Suzanne Alexandra Ascher’s Answers

Suzanne Alexandra Ascher

Staten Island Tax Lawyer.

Contributor Level 8
  1. How do I obtain a transcript of a Federal tax lien to determine when it expires?

    Answered almost 3 years ago.

    1. Philip H Karter
    2. Phillip Monroe Smith
    3. Steven Francis Schroeder
    4. Suzanne Alexandra Ascher
    4 lawyer answers

    As to the reference by the first attorney concerning extension of the statute of limitaitons on collections, be aware that having either an offer in compromise (OIC) application with the IRS or full collection due process (CDP) hearing (as opposed to an equivalent hearing) at IRS Appeals with a settlement officer also extends the statute of limitations on collection. While you, or a tax attorney, or other IRS form 2848 representative acting on your behalf, contacts the IRS, also ask for...

  2. I owe back taxes to the state of california, if i reside and work in arizona can the state of california come after my paycheck

    Answered almost 3 years ago.

    1. Phillip Monroe Smith
    2. Henry Daniel Lively
    3. Suzanne Alexandra Ascher
    3 lawyer answers

    Assuming your California tax debt has not been discharged in bankruptcy, please consult a tax attorney to determine how to address this outstanding debt, i.e., payment plan, if an offer in compromise,, etc., is possible. The worst thing to do is to ignore outstanding tax debt if you owe it. Interest and penalties will continue to grow on top of any outstanding tax. Further, collection action through wage garnishment is always a possibility. All best, Suzanne Alexandra Ascher,...

  3. Should I liquidate my IRA and pay off unsecured debt before making an Offer in Compliance to the IRS for tax due?

    Answered almost 3 years ago.

    1. Andrew Daniel Myers
    2. Steven J. Fromm
    3. John Gerth Merna
    4. Suzanne Alexandra Ascher
    4 lawyer answers

    In addition to the above considerations and the possibility of bankruptcy, please consider the following: If you were to pursue an OIC - which is an offer in compromise - with the IRS for any outstanding federal income tax liabilties, the act itself of liquidating an IRA to pay off unsecured debt instead of paying your federal income tax liabilities may be held against you. That is, the IRS may construe the IRA liquidation as the dissipation of an asset by you. When an asset is...

  4. My Father left some land that is in his name only to my brother,What happens to it when he dies?It is in Illinois.

    Answered almost 3 years ago.

    1. Alan James Brinkmeier
    2. Suzanne Alexandra Ascher
    2 lawyer answers

    I agree with the attorney above. In addition, for your father's last will and testament to be effective, it should have been prepared and executed in accordance with the laws of the state of Illinois while your father is competent. (I assume that, besides the land, your father resides in Illinois also and therefore the will was executed there also. Your description silent as to that fact.) However, if the will itself or its execution has defects, or if there was a problem such as (but...

  5. How is a pension different from retirement benefits?Who will receive my benefits when I die?

    Answered almost 3 years ago.

    1. Alan James Brinkmeier
    2. Phillip Arthur Tatlow
    3. Suzanne Alexandra Ascher
    3 lawyer answers

    I agree with the attorney above. Furthermore, how your pension fund will be distributed upon your future passing depends on many factors and how the arrangements you made, if any. There are questions that need to be asked, some of which are as follows: 1) Does the pension provide for death benefits to your beneficiaries, or does the pension payment obligation terminate upon your passing? 2) Assuming that the pension does have death benefits for your beneficiaries, did your you...

  6. My Father has a pension fund,Who will that go to when he passes?

    Answered almost 3 years ago.

    1. Phillip Arthur Tatlow
    2. Suzanne Alexandra Ascher
    3. Steven J. Fromm
    3 lawyer answers

    How your father's pension fund will be distributed upon his future passing depends on many factors and how the arrangements your father made, if any. There are questions that need to be asked, some of which are as follows: 1) Does the pension your father has with Central State provide for death benefits to your father's beneficiaries, or does the pension payment obligation terminate upon your father's passing? 2) Assuming that the pension does have death benefits for your father's...

  7. How much does it cost to create a special needs trust?

    Answered almost 3 years ago.

    1. David L. Carrier
    2. Steven J. Fromm
    3. Suzanne Alexandra Ascher
    3 lawyer answers

    The answers given to you by the two attorneys above is absolutely correct. There are various ways of trying to find an attorney who is suitable for you, including -- but are not limited to -- these examples: (a) calling the local bar association for names and contact information of experienced attorneys in good standing with the bar association who provide these services; (b) looking at the local printed advertisements; (c) searching the internet; and (d) utilizing the word of...