So long as the financial institutions are willing to correct the mistakes and amend the 1099R you should be ok. Once you have all the corrected...

The answer is, "it depends". Capital gains are the difference between your cost and the sales price. If you received the property through the...

I agree with Alexander, you are in the 5th circuit which has a special rule which effect the ability to discharge tax debt in bankruptcy. As...

You can invest your capital gain in what ever you want. Contact your financial advisor to discuss what investment options make since based on your...

If they have a lien on your home then yes the money that would go to you will go to the lien. Just keep in mind you will still be responsible for...

If the preparer is a CPA then contact the State Board of Public Accountancy and file a complaint. If they are not a CPA or EA then going forward,...

I am a CPA Attorney combo who is a partner is a tax centric CPA firm and we have a pay before filing policy as well. Attorneys ask for money up...

Its tax fraud. You are purposely filing false information to the IRS to assist someone in evading taxes. Further, you will have to sign off on...

Generally the tax software might ask your to provide the details of the other two "non-dependent" children but have an option to not take them as...

This is really a trust question so I am recategorizing the question. Generally the trustee cannot self deal. If you and your brother are both...