Post Divroce, Offer in Compromiose Question

OICs are very tricky. It depends on all the OIC factors including income, assets, expenses, circumstances (like your change in circumstances),...

Taxpayer Advocate Service is not helping; I have a good case for an O in C. Can I go about this myself?

An offer in compromise can be complex and most are rejected when not handled by a professional. You should hire a tax attorney who can determine...

Delaware 501(3) corp. Wishes to form for profit subsidiary.

Seek an attorney who has non profit, tax and business knowledge who can structure this for you and talk about the best entity structure. This is a...

Federal Income Tax Lien

The lien only gives the government a security interest in the property. If you want to sell the property you can but you will need to file certain...

Can a donation letter be given to a seller of a property for a portion of the selling price if the 501c3 is on the deed.

The IRS has a good guide on charitable donations on their website. You will likely want to have an attorney work with the title company to...

It depends, if the condo is an income property, then yes, the amount can be deducted on your schedule E on the 1040. If it is your personal...

When your stepmom is still living do the biological children have any rights to their fathers belongings or finances

Yes. You should demand to see the trust and you should hire an attorney. Most people who are prudent enough to set up a trust when there is a...

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How long does it take once the lis pendis has been filed to complete the foreclosure?

If you do nothing, it could take only a few months. If you hire a lawyer and defend the case it could take many months and even a year or...

I am certain my lawyer overcharged me

If you have questions regarding your bill and the work that was done, you should ask the attorney for clarification. You can also ask for write...

Will irs or child support collections take my refund first?

Usually the IRS will take it first. Since you are going through so much hardship, you can try and get into currently not collectible status...