Will I lose my Tax return because of my student loan?

As the two attorneys previously stated, Congress has given the IRS authority to apply your income tax refund to your student loan debt.

I have created a website for a political candidate ? is it tax deductible?

No. You cannot deduct the value of services you provide for free. In addition, this is not a buisness deduction because your client is not in...

Can the IRS assess tax on alleged income when it does not know the year in which the income was earned?

The IRS has broad powers to assess taxes. Some of the provisions are intended to regulate tax evasion, and tax fraud in situations where taxpayers...

Cost of a litigation

The first question is did you agree with the audit, or did you contest the audit? If you agreed with the audit, the company is liable for the...

In Ca, and during divorce proceedings, can a judge or court order a past State a Fed tax filing Re-Do?

California is a community property state. Your "6K jackpot" is community property that is subject to be taxed against the both spouses. Your spouse...

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Does the IRS have to send a notice of deficiency to both husband and wife?

You need to clearly understand that you have a legal obligation to file a tax return. If you do not file, the IRS can (and did) generate a...

California taxes

I have never known the FTB to purge its files. I have had cases going back to 1989, and the FTB provided me with tax returns forms for 1989 to...

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Would someone in their right mind sue a small corporation with no assets?

Your question is more of a philosophical question than a legal question. You have not indicated if you are being sued or why you are being sued. If...

Bought our home in 2004 for 460K then spent 79K on improvements. If we sell for 380K, can we write off the loss on taxes?

Unfortunately the answer is no. An individual's losses on personal transactions are deductible only if they qualify as casualty or theft losses. As...

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Do i have to pay property tax ?

Yes. Real estate is subject to property tax. You are not personally taxed, the real estate is taxed. The status of the owner is irrelevant.