I have an IRS lien from 2001 to 2007 taxes. Can they still try and collect all this time later?
The IRS has a 10 year collection statute. However, the statute does not begin to run until you actually file a return for the year(s) in question.
Newport Beach, CA
Tax Lawyer at Newport Beach, CA
Practice Areas: Tax, Estate Planning
The IRS has a 10 year collection statute. However, the statute does not begin to run until you actually file a return for the year(s) in question.
If you are a cash basis taxpayer you must deduct the expenses in the year they were paid. You can amend your 2016 tax return to include these...
California may consider you a resident based on the limited information you provided. If you are deemed a resident of California your income is...
Only one return can be e-filed. The return that gets there first will be your original return. If it is correct you need to do nothing else. If...
The IRS will not take your refund due to your sons child support obligations.
I agree with the other attorneys. Go to your bank and speak with the bank manager and ask for a copy of the levy notice they received from the...
Unfortunately, if you are under 59 1/2 years old at the time of the distribution you may be subject to an early withdrawal penalty. Also,...
If he is claiming you on his return and he does qualify to claim you as a deduction then it is tax fraud on his part. It sounds like you are still...
Yes, since you are giving the loan to him interest free interest income will be imputed to you at the applicable federal rate based on the term of...
He can make the payment arrangement, but they will continue to take your refund as an offset until they are paid in full. The best thing for you...