If I owe the IRS money and I have a settlement coming can the IRS take the settlement?
Clearly, IRS can levy on such settlement funds through "enforced collection." However, there may be "collection alternative," to enforced...
Albany, NY
Tax Lawyer at Albany, NY
Practice Areas: Tax
Clearly, IRS can levy on such settlement funds through "enforced collection." However, there may be "collection alternative," to enforced...
As always, the first order of business is to ascertain the facts. A competent tax attorney can do this for you. And, once the facts are known, your...
Since a joint return was filed, you are both liable for 100% not 50%, of the taxes, penalties and interest. However, you should secure the services...
You have a very serious IRS problem, which may involve criminal tax fraud. Accordingly, you should retain, ASAP, a tax attorney (not an accountant...
Your employer's actions are clearly illegal. However, you are still obligated to report to IRS any and all income, including cash payments. If you...
If you are not eligible for innocent spouse relief, you may still qualify for an offer-in-compromise, which is the "gold standard." This is a...
You may have a non-filing problem. If returns were required, you should file for the last six (6) years ASAP, under Voluntary Disclosure. And, of...
The inheritance will be subject to collection by the IRS. However, collection actions will be suspended during the pendency of an...
You can "Split" the taxes due under the Installment Agreement (I.A.) but IRS will not honor the "split." And, if there is a short-fall in payments...
You and your tax preparer may have serious exposure for tax fraud. Accordingly, you should consult with a tax attorney (and not an accountant) ASAP!