hi,
I got a letter from IRS that i owe them $25,000 from 2007..I had $27,000 worth of shares wich i still own them.now they are saying my income is $87k,and i need to pay #25,000 tax including pently,and interest..

how much attorney charge roughly?and how long does it take to settle my case? and do i need to go with attorny all the time or just one time i have to go?
I owe 400 shares of morgan stanley worth $27,000 in 2007..and then market down the drain and rite now worth $9000…i got letter from IRS that my broker reported $87,000 in 1099. which i didnt show because i thought you have to report only capital gain and loss…now i dont understand that how $27,000 worth of shares get $87,000….I checked my 1099 on my brokerage account website which shows $87000,….i dont know how they get that amount..i never had that much amount of money in my life…..
more in detail…i opened my account in sept. 2007..i trade twice and made ($1942),,and on my third trade after i bought stock market down the drain and i still have 400 shares…

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