Joe Joe Paul asked: Will someone please tell this guy before he sells this ball for $500,000 that the IRS cannot tax him on the value of the ball, as the ball is not money, the fan has not received any money for it, and the ball is worth nothing UNLESS the fan actually does [...]

eliza_marie_2005 asked: i have to pay the irs back and it will take up to 5 years….my used to be friend who helped me who helped me fill out the tax form said she would try to help me try to get the money back if i went to a prosecuting attorney…..do i have a [...]

Need Answers asked: do you have to use the PoA from the IRS website or can you use a regular PoA?
Also- if I use the one from the IRS website how do i go about doing that? does it have to be signed notarized and sent back to the IRS for review? Ive read on [...]

marymary asked: We purchased a home Jan 2006 because of relocation w/ a job. The move was 850+ miles. Can I deduct things like the interest from (22 days), county property tax and school taxes (included in the closing costs – because this was new construction), attorney’s fees, etc. Please help.

Marco R asked: I (along with 3 other partners) are starting a new company as a supplement to our current full-time jobs. It will start small, but it has good growth potential, so we may actually just all quit our current jobs at some point and work for this new firm. We’re trying [...]

mulligan.days asked: I had a string of late taxes that I filed, some were over three years. Is there any way to give the IRS a viable reason when in actuality there is none? I was in the military at the time and deployed several times to war. Is “I filed for an [...]

conciergeofcharlotte asked: We have not been charging our clients any sales tax because we understood that sales tax was not applied to services rendered (such as attorneys or accountants do not charge sales tax). Therefore, are we exempt from paying sales tax, too? We’ve been contacted by the Dept of Revenue regarding our [...]

Mick R asked: My Father in law financed a house for me, the mortagage was in his name…I paid all taxes, mrtg payments, etc. etc. Now we have the 1098 form but it is in his name…I paid all that money, he does not file taxes (retired and disabled), what can I do to be [...]

christyanntexas asked: My daughter’s father is in arrears, therefore, the state intercepts his income tax returns. This year, he says he is going to fill out a form so he can get half of it. Is there such form? Can he do this? He has no problems getting by, as he claims. I, on the [...]

Color Blind asked: I haven’t filed income taxes since 1996. I see commercials all the time for those tax resolution companies to fight (work with) the IRS and settle for less than what is owed. What do they charge and are they successful or a rip-off? Would a certified accountant be just as [...]