Do I have to amend my tax return to include my wife's babysitting income?

Yes; simply report it as other income. You can amend your previous tax returns using a 1040X and 540 X. With regard to future audits, you can...

Can the irs take money from an account that my brother, sister and I are on, if my brother owes the irs?

Yes; if his name is on the account, the IRS can levy it.

Tax Audit, missing back up, mentally unable to retrace it, can I just pay the bill. What is the implications of not replying.

Yes; you can just pay the tax bill along with the bill for interest and penalties once it is issued; but, the CA Franchise Tax Board will piggyback...

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Will I be held liable for my parent's Federal Tax Lien?

The lien was filed because your mother was on the title. Was the lien filed because no one filed a tax return for the year in which she passed...

If one owes back taxes both state and Fed., can those agencies collect from funds left to that person in their parents Will?

Yes; both the IRS and CA Franchise Tax Board have the ability to levy bank accounts. The latter is particularly able to do this efficiently thanks...

I'm 44 years old receiving ssdi benefits, I just won 82,000 in a casino in Vegas do I report it to the irs. I live in California

Yes; you must report it in your 2018 tax returns that are due April 15, 2019. Don't forget that the casino will no doubt report your winnings to...

The IRS among other taxing authorities have begun levying tenants of landlords that owe them taxes; so, the IRS wants you to pay your rent check to...

The FTB can levy a bank account that has your name and SSN associated with it. If the FTB levies your spouse's bank account for your tax debts...

If we win millions and Lotto and we take lump sum and pay all the tax at once do we have to pay tax every year ?

No; you will pay the IRS the one time and you are exempt from CA income tax if it is the California Lottery. Having said that, if you invest the...

Can my name be flagged by the IRS if I try to open a bank account ?

Yes; when you add your name to her bank account, the bank will require your SSN. Both the IRS and FTB will then be able to levy that account....