Questions answered by Steven Anderson Leahy

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Can a settlement in income taxes be negotiated after a payment plan is set up?

Steven's answer | Answered on December 11, 2013

The short answer to your question is "Yes." But there are many issues that may prevent that from happening. You haven't provided enough...

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Texas: seperated since April. 2 boys(13/8). No custody/visitation orders.. Can wife file tax return by herself & claim kids?

Steven's answer | Answered on December 09, 2013

Generally, absent an agreement, the party that the children lived with for the better part of the year is entitled to the deduction. I hope...

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I filed an Offer In Compromise for NC state taxes. Can they add a collection fee to my account if the OIC was in process?

Steven's answer | Answered on December 09, 2013

Your question seems to answer itself. You have tried twice and were denied. Do you really think they will waive the fee without any paperwork? ...

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Does the IRS have a strong case for 6694(b) penalties under these circumstances?

Steven's answer | Answered on December 09, 2013

Working with the IRS is ALWAYS difficult. But in this kind of situation, the difficulty increase immeasurably. You should go to an experienced...

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Should I offer the deed to my property back to the banks after it failed to be sold at property tax auction?

Steven's answer | Answered on December 09, 2013

You have a common problem. This is what I have gathered from your post: The mortgage company, or others, are not interested in taking on the...

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The irs sent me a withdrawal of request for collection due process or equivalent hearing

Steven's answer | Answered on November 21, 2013

It sounds like the IRS set up a CDP hearing and you did not participate. If you don't participate the IRS may automatically withdraw the request. ...

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2nd mortgage obtained illegally by care-taker & family home sold at foreclosure auction...now being evicted. Families rights?

Steven's answer | Answered on October 18, 2013

Only the owner can agree to a mortgage on a property. If the caretaker fraudulently obtained a loan, the mortgage company will not be able to move...

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If someone is the owner of a foreclosed property and is paid "cash for keys" funds, who is responsible for real estate tax?.

Steven's answer | Answered on October 18, 2013

Generally, when a homeowner falls behind on their mortgage the mortgage company pays any real estate taxes due. They do this to protect the...

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Receiving a lump sum of approx. $35,000 from my X's 401k. Will they take St. & Fed taxes out immediately?

Steven's answer | Answered on October 18, 2013

Not always. 401K payouts are a common reason people wind up owing the IRS. Be careful, review all the documents completely. If the taxes are not...

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Can I have my ex husbands income taxes held for back child support?

Steven's answer | Answered on October 17, 2013

If the State of Illinois is involved in collecting the child support, the State can levy any tax refund. However, if you are collecting directly,...

Steven Anderson Leahy's Answers (1212)

Can a settlement in income taxes be negotiated after a payment plan is set up?

Texas: seperated since April. 2 boys(13/8). No custody/visitation orders.. Can wife file tax return by herself & claim kids?

I filed an Offer In Compromise for NC state taxes. Can they add a collection fee to my account if the OIC was in process?

Does the IRS have a strong case for 6694(b) penalties under these circumstances?

Should I offer the deed to my property back to the banks after it failed to be sold at property tax auction?

The irs sent me a withdrawal of request for collection due process or equivalent hearing

2nd mortgage obtained illegally by care-taker & family home sold at foreclosure auction...now being evicted. Families rights?

If someone is the owner of a foreclosed property and is paid "cash for keys" funds, who is responsible for real estate tax?.

Receiving a lump sum of approx. $35,000 from my X's 401k. Will they take St. & Fed taxes out immediately?

Can I have my ex husbands income taxes held for back child support?