Payroll Tax Trust Fund Assessment Appeal Question
You will have to be prepared to file your appeal within the first 60 day period. You cannot count on the IRS to give you a new assessment. If...
Newport Beach, CA
Tax Lawyer at Newport Beach, CA
Practice Areas: Tax, Estate Planning
You will have to be prepared to file your appeal within the first 60 day period. You cannot count on the IRS to give you a new assessment. If...
This is not a tax question and you should repost it in the real estate section to get a better response.
Your are personally liable for the trust fund recovery penalty. You can make payments on this amount or attempt to make an offer in compromise.
Yes, this is considered income under Section 61 of the Internal Revenue Code unless there is a specific exception in the code and there is not.
You may have a filing requirement. If you are receiving alimony it is taxable. You may also qualify for refundable credits. See a local tax...
You need to make contact with the IRS and make an application for a payment plan. While the payment plan is being processed you should consider...
Debts discharged in a BK are excluded from cancellation of debt income under Section 108 of the Internal Revenue Code. This is reported on Form...
You will pay tax on your portion based on the money received less your tax basis in the property. If you received this as a gift prior to her...
Your best bet is to call the revenue officer that is on your case and work this out with them. Let them know that the money is coming and how your...
This is a tough question without more facts. It is not clear what contractual obligation your POA had to file these returns for you. You should...