Do I have to pay taxes on wages listed on my W-2 if I never received the wages?

Notify your employer of the mistake and ask them to correct it. Let them know you will be notifying the IRS of the error. You do not have to...

Our house was forclosed in 2009 but I received a 1099-a for 331,736.56 for 2009 I am under chapter 13 but my wife is not.

For 2009 you can exclude up to $2,000,000 of debt forgiveness from your income for a personal residence. Your state may not comply with this, so...

Apparently I owe Franchise Tax Board taxes in Calif. for 1981 & 1982 taxes. Do penalties and interest accrue forever until paid?

Interest and penalties accrue until the taxes are paid. If you have reasonable cause, you can ask for an abatement of the penalty. Any...

Can I pay my taxes in portion for 2 years?

You can enter into an installment agreement with the IRS. Complete an installment agreement request form and ask to pay the taxes over 2 years. ...

This statement on the deed does not relate to gift taxes. Typically, you would not owe a gift tax as the donee. However, you have secondary...

2 yrs ago I used a wrong acct. no for a clients tax returns. The company paid what was owed but now want to sue me. Can they?

You should hire an attorney immediately if you have already been sued. The company may already be past the statute of limitations for this matter....

What can i do my ex claimed my kids on taxes

For 2009 he will need a Form 8332 from you to claim the kids if he is the non-custodial parent. If he already claimed them, then you cannot efile...

Can I take H & R BLOCK to court .

Typically, if a tax preparer makes a mistake or gives you bad advice they pay the penalty. Go back and ask them to pay the penalty for the...

State tax question

You should hire a tax professional to help you with this. It does get confusing. When you came to California you owed CA tax from that point...

How many years befor a home based business has to show a profit?

There is a presumption that your business is a hobby and that the losses will be limited to your revenue if you do not show a profit in three out...