Archived
What happens if the gov fines you and you cant pay but they wont settle or make a payment plan? No assets, only SS retirement
Bruce's answer
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Answered on October 18, 2012
Why don't you make an offer to settle the debt for less and see how they respond given your situation.
BW
Archived
Chapter 7. how is a reverse mortgage treated in ca as far a bk goes. my dad didn't get any $, he just remains in the home
Bruce's answer
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Answered on October 18, 2012
A reverse mortgage is treated as guess what - a mortgage.
Generally, a reverse mortgage pays out money from equity in the home. It would not be...
Archived
HI on September 22, 2012 I purchased a Mitsubishi Lancer GT 2013, the dealer wants it back, what should I do?
Bruce's answer
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Answered on October 15, 2012
Was your purchase contract and trade conditional upon obtaining financing?
You should review the terms of the agreement you signed. It may be...
Archived
I am a non-US Citizen. My wife, a US-citizen, had IRA accounts. Do I have to pay tax on the IRA accounts I inherited?
Bruce's answer
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Answered on October 14, 2012
You should consult with a good CPA and or Attorney in your area. This questions involves both rollover issues and estate planning issues.
BW
Archived
We received a notice that a laywer named [Name Removed by Avvo filed an attempt to collect order against my husband.
Bruce's answer
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Answered on October 14, 2012
Bankruptcy might be a solution if you and your husband have other debts you are concerned about.
Otherwise, other counsel have offered you...
Archived
Do I have to pay tax if I sold the house and invest all the money into stock account?
Bruce's answer
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Answered on October 14, 2012
The answer depends upon whether or not this was your personal residence.
1. You should review the IRS web site on rules pertaining to sale of...
Archived
Car dealer made an error in the sales contract and as a result my credit is ruined.
Bruce's answer
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Answered on October 13, 2012
More information is needed on your issue.
It would be best for you to seek counsel in your area.
BW
Archived
Can we still press charges if we initially did not ?
Bruce's answer
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Answered on October 13, 2012
Counselor Yablok is correct.
BW
Archived
For a small business where most sales are made online, do I need to collect sales tax for CA residents only, or everyone?
Bruce's answer
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Answered on October 13, 2012
I agree with counselor Neilsen.
BW
Archived
Is substituted service on a sole proprietor valid?
Bruce's answer
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Answered on October 13, 2012
Based upon the facts your describe the answer is no. However, you would need to challange that the service of process was defective before the...
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