Category: Tax and Taxation Law Location: FL Subject: IRS Liens & Gifts to Children My father is old, sick, under med care, no longer working, has no assets, no real estate but owes the IRS approximately $30k due mistakes his accountant made in 95, 96, 97 &...
===========Question: http://www.lawguru.com/cgi/bbs/mesg.cgi?i=27320174===========Category: Tax and Taxation LawLocation: VASubject: Tax law if married a man who owes taxesI want to marry a man who owes back taxes.i am not sure if i do, will i be held for his back tax debt to i irs...
Should an Extension be Given to the IRS to continue an Audit? =========== Question: http://www.lawguru.com/cgi/bbs/mesg.cgi?i=556453537 =========== Category: Tax and Taxation Law Location: MA Subject: Audit Extension The IRS has been auditing my 2001 Federal return since April, 2003. After no communication since May, 2003, I received a letter last week...
IRS can accept Installment Agreements to pay PArt of Tax Due. New Internal Revenue Code Sec. 6603 provides for the Partial Payment of Tax Liability in Installment Agreements This new section clarifies the IRS authorization to enter into installment agreements with taxpayers for less than full...
New Mileage Rates for 2005 WASHINGTON — The Internal Revenue Service today released the optionalstandard mileage rates to use for 2005 in computing the deductible costs ofoperating an automobile for business, charitable, medical or moving expensepurposes.Beginning Jan. 1, 2005, the standard mileage rates for the use...
HOSPITALS WOULD NO LONGER BE EXCEPTED FROM PAYING EMPLOYMENT TAXES FOR MEDICAL RESIDENTS UNDER IRS PROPOSAL In what some analysts characterize as an attempted end run around court decisions that cut in the opposite direction, the Internal Revenue Service issues a proposed rule under which most medical residents and their...
Help for Child Tax Credit Available on IRS.gov The Internal Revenue Service reminds practitioners that taxpayers claiming the Child Tax Credit cannot claim the full $1,000 per child if they received an advance payment check last year. When figuring the credit, they must subtract the amount they...