Yes. Illegal immigrants residing in the US need to report and pay income tax and they can obtain ITIN. Foreigners living outside the US that own US...

I would not advise you to make a general statement advising participants in your program that the fee is tax deductible. There are many risks in...

If a for-profit company donates a percent of a customer's revenue to a 501(c)(3), can that customer claim it as a tax deduction?

This response in directed at the example provided. The question posed is unclear to me. The related costs for transportation of donated items...

Hi... I have a ? re: 2010....late filing even tho I don't owe anything because IRS told me not to file. What is the penalty?

If the 2010 liability was created by an IRS assessment, you can file an original 2010 tax return (assuming you have never filed one or if you did,...

Calculating gift money for routine transfers between family members

Is Person B ("PB") a sublettor? If so, the rent is not a gift. If PB is on the lease and is just paying his/her share of the rent to Person A...

I paid 10000 in criminal restitution. Is that tax deductible ?

Criminal fines, restitution, penalties, and related interest are not tax deductible at the the federal level.

Yes, if you sell the mobile home, you need to report the gain or loss. If you are the beneficiary then it would be reported on your income return....

Why did my property taxes go up when I added my wife to the title

For CA properties only - There is a property tax reassessment exemption when property is tarnsferred from parent to child up and the exclusion...

Will the irs take my settlement on n a personal injury lawsuit if I owe back taxes??

Whether the IRS will accept your settlement depends on your assets and future ability to pay the IRS back over an installment agreement. How you...

Employer miscategorizes me as independent contractor and refuses to issue W2. How do I file taxes?

Since the employer issued you a 1099, you are forced to file a Schedule C where you will be responsible for all of FICA. However, you will be...