I have a lawsuit settlement for overtime wages coming soon and I owe the irs. Can they take my settlement money?

W-9 doesn't get verified with the IRS. You should be scared because it is only a matter of time before the IRS starts taking your stuff. So instead...

Will the irs take my settlement on n a personal injury lawsuit if I owe back taxes??

If they don't know about it then they will not take it. You are asking the wrong question. you should be asking for help in resolving your tax...

I purchased a home fours before I got married. My husband owes back taxes, when I sell the home will IRS take any money coming m

The IRS files liens against individuals. That lien attaches to any property they own or thereafter acquire. If you own the property in your name...

What are the tax implications to transfer property from one Llc to another?

You really need to meet with a qualified tax planning attorney to properly do this in the most tax efficient way. There are other also non tax,...

Who has the right to claim this dependent?

A couple of things. There is no more dependency exemption for children. So that is a moot point. There is the child tax credit. It "appears" that...

Valuation of Indian Stocks on "FinCEN FBAR Form-114" and Claiming Loss from those Stocks on Form 1040?

You only report on your income tax return when you dispose of the investment and have a realized gain or loss. You do not recognize unrealized...

Can you claim tax on business that made below the minimum required income in order to receive work credits for SSA?

She should be filing a schedule C with her personal income tax return every year. Even though she may be below the filing threshhold for income...

I don't know what you mean by filed. W-4 doesn't get filed. You need to address this issue with your payroll department and see why they did what...

I just got a letter stating I needed to turn over my filed taxes and check once I receive it.

this is a question you should run by your bankruptcy attorney. Your refund can be an asset of your bankruptcy estate. Generally the refund due to...

Am I required to report to IRS if drawing social security disability on my parents social security and win money at a casino?

I don;'t know how much you won. there is a filing requirement threshhold. You will want to meet with a capable, reputable tax preparer to see what...