our income

This is a constant problem that tax preparers have with their clients. It is possible that the accountant is correct and you have a completely...