I'd appreciate any information or advice on the following fictitious tax situation.
Mary's income is community property. However, since she is a California resident I think that California has the right to tax 100% of it. I do...
Los Angeles, CA
Tax Lawyer at Los Angeles, CA
Practice Areas: Tax, Estate Planning
Mary's income is community property. However, since she is a California resident I think that California has the right to tax 100% of it. I do...
The IRS can take your personal funds if it is a personal tax obligation. In other words, if you fail to pay the taxes owed on your Form 1040, of...
You would continue to own property taxes. You would be wise to pay for a homeowner's insurance policy. You may also want to have an earthquake...
The EDD audit does not prevent you from selling the business. The EDD is unlikely to audit your new company simply because it is auditing your old...
If your husband created that tax liability while you were married then it is likely that you have joint liability for it as between you and the...
There are many competent tax return preparers and CPAs in Los Angeles who can help you prepare a 1040X. All of the information on your original...
A qualified domestic relations order is an order from the family law court that directs funds from your ex-spouse's retirement plan to you. It is...
Presumably the trustee put your portion in a CD in her name as a custodian under the California Uniform Transfer to Minors Act Account. If that is...
Your new husband will not become liable for your pre-marital tax debts. Pay special attention to Mr. Atchley's superby response.
If your tax preparer is confident that it is an IRS error then relax. It may take some time for the paperwork to be worked out.