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I recently found out my power Will their name be associated
with my bank accounts if I am
unable to be independent for
myself? Will the IRS take my
money? I found out the IRS has
taken cash from her bank
accounts!
Thanks!
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The IRS cannot take your money to pay your POA's debts; however, the fact that your POA has had a lien placed on her accounts indicates that she may not be the best person for you to trust to handle your tax matters. |
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Who is he absolute best tax I owe the IRS and I need the
best tax attorney in chicago.
I perfer someone who has
worked directly with this
attornery and that the
attorney has a Great rep for
resolving their clients issues
with the IRS.
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If you want the absolute best attorney in Chicago, be prepared to pay the absolute highest rates for the help. The amount you owe does not warrant calling in the top gun. If your self-prepared return is being audited you owe money you can't pay, an enrolled agent--a tax specialist licensed by the Treasury Department is what you really need. You can email me through my profile for additional suggestions. |
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does anybody know any good tax |
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Yes. I know quite a number of them. There are tax attorneys who deal with conflicts situations, including administrative appeals, suits in U.S. Tax Court and suits in U.S. District Court or the U.S. Court of Claims, which are the courts that handle matters against the IRS. Both state and county bar associations usually have tax sections, where you can find good tax attorneys. In California, the State Bar Association has not only a tax section, but a Litigation Committee of the Tax Section, which consists mostly of lawyers who do take on the IRS. The Los Angeles County Bar Association also has a Tax Section and a Litigation and Procedure Committee. The LA County Bar has a lawyer referral service that you can rerach online at www.lacba.org/ . There is also a lawyer locator service through the directory Matindale-Hubbell, which lists lawyer through the United States. You can reach it through www.martindale.com . Go to the lawyer locator. You can enter your area and look for a tax lawyer who does litigation, or conflicts work. The IRS is big and powerful, but they do make mistakes, and their mistakes can be corrected by administrative appeals or court procedures. The IRS does not always win. I do not know if this would apply in your case, but I would offer the comment that arguments like: "The income tax is unconsitutional" or other arguments that are called "Tax Protestor" arguments do not win in courts, and people who make arguments like that are usually badly treated. But if you have a legitimate beef with the IRS, and there are thousands of legitimate grievances against the IRS each year, you are in luck. There are a lot of lawyers who handle such cases. Good luck. |
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Issue with IRS resulting from In 2006, went to tax
preparer.Now in 2008 I got a
notice that my income was
adjusted due to omitted 1099-R
forms.
I not sure if i should seek
legal assistance from a tax
attorney, go back to the
preparer who omitted the info
or just to the IRS in my area
and work it out. The sum owed
is 6300.
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Sorry but I must disagree with your statement: "tax preparer omitting info". First of all your tax preparer filed your taxes with the information you provided at time of filing. Second you signed the return agreeing that all was true and correct. You must now file an amended tax return if you choose to do it yourself or take it to the same tax preparer is your choice, but don't go the preparer and tell them they "omitted" because it was not their fault. |
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How does the IRS tax a Will someone please tell this
guy before he sells this ball
for $500,000 that the IRS
cannot tax him on the value of
the ball, as the ball is not
money, the fan has not
received any money for it, and
the ball is worth nothing
UNLESS the fan actually does
indeed sell it. If the IRS
thinks it can do such a thing,
I doubt it would take much
effort for this guy to find an
attorney or several who will
take his case and successfully
argue that he has received no
income in relation to owning
this baseball. He is being
dupped into selling it for a
fraction of what it will be
worth 5 or 10 years from now.
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The ball is a collectible and is taxes as such. He paid zero for it an so the entire price he recieves when he sells is will be taxed as capital gains. If he sells this year they will be short term capital gains which are taxed as regular income but if he waits more than a year they are taxed as Long Term Capital gains. No he will not be taxed untill he sells it. Besides until it has been sold once it has no real value attached to it only guesses as to its worth. |
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