If I am foreclosed on will I be liable for any taxes on the first and the heloc?

If your mortgage company forecloses, there is a chance it will give you a Form 1099-C next year, representing the amount of the forgiven debt. ...

I understand there's no FBAR in California. Aside from taxes+interest there should be no penalties due tax underpayment, right?

You will of course owe the extra income tax, and associated penalty and interest, on the unreported foreign income. This assumes that you have, or...

What would be the tax withholding for an employment lawsuit litigation settlement payment (check)?

You should expect it to be treated just as any ordinary paycheck. However, I have seen exceptions to this. Has your attorney discussed this with...

The IRS has had a policy that if someone is audited twice, and no tax was due, they will not audit again. Perhaps a tax attorney can bring this to...

Contested life insurance

You should consult with an attorney at this point. You might call Jeff Diamond at 404-814-0000.

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Should I consult an attorney and what validity I have to file suit?

It is unfortunate that your family has put you in this frustrating situation. Your legal rights are limited at this point. You may want to...

I was employed by a co for 17 yrs that was due to close due to loss of business; however, we were bought by another company.

It is possible that the new company might be consider a successor organization, and therefore liable for its predecessor's obligations. Please...

If you have a medical bill you are trying to pay off and the billing department wants you pay X amount..

Do not agree to X if you can only realistically afford Z. This will increase your problems in the future.

I just purchased a house. I was never told that the owner had appealed the property tax amount. Now the tax has increased back

If they were appealing it, they were attempting to get the value decreased. This could only help you, and there would arguably be nothing to...

Am I obligated to receive Homestead status from my County in order to have the income tax benefits when I sell my house?

I suggest you reconsider your decision to not file for the homestead exemption. In most cases, I have seen considerable savings with the exemption.