What are the penalties with the IRS?

The first thing you should look at is your parenting plan. Typically, this document tells what years the parent can claim the tax deduction. If...

If you live outside the US for at least 330 full days, there is an exemption that may be claimed on your tax return regarding the health care...

Non-US LLC Incorporation in the US

if you incorporate a US entity which will be paid by another US entity, I would most definitely find you meet the requirements to be taxed by the...

Can my husband and I claim Earned Income Tax Credit?

You should refer to Publication 17 in regard to claiming the Earned Income Tax Credit. The credit is larger if there are dependents, such as...

Can a tax attorney also file persons IRS income taxes the same way H&R Block (an American tax preparation company) can?

Many attorneys choose not to prepare IRS filings. There are a couple of reasons for it. One is that the IRS has the ability to reach into a...

There are a lot of possibilities as to why the foreclosure is being handled judicially, and it may have very little to do with you specifically. ...

What should I do?

The W-2 is a third party reporting system that allows the IRS to gain information about incomes from a third source rather than counting on the...

Appears to be a misinterpretation of a child support order on who file taxes. Who would file the mother or the father?

The year in question is the year of the return, not the year that the return is filed.

How will not having paid taxes in 2016 affect my ability to file bankruptcy?

You will need to file your last two tax returns before filing bankruptcy. Not paying taxes is a different matter. But the filing must take place....

How is home value determined for homestead exemption purpose

My typical approach is to do three things. I obtain the county assessor's value, I obtain a zillow report, and if still feel there may be too much...