Getting taxes on my daughter?

He can take the exemption if you give him a signed Form 8332. He can also take the Child Tax Credit. However, ONLY the parent that has the child a...

How do I report an online business for suspected tax evasion?

Okay. First of all, you can report Tax Fraud. Here is the info: http://www.irs.gov/individuals/article/0,,id=106778,00.html Second, nothing...

Selected as the best answer

You are very lucky to even have a state tax collection SOL. Many states such as WA have no Statute of Limitations on collection. Christopher...

Do I need a tax lawyer?

I agree with Attorney Smith. If your brother is over the age of 18, they are going to want to see more than he just lived with you. If he is over...

I owe premarital taxes. Will a postnuptual agreement protect my spouse's wages & assets from garnishment by the IRS? - CA

Also, if the IRS is taking your spouse's portion of your joint refund, he can file for Inured Spouse Relief. They will then determine what your...

Are losses on loans that where defaulted to me , can they be used as tax losses

Hey Kevin. Here are the rules for deducting a bad debt. It does sound like it became worthless during 2011. Because of this particular transaction,...

Can I claim a house on my taxes if the house is not in my name?

Attorney Leahy is 100% correct. As a cash basis taxpayer, you actually have to have made the payment to deduct it. You cannot deduct the...

Is it "Illegal" for a non-custodial parent to claim my dependent when they know they do not have custody rights on that child?

All you can do is follow the law specified by Section 152 of the Internal Revenue Code and claim the child of which you have custody. You cannot...

I owe taxes about 8000.00 what can i do?

You will not lose your home if you stay on top of this. If you simply cannot pay because of income, you should contact a Low Income Taxpayer Clinic...

What receipts should I submit or what things should I claim for taxes?

This is a question for your tax preparer. Much better to ask a CPA. But generally, you are supposed to fill out all required schedules with your...