Mr. Atchley is correct - the Franchise Tax Board will essentially send a levy order to the bank every month until the outstanding balance is...

Is there any personal liability for me on taxes owed to the IRS and FTB on an S-Corp in California that dissolved 4 years ago?

The short answer is it depends on what type of tax was assessed. I'm going to make a few assumptions based on what I see most frequently, but...

I have not filed a tax return for several years... What do I do?

Step one is probably to hire an experienced tax attorney, CPA, or Enrolled Agent. Then I'd contact the IRS and any relevant state tax agencies to...

Can my wife and I claim our $500,000 deduction from the sale of our house which, on paper, is owned by a corporation?

Are you and your wife the only shareholders in the corporation? If so, you might be able to make an (extremely uncommon) argument that the...

I have provided the IRS an extracted copy of my 2011 Quickbooks file. They are demanding my entire file. What are my options ?

It sounds like you might have an overzealous auditor. First, Intuit's Audit Defense is useless in my experience. You cannot count on Intuit in an...

You don't need a copy of the SFR. The IRS filed a return with any income reported to them via W-2s or 1099s, then gave standard deduction and no...

Do I have to file an Income Tax? Where is the law that says I do? No one ever told me I had to pay?

It sounds like you've fallen into the "Tax Protestor" argument. It has no merit in court. Article I, §8 of the U.S. Constitution grants Congress...

Am I liable for tax debt if married filing separate?

Technically ,you are not liable for the tax debt since you filed separately. However, Arizona is a community property state and in some cases, the...

Can garnished wages over the amount of $3,900.00 somehow on taxes?

Your question isn't completely clear. Are you asking whether you can owe taxes on wages that you never receive because they are being garnished? ...

Would IRS remove some of my late filing fees and penalty interests for economic hardship?

Firstly, Mr. Podesta gave a fantastic answer. I wanted to add that if your filing history was clean (no balances or penalties) for 2007 - 2010,...