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Henry Daniel Lively

Henry Lively’s Legal Guides

321 total


  • Can Your IRS Tax Debt Be Discharged In Bankruptcy?

    An often asked question when taxpayers get into trouble and owe the Internal Revenue Service (IRS), is whether the tax debt can be discharged in a bankruptcy. The short answer is maybe. Certain criteria must be met to discharge the taxes and as always you must seriously consider ...

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  • IRS Statutes of Limitations

    An important issue in tax representation is always looking at the applicable Statutes Of Limitation. That is, the time period available to proceed with a particular action under the law. The key tax statutes of limitation are as follows: Statute of Limitation for IRS Collection a...

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  • The Mortgage Forgiveness Debt Relief Act of 2007

    The Mortgage Forgiveness Debt Relief Act of 2007 (the Act) gives important relief to borrowers that are considering a Short Sale, Deed in-Lieu of Foreclosure, or a Foreclosure. The Act is effective until 2013. Prior to the enactment of the Act if a borrower paid less than the ful...

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  • An Overview of the Offer in Compromise Program

    If you owe a significant amount of tax liability to the IRS there is a program that is available to you where you can actually pay the government less than you owe. It is called an Offer in Compromise (OIC). An OIC is not automatic and it is at the discretion of the IRS to grant ...

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  • Can't pay your taxes? Consider an Installment Agreement

    It is always better to file your return and not pay the balance due than to not file at all. Why? It is a crime to not file a return, but it is not a crime to not pay. In fact, the IRS has many programs for you if you cannot pay your taxes. One method to consider is an installmen...

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  • Preparing for and Appeals Conference

    If you are unhappy with the results that you received in an Audit, you have the right to appeal the decision. When you receive your 30 day letter from the auditor detailing the Examination Changes it explains that you have 30 days to contest the letter by discussing it with the a...

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  • How to Release a Federal Tax Lien

    When a Federal Tax Lien is paid in full or becomes legally unenfoceable, Section 6325(a) of the Internal Revenue Code requires the Intenal Revenue Service to release the lien. Another, often unknown requirement for the IRS to release a lien is when they accept a bond for payment ...

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  • You Were Audited and Received a 30 Day Letter

    You were audited and received a 30 day letter from the Internal Revenue Service. This is a Notice of Proposed Changes to your tax return. It can be for multiple years. Now what do you do? The first question you have to ask is whether you agree with the adjustments made by the aud...

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  • What If You Never Went to Appeals and Receive a 90 Day Letter?

    So you went through an audit and did not agree with the results. You wanted to take your case to Appeals, but before your appeal was granted the auditor issued you a 90 Day Letter. This is the Notice of Deficiency that gives you 90 days to pay the tax or petition the United State...

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  • Reassessment for property taxes

    With the current real estate slump it is a good idea to consider making an appeal to your county tax collector to have your property reassessed to its current market value. This can save you literally hundreds or even thousands of dollars in property taxes each year. The new valu...

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