Do I need to worry?
Contact the bankruptcy attorney and ask for a copy of your bankruptcy petition. If you don't trust him or her, then take the petition to another...
Orlando, FL
Tax Lawyer at Orlando, FL
Practice Areas: Tax, Business
Contact the bankruptcy attorney and ask for a copy of your bankruptcy petition. If you don't trust him or her, then take the petition to another...
Brian is right here. You may want to discuss this with a tax attorney who can dig into the issue.
If you have no intention of selling the property then you are likely fine. IRS typically has 10 years to collect an assessed tax year but that...
I agree that it is a big project and depending on the size of the NOL, may not be worth the cost. You would be able to get refunds/credits on...
Michael is totally correct. That being said, it looks like you are concerned about paying taxes on cancellation of indebtedness income, also...
The IRS typically has 10 years from the time of assessment to collect any unpaid taxes. The assessment typically happens when you file a tax...
This is very serious and you need an attorney asap for the tax matter. I deal with this stuff all the time. You will want to work with the tax...
You fill file his final tax return and still put the children on the return assuming he would be otherwise able to claim them. See a competent...
I am sure there are a lot of other facts that someone would need to properly analyze this. Why is he afraid to lose it? Does he owe money to...
I don't understand the question. Are you both U.S. Citizens? If yes, then you have a duty to file and pay taxes in the U.S. regardless of what...