If the gift goes over the $11,000 exclusion, does the recipient of the gift owe any taxes on it as income?

January 15th, 2024

My ex-wife and I owed back taxes from 2009. We divorced in December 2010, and she was ordered by the court to pay the back taxes in lieu of paying me equity in the house, which is still under both our names. She has yet to pay a cent to the IRS, and after being threatened by them to have a lien placed on my Social Security, I started making minimum payments. I sent a copy of the divorce decree to the IRS and explained the situation to both them and a Tax advocate, but got nowhere. I do not understand why the IRS has not put a lien on anything she owns, including her business, to recoup the back taxes that she was ordered to pay. If I took her back to court, I would about break even. What else can I do?

August 5th, 2024

I have a $3000.00 tax bill from the 2008 tax year. Is it worth trying to get a tax release to pay a lesser amount?

April 10th, 2023

My mother is deceased and my father is institutionalized with Alzheimer's. My parents had their home in a revocable trust, and my sister and I are successors in the trust. We would like to know our tax obligation on the sale of their home either before or after my father dies.

November 5th, 2024

How much Texas sales tax am I able to deduct on my itemized deductions for my IRS return?

December 30th, 2023