Can the IRS take my car insurance check if I owe back taxes? My car was hit by another and it's their insurance.
Eric's answer
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Answered on June 25, 2018
Yes and they do. The insurance company has to check and see if there's a lien recorded by the IRS at the registry of deeds, the Secretary of Sate...
Archived
What to do and what will the penalties be for finace's unfiled taxes for past 6 years as a partnership/co-owner of auto body?
Eric's answer
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Answered on June 22, 2018
Each of you is responsible for your own debts both taxes & loans. You both have difficult legal issues so I suggest you both get legal advice...
Archived
What is the statute of limitations
Eric's answer
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Answered on June 20, 2018
I believe the short answer is no, you are not personally liable for the corporate unpaid personal property tax bill and so they cannot legally hold...
Archived
Can I get a lien off my house.?My boyfriend owed taxes Irs put lien on without telling me
Eric's answer
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Answered on June 18, 2018
The cigarette tax that's collected and unpaid becomes a lien and there's no statute of limitations. BUT the lien should be reviewed by a tax lawyer...
Archived
Should Ineritance be taxed.?
Eric's answer
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Answered on June 18, 2018
Your question is really two questions. Inherited IRA's can be taxable or non-taxable depending upon what IRA type it was for the decedent. In...
Archived
I'm I responsible for my deceased ex- husbands child support ?
Eric's answer
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Answered on April 23, 2018
If you filed separately from your deceased husband then the refund is all yours & should not be taken. If you did file jointly then you should...
Archived
If I inherited IRA can I whith draw the funds or I have to put to inherited account ?
Eric's answer
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Answered on April 23, 2018
The answer to your questions is very complex & requires a lot of your details & you should hire a tax lawyer to advise you.
Archived
I want to payoff my son’s school loans without causing the payoff to be treated as income to my son. Is a gift an option?
Eric's answer
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Answered on April 21, 2018
Generally, a parent paying for a child’s loans through college are not considered gifts but parental support. Nor would such payments be income....
Archived
Can Ido anything else with Inheritad IRA.s besides transferring them to a Inherited IRA account ?
Eric's answer
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Answered on April 18, 2018
There are choices you have but you should seek a good tax lawyer to help you make them.
Archived
What impact will non-custodial parent illegally attempting to claim children on tax return have on their SSI benefits?
Eric's answer
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Answered on April 16, 2018
Regardless of who claims children as dependents, only one would win in the end. Absent a written order or agreement, the parent who has more than...