Does being in prison for 5 years extend my tax lien statue of limitations from 10 years ago

It's important to identify WHICH statute of limitations you are talking about. The Statute of Limitations on COLLECTION, called the "CSOL" by the...

Once an audit is started, they don't just go away. You either get a "no-change" letter saying that the IRS determined no adjustment were needed or...

No. Nor SHOULD you be able to receive any such benefit from 13 years of fraudulent activity. Do you have any idea how many problems you may have...

Tax Transcript and Federal Income Tax Return?

Yes, there is a difference between the two. Please see the other responses by my colleagues. "Used" for what exactly?

Of course you can file bankruptcy, but the question seems to be whether the bankruptcy would be beneficial in dealing with your tax problems. The...

I signed a separation agreement stating I would pay half of our joint liability tax debt. Can I settle my half of this debt?

Let's use the following illustration to make this simpler and verify that I have the facts and your question correct: You ("TPH - "Taxpayer...

Do NOT commingle personal and business expenses in the business account, even if it is a single-member LLC ("SMLLC"). There are multiple reasons...

I have not filed or paid taxes in years . I have a tax lien on my home. If I marry now does my new husband become responsible .

Great question; it's one we hear frequently. You have multiple levels of exposure here. First, you are at risk of criminal prosecution for...

Can I be held responsible for my taxes?

Your tax return needs to include a Form 4852 (Substitute for Form W-2) in order to show the Service that you are claiming credit for withholding...

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How can I get rid of IRS tax lien after I get the debt discharged in Chapter 7 bankruptcy?

The terms "secured/unsecured" and "dischargeable/nondischargeable" are not analogues in the Bankruptcy Code. For a debtor's liability for income...