Student loan forgiveness taxes unpaid?
You should not worry about any criminal implications. You will not go to jail if you cannot repay this.
Atlanta, GA
Tax Lawyer at Atlanta, GA
Practice Areas: Tax, Business, Estate Planning
You should not worry about any criminal implications. You will not go to jail if you cannot repay this.
This is a serious situation, and you should be seeking your legal advice from an attorney that you hire, and not a website.
I would hire a tax attorney in your area. Then, you should file a Claim for Refund.
You can simply do a search on AVVO for the type of attorney you need, and in your local area.
Yes, you have to take tax out of the wages of your employees and pay them over to the government. It is a pain, but required. A payroll service...
Mr. Lucas gives good advice. Hire an attorney now to get real advice, and do yourself a long-term favor.
Likely no. But you can. Go to www.irs.gov and search Form 3949-A. You might even earn a reward if tax is collected from him due to your clue.
There is a possibility that there could be some recognized gain and hence, some tax in this scenario. We do not have enough information to give an...
Yes, you can apply. However, you should be asking these questions directly to the "tax company" that you have already hired and paid.
Technically, you do not owe any tax for 2015, unless and until a decision is reached in your Tax Court case.