My father recently passed owing some $60k in federal taxes. Is the estate responsible for the remaining bill?

There is a chance that you can avoid paying your father's past due income taxes. Of course, there likely will be income tax due on IRS...

How can you force an audit of a firm you own 40% of but have no relationship with the other owners.

If they are negotiating to sell the entire corporation, or to force you to sell against your wishes, you may be entitled to dissenters' rights...

How long will it take to receive your money after a disallowance letter from th irs

I can't answer your question without also reviewing the letter you refer to. In general, however, a letter such as this should mean that you will...

I have a house under contract in a short sale with 55,000 in tax liens and its taken 5 months and no release of lien. what to do

It would not hurt for your attorney to contact the seller's attorney to find out exactly is going on with the seller's lien discharge request. My...

Is my company liable for refunding money on a custom ordered sale?

You should consult with a lawyer, as the Uniform Commercial Code likely governs your situation. Make sure to inform the credit card company that...

Doe you know what type of attorney is used to settle IRS Lien

Your client's situation is common, and the question arises regularly. As the other attorneys have stressed, the last place your client wants to...

How do I structure a friend wanting to purchase 20% shares in my LLC that operates a franchise?

It appears that you have already structured your deal with your friend, and want simple documents to back it up. I would recommend you get legal...

Although my colleagues are correct that the IRS can and does criminally prosecute this type of case, you need to consider the civil (non-criminal)...

What are the tax consequences on an inheritance from a living relative?

In addition to the possible need to file a gift tax return, if your mother-in-law sold her house for more than a $250,000 gain, she will owe income...

I work at my dad's business which is owned by him and another guy, but he is filing a false income on my dad and the business.

Due to the evident shenanigans going on, it might be a mistake to inform the IRS at this time. You and your father need to first bring all of your...