Got letter 2050 from irs...i am laid off, ..can i request the irs take what i owe from my 401K?

The IRS will almost never seize a 401(k) or any other retirement plan (such as an IRA) simply because the taxpayer asks them to do so. That means...

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Can you file a joint tax return after you have been legally separated?

No, you cannot do this, certainly not for federal income tax purposes and most likely not for state income tax purposes either (I don't practice in...

Is the decison a nullity?

You are incorrect. The Tax Court's decision is a valid decision until and unless an appellate court overturns or reverses the Tax Court's...

My wife went behind my back filed tax last two year and sign the checks can i sue her and we are divorcen process.

Your question is unclear: did your wife prepare a joint tax return without your knowledge and consent? If she did, then the returns are not valid...

Estate's assets are all joint bank a/cs. Estate is taxable How does executor secure funds to pay taxes?

The executor may, or may not, be required to use the funds in the joint bank accounts to satisfy the estate taxes, and possibly any income tax owed...

My land got sold at aution cause i owed on back property tax is it legal to do this without notifying me

You should immediately consult with local counsel with experience in matters of tax certiorari and constesting local property taxes. With respect...

Divesting as a minority shareholder from an S Corp.

There are several different issues involved in divesting yourself of all involvement in the corporation. First, the resolution of some of these...

Am I in trouble with the IRS?

It's very unlikely that you'll get into any legal trouble. The simple reason is that the money has not been stolen; it was deposited in accordance...

Do i have to file income tax return if i only live off of social security when I retire?

Part or all of your social security payments are taxable income; however, if that is the only income you have, then you are most likely below the...

Can my husband do the tax file without my permission and file for my two children also without letting me know?

No one can prepare and file a tax return for you without your permission. If your husband actually prepared and filed a tax return for you, either...