If the IRS is not allowed to regulate tax preparers. Can the IRS criminal division investigate tax preparers ?

The investigative powers of CID (Criminal Investigation Division) are broad and are not limited by the regulatory rules for tax return preparer...

A 401k is owned by the depositor and as such he can cash it out and deal with the proceeds in any manner he sees fit. Whether or not you have a...

I recently sold my mothers house,which I inherited?

There is also a fairly new tax law that you may need to consider depending on the year you inherited your mother's house. If an estate tax return...

For tax purposes it is generally wiser to pass the ranch by Will because a current gift does not get to use the "step-up" basis at death rule...

How does taxing work on lottery winnings?

You need to make a tax deposit now. Do not wait until the end of the year. Please see a CPA in your area and ask them to prepare an estimated tax...

Do I have to pay taxes on a cash gift from an aunt in the amount of 14000

Gifts received do not normally cause the recipient to pay taxes on the gift in the US. As long as both your son and your aunt are US...

Why is an insurance carrier demanding that I provide a W-9

The request by a payor for you to provide a W-9 is in the ordinary course of business. The IRS requires them to request a W-9 from any payee before...

Do I get back a tax refund for paying property taxes?

Whether or not you work for income does NOT determine if you need to file an Income tax return since income can come from other sources such as...

Can I press charges against an individual for tax fraud?

Each individual is responsible for filing their own tax return with the proper income, deductions and personal exemptions. You should do as replied...

Condolences on the passing of your father. All of the other answers provide good information. I add that if your father was married at the time of...