Does a divorced person still owe the taxes generated in a previous marriage?
- David Greene
- Comments Off on Does a divorced person still owe the taxes generated in a previous marriage?
I have been asked this question many times before. The general answer is that he owes all of the taxes because he signed the return. For a joint return the signers are jointly and severally liable for the tax. This means…
What are my rights as a taxpayer?
- David Greene
- Comments Off on What are my rights as a taxpayer?
The Taxpayer Bill of Rights (TBOR) outlines the 10 fundamental rights taxpayers have when working with the Internal Revenue Service. The IRS wants every taxpayer to be aware of these rights in the event they need to work with the…
When can one discharge delinquent taxes in bankruptcy?
- David Greene
- Comments Off on When can one discharge delinquent taxes in bankruptcy?
The current bankruptcy law is very restrictive and is a “needs-based” law. Some taxes will be dischargeable and some will not. Because it is a “needs-based” law fewer consumers will be able to use Chapter 7 bankruptcy as a quick…
What is the proper way to substantiate unreimbursed business mileage expenses?
- David Greene
- Comments Off on What is the proper way to substantiate unreimbursed business mileage expenses?
If you drive your vehicle for work, but your employer does not reimburse you for this expense, you may deduct this as an unreimbursed business expense. You will report this deduction on Schedule A. However, for the IRS to accept…
Can the IRS assign my tax debt to a private debt collector?
- David Greene
- Comments Off on Can the IRS assign my tax debt to a private debt collector?
In 2015 Congress passed a federal law which allowed certain private companies to collect, on the government’s behalf, outstanding inactive tax receivables. However, currently there are only four contractors that are authorized for collection: CBE Group of Cedar Falls, Iowa;…
How to get your passport restored if it has been restricted due to delinquent taxes.
- David Greene
- Comments Off on How to get your passport restored if it has been restricted due to delinquent taxes.
In prior blogs, I have discussed how the Passport Restriction program works and listed some exceptions to the rule. Now I will list ways to get the restrictions lifted. (1) Pay the debt in full. (2) Enter into a full-pay Installment Agreement….
Will my student loan debt forgiveness be taxable?
- David Greene
- Comments Off on Will my student loan debt forgiveness be taxable?
When you take out student loans, you are borrowing money and are legally obligated to repay a fixed or determinable amount at a future date. You have a debt. Under the Income-Based Repayment (IBR) plan, your student loans will be…
Can the IRS make an employee adjust his withholding amount on his paycheck?
- David Greene
- Comments Off on Can the IRS make an employee adjust his withholding amount on his paycheck?
Yes, they can but sometimes you should voluntarily make that adjustment yourself. It is a common issue among our clients that they do not have enough taxes withheld from their paycheck. When you work as an employee, you fill out…
Will you get your refund after filing delinquent tax returns?
- David Greene
- Comments Off on Will you get your refund after filing delinquent tax returns?
The answer is yes and no! I will assume that you owe no other taxes. If you do, any refund will go to reduce those taxes first. The IRS has a rule that you can only get a refund for the previous three…
Will one ex-spouse’s Offer in Compromise absolve the other ex-spouse from liability?
- David Greene
- Comments Off on Will one ex-spouse’s Offer in Compromise absolve the other ex-spouse from liability?
First, the IRS does not care what your state court divorce order says. Since you and your ex-wife filed jointly, you both are jointly and severally liable for the entire tax bill. This means that you both owe the entire…