Archived
How Can i contest the IRS about money that I owe?how should I reply and do I need an Amendment before or after, if at all?
Michael's answer
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Answered on July 16, 2017
Based on what you describe, it sounds like you had a re-sale business which you should have reported on your income tax return on schedule C...
I have almost 40k debt should I file for bankruptcy?
Michael's answer
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Answered on July 16, 2017
You would be better off trying to settle/negotiate the discover card and doctor bills. Credit card companies typically offer settle for 50%, they...
Archived
My fiancee has a huge debt with the IRS, once married will I inherit his debt, ?
Michael's answer
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Answered on July 16, 2017
It is up to you if you are comfortable marrying someone with significant IRS debt. There are a lot of considerations of how this could impact you....
Archived
Can owing Taxes for IRS of a U.S.Citizen slow down Or Create a Problem for the AOS Process in getting a Green Card?
Michael's answer
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Answered on July 15, 2017
Potentially, it could create a problem. An immigration attorney will need to answer that question.
In regard to your tax issue. It sounds like...
How long will it take for a "federal payment " of child support be deposited in to my account?
Michael's answer
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Answered on July 15, 2017
If it is a tax refund that the federal government captured, then the processing times can be quite long. In a best case scenario, I would estimate...
Archived
Would renting servers from a 3rd party outside of the state of KY qualify for Sales and Use Tax in the state of KY?
Michael's answer
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Answered on July 15, 2017
Generally, the location of the property is where you pay the sales and/or use tax. You may want to get a formal opinion from a KY tax attorney on...
Archived
Am I subject to a fine from the IRS if I don't have Medicare part B?
Michael's answer
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Answered on July 15, 2017
You would be subject to is the fine for lack of health insurance if you had no other health insurance.
There is also a potential penalty to be...
Archived
How long can my Mortgage Co collect escrow for Taxes, when by law I am to pay no property tax in
New Mexico. ?
Michael's answer
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Answered on July 15, 2017
The worst case scenario I could see occurring is that the mortgage company waits until they go to pay the taxes, then make an adjustment to the...
What happens if I don't pay property tax on a home in Virginia?
Michael's answer
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Answered on July 15, 2017
Your best option is to call the tax assessor and ask them about the above issues and/or contact your local legal aid office.
Additionally, based...
Archived
Is TTD taxed or do I have to pay that taxes later. ?
Michael's answer
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Answered on July 15, 2017
If by TTD you mean Temporary total disability payments / workers' compensation payments, then GENERALLY no.
Based on the way you asked the...
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