THE IRS SENT ME NOTICE OF INTENT TO LEVY FOR THE TAX YEAR 2003 WITH A BALANCE OF $4,654.00.....

It is not clear what the issue is by the facts given. I am not sure why they are even dealing with a year that old. Sadly, I know you came on here...

AMERICAN OPPORTUNITY TAX CREDIT

In short, no. This is available for your first four years in college. That would have been your bachelor's degree, I am not aware of any exception...

Do i need to file an income tax return? i just started, set up my business in december 1,2011. it is a single proprietorship.

This would be reported on a Schedule C, which you will likely not be filling out if you had no income. As Attorney Harrington states, you can...

Not filing taxes is against the laws of the United States. If you have roughly $400 in self-employment income, you are required to file, so your...

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Are my handgun licnsing fees tax deductible

To be tax deductible, it has to be ordinary and neccesary. I am not saying your handgun is not both in your particular business or neighborhood,...

American Opportunity credit

For the American opportunity tax credit, an eligible student is a student who: (1) is enrolled in a program leading toward a degree, certificate...

Pro Bono work is not a write-off for attorneys. And even if it were, doesn't that basically mean they would be writing 35% off at best? I...

If the court ordered it, you will generally be required to provide these. That is unfortunately one of the uncomfortable side effects of support...

Suits are not deductible because they can be worn in non-work situations. The uniform must be rather specialized to do this, such as a UPS uniform....

Court Settelment agreement of discontinue With Prejudice of all claims, but I received a 1099 tax form, Am I liable?

Whenever debt is forgiven, you receive a 1099C. This is because loan proceeds are not taxable, but once they are forgiven, they are considered...