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My expertise is in collecting past due taxes and tax returns. Wage and bank levies, liens, Offer in Compromise, late filing. I spoke with over 20,000 people concerning their issues while I worked at the IRS (just retired).
Six plus years working for the the IRS in Collections. Worked with over 20,000 people on their IRS issues. Explained their options and usually worked out a solution while they were on the phone.
I have a tax related blog at: www.sallymae.typepad.com/collections
Masters Degree from Iowa State in Ames.
| User | Date | K | C | T | P | Comments |
|---|---|---|---|---|---|---|
| lyn | 10/30/09 | 10 | 10 | 10 | 10 | Thank you .I will call them. |
| james | 10/19/09 | 10 | 10 | 10 | 10 | thanks |
| eddie | 10/09/09 | 10 | 10 | 10 | 10 | THANKS! |
| Glenn | 09/02/09 | 10 | 10 | 10 | 10 | |
| Cesar | 08/14/09 | 10 | 10 | 10 | 10 |
Dear Linda, You will have to call your county tax department and ask about the taxes. My experience says that most places will not forgive your taxes, but you should ask. You may at least be able to
So, I assume you are in sales. I would ask the other sales people how they do it. My experience says that many companies just put it on your W2, but I would ask one of your colleagues how they handle it
Hi Lyn, You have two years to apply the profit from the sale of the house towards buying another house, but the house was only refinanced. Sometimes the income is handled as gift - incurring taxes after
You asked a lot of questions. Yes, your mother can give each of you the $12000. As far as filing your tax return - I would invest in TurboTax or a good CPA to do your taxes. TurboTax will walk you through
You would have to pay taxes on any amount from her that is over $12,000 annually. If you are a student there are exemptions for education - she could pay your tuition above the $12k without penalty.
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