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Can I be held personally responsible for back withholding taxes from 15 years ago on a now defunct company?
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Answered on September 25, 2015
You say you were not notified before, but is it possible you were sent the information to the last known address on record with the IRS and did not...
Archived
The IRS says I owe back taxes. I believe the total is around $4000-$5000.
Magda's answer
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Answered on September 25, 2015
Do not ignore correspondence from the IRS. It just makes things worse and you may lose opportunities with them. Without knowing what the letter...
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Archived
IF you get audited by the IRS and your taxes were done by a tax business such ass Jackson Hewitt or h&r block how do you fix it?
Magda's answer
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Answered on September 25, 2015
You say that the taxes were done by a tax business "such as Jackson Hewitt or H&R Block". From this I assume that the taxes were not done by those...
Archived
Is there a Statute of limitation( do they forgive or forget unpaid tax )
Magda's answer
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Answered on September 25, 2015
From your facts it is hard for me to figure out what is going on. I will say this...if you did not file required returns then there is no statute...
Archived
Is there a statue of limitation on tax leins
Magda's answer
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Answered on September 25, 2015
Although there is insufficient information to determine what is going on in your case I wonder if you have tried to contest the item which is...
Archived
Can my federal tax return be garnished. i have been served a summons, who do i reply to, the lawyer who filed it or someone else
Magda's answer
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Answered on September 25, 2015
I am not sure what you mean when you say your tax return is being garnished since that applies to an attempt to obtain property in the hands of a...
If someone get an IRS tax audit notice, does she or he hire a tax lawyer or an accountant to speak to IRS auditor ? Difference?
Magda's answer
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Answered on September 25, 2015
I agree with the answers posted by my colleagues. I think I would stress to you that while the accountant may be knowledgeable about the...
Archived
If a mortgage company does a "forgiveness" of x amount of dollars is the person who holds the loan obligated to pay taxes on it?
Magda's answer
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Answered on August 02, 2015
The forgiveness of a debt is considered income for federal income tax purposes. If the debt was discharged through a bankruptcy proceeding then the...
How do I get a copy of my Federal tax lien and how long is the statue of limitations on paying back that lien.
Magda's answer
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Answered on August 02, 2015
If the IRS filed a federal tax lien it would be recorded in the public records of the county in which you live. Many counties allow you to access...
Archived
.who can access my federal income tax records?
Magda's answer
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Answered on August 02, 2015
The law sets forth who may have access to your federal tax return information. It is governed by 26 USC 6103. Follow the link below for the...