Can a bank or the govt take life insurance or social security money for a home in forclosure with tax liens & income tax owed?

I am sorry to hear about your troubles. Banks generally cannot touch social security, but the IRS can levy a portion of the social security. ...

What should I do from this step forward?

You should discuss this matter with an attorney and not online. Anything you say here can be used against you in a court of law. Call the Public...

How is a buyout treated for tax purposes?

It would probably be taxed as a capital gain. I say this with the caveat that it sounds like you dispensed with many formalities like a formal...

Which business entity is best suitable for us to get best benefits on taxes? Can I be the owner of the company?

There is no correct "one size fits all" answer to this question. A person starting who is thinking of starting a business should have a CPA, and...

What can I do about disputing a letter I received billing me $50 for unstopping my toilet?

Your landlord has some nerve charging you for your neighbor's bowel waste winding up in your bathtub! Document what is going on and take...

I was scammed online, is there anything I can do?

Unfortunately, there might not be much you can do at the end. You could pursue a civil action against this person. The only problem with this...

You might be able to solve your issues by getting a restraining order or injunction. This is not a do-it-yourself project and you would be penny...

Selected as the best answer

It depends on a lot of things like the income you are taking in and your expenses. You may need to send in over 35% of your earnings if you are in...

How to protect individual assets, hetero couple living together in California?

Under a California Supreme court case called Marvin, unmarried people who live together are deemed to have an implied agreement to split assets...

How did ftb take my 2015 tax return

The generally has 3 years to asses a tax against you from the date you filed your return and 20 years to collect the tax from you after the...