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If I am self employed and claim my boyfriend, is it OK to put money in his bank account instead of mine?
Kent's answer
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Answered on March 27, 2015
In principle, there is nothing illegal about the deposit of money into your boyfriend's bank account. However, since most of the money you make is...
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We had an Offer in Compromise with the IRS 4 yrs. ago and are now being harrassed by them for the money. What can we do now?
Kent's answer
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Answered on March 18, 2015
It sounds like your Offer in Compromise went off the rails. There are a number of ways that could happen. For example, if an offer has been...
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Do I need a tax attorney or can I go to any tax preparer?
Kent's answer
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Answered on March 16, 2015
I agree with the prior attorney's answer and it is important you file your current year return timely. If your income is low, you may not be able...
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Turning in faulty people?
Kent's answer
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Answered on March 12, 2015
Now that more than 70% of tax returns are filed by computer, problems like yours are becoming more and more common. Unfortunately, they are...
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Bankruptcy
Kent's answer
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Answered on March 12, 2015
You can file a Chapter 7 bankruptcy and receive a discharge 8 years after your previous Chapter 7 bankruptcy. By this I mean from the date of...
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What is the single earner income limit to qualify for Chapter 7 bankruptcy in Oregon in 2015?
Kent's answer
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Answered on March 08, 2015
I agree withe the other lawyers who have answered the question. However, I would add that the nature of your debt may also be a factor. If your...
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What is the tax implication (both state and federal) for transferring ownership to my mom via quit deed?
Kent's answer
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Answered on March 03, 2015
You mention a mortgage on the property so I assume that the net equity in the house is small, certainly less than $400k. I you give the house to...
Can i use money from an inherited IRA to buy a home to avoid the tax due on the IRA?
Kent's answer
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Answered on March 03, 2015
You cannot avoid taxation on the IRA funds by making a first time home purchase. However, if you don’t want to take the 100% distribution, you can...
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Tax garnishment letter from State of Oregon Department Of Revenue
Kent's answer
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Answered on February 23, 2015
You appear to be doing the right things. You need to come into compliance with your tax return filing requirements. Be sure to take the tax returns...
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I owe the Oregon Department of revenue 3000.00 dollars.
This sum occurred from unpaid court fines that got turned over to
Kent's answer
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Answered on February 19, 2015
Unfortunately, the offset is automatic if ODR has already filed a warrant and notified the IRS. The only way you could stop the seizure of your...