How to purchase property that taxs are owed
You enter into a contract to buy the property. The escrow agent will accept the proceeds and distribute the proceeds to payoff the encumbrances...
Houston, TX
Tax Lawyer at Houston, TX
Practice Areas: Tax, Tax Fraud & Tax Evasion
You enter into a contract to buy the property. The escrow agent will accept the proceeds and distribute the proceeds to payoff the encumbrances...
Liens and other encumbrances have seniority based in filing date. If you are buying the property outright for FMV then the IRS will get its...
If you are a U.S. tax resident then yes you have to report the sale of foreign property on your tax return. You report your sales proceeds and...
Go to the IRS website IRS.gov and your state's tax website. You should be able see what tax filings apply to your situation.
The first question is did you include your portion of the community income on your separate tax return along with your separate income. If you did...
A couple of things. First an attorney cannot counsel you on breaking the law. This is not a tax issue but I don't see a category to reclassify it...
His 2014 taxes could not have been assessed before April 15 2015. So by the time he owed the FTB, he no longer owned the house and it was your sole...
Yes, reasonable prelitigation attorney fees that I believe cap out at $700.00. There is a scale depending on how much was spent on the tax lien...
Regular recurring commissions like this are considered wages and subject to garnishment. You can get in big and expensive trouble if you do not...
You can have a social security number OR an ITIN but not both.