Lucy Marie Ludwig's Answers

What can I do to correct income tax errors when the original income tax was completed and sent by an agency without my approval?

There are several issues to deal with. First, I would suggest filing amended tax returns for 2005 and 2006 to address the incorrect information reported. The IRS will assess these returns and calculate additional penalties and interest to the balance. It will take roughly 8-10 weeks for the IRS to process these returns. Once the correct balance is assessed, you can proceed with a resolution (Full pay, Installment Agremeent, Offer in Compromise, etc). Please note that you will probably...

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If you are business and you use 1099's to pay taxes can a company tell you that they have to deduct taxes from your payment?

It is evident that your employer is trying to avoid any further problems. However, you should be aware of different factors regarding whether or not you are an independent contractor to that specific employer. The main issue is whether your employer has control over your work done or the manner in which you do your work. Additional factors that make you an independent contractor are: 1. you work with a number of clients. 2. you work on projects with scheduled deadlines and are paid by...

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Can the IRS take my money mrkt acct as payment on our taxes (due 6 yrs); they're sending request to my husband's SSN only

The IRS can levy any assets (Property, Accounts), wages, bank accounts IF there is a balance assessed against your Social Security number (which includes a joint liability). In your case, it sounds like your husband has not filed tax returns in the last 6 years. This does not mean that he does not have a balance due. The IRS can and will prepare tax returns at the highest rate with the lowest deductions if a person does not file their own. They will file these returns as single-0 (single...

If you are business and you use 1099's to pay taxes can a company tell you that they have to deduct taxes from your payment?

It is evident that your employer is trying to avoid any further problems. However, you should be aware of different factors regarding whether or not you are an independent contractor to that specific employer. The main issue is whether your employer has control over your work done or the manner in which you do your work. Additional factors that make you an independent contractor are: 1. you work with a number of clients. 2. you work on projects with scheduled deadlines and are paid by...