Can we defer payment for tax audit due to coronavirus

Under their People First Initiative, payments are suspended until July 15, 2020. However, interest and penalties continue to accrue. Automated...

Does an installment agreement with the IRS toll the 10 year tax collections period?

The question is not an easy one to answer. The law has changed over the years and there have been years in which the law provided for extension of...

Try going to this website. It might help you answer your question and make a claim: https://www.osc.state.ny.us/ouf/

Tax on cash gift from a friend who is now deceased

A recipient of a gift is not responsible for gift taxes. A gift is also not subject to income taxes. The person who gave you the gift is also not...

Do I need a lawyer to claim bankruptcy?

Prices....always remember you get what you pay for. You should not compare attorneys based on the fee they charge. Rather look at their background...

What you contemplate on doing may result in serious issues regarding your condominium since it will arguably no longer be your "homestead". You...

That form is an official bankruptcy form and is issued by the bankruptcy court. It provides information regarding the court, the debtor, and the...

All your debt must be listed in your bankruptcy petition. You can reaffirm debts, however, I always advise clients against this. The purpose of a...

The portion of the refund attributable to the earned income credit is exempt from creditors and the trustee if the exemption was claimed in your case.

Will I not be able to claim my child?

Assuming you were divorced after 2008, the custodial parent (you in this case) are entitled to claim the child. In order for your husband to be...