What does the IRS tax actuary go by when determining the value of property for tax purposes? Is it the property's assessed value as listed by the county or the actual sale price of the property? Additionally, how do I calculate capital gain if my sister is buying my share of the property for $300,000, and I never used it as my primary residence for over 15 years?

August 22nd, 2023

I need assistance checking the status of my tax refund. Can you guide me through the process?

December 25th, 2023

I have a payment plan arrangement and am trying to make a payment, but I'm encountering issues with the online payment portal. The due date is today, and I need to pay under the name Robert and Sharon Mclarty. What should I do to successfully make the payment?

October 24th, 2023

I'm buying property and need income records for 2021. Can you help?

October 3rd, 2023

If I transfer money from my Colombian bank account to my US bank account, do I have to pay taxes? If so, how would I do that? Additionally, as an H1B visa holder working and living in the US, do I have to pay FICA and state taxes?

June 17th, 2024