asked
A friend has claimed 9 exemptions on his W4 withholding for a couple of years and is concerned about potential IRS investigation or arrest. What should he do?
April 7th, 2023
My dad hasn't filed his taxes in over 5 years and may owe income tax for each year. He lives in California, is low income, and has been on unemployment on and off. He doesn't own a home or have savings. Can the IRS garnish his paychecks or unemployment checks? How long does it usually take them to start garnishing? Can they garnish his social security income when he starts receiving it? If he files for bankruptcy, does that prevent the IRS from collecting back taxes?
April 17th, 2023
My CPA forgot to file my state taxes for California and Indiana. My federal taxes were filed before the deadline and I received the returns. I will be getting a refund for my California state tax and owe $19 to Indiana. I plan to file them on Monday. Would this be an issue from my immigration standpoint as I'm on an H1B visa? Should I file for an extension, and is it true that missing the state tax deadline automatically extends the filing period for both states?
January 26th, 2023
I have an existing IRS tax lien and am in the process of buying a home with a land contract in Michigan. I owe $30k in back taxes, am on uncollectible status, and the SOL on my IRS debt runs out in 3 years. Will the IRS be notified of the land contract, and if so, can they take any action regarding it?
August 31st, 2024
I recently received a return where the IRS garnished it. However, they also held my 2016 return and never credited it or addressed it. I was hoping to recover it since I'm paid in full and owe no tax obligation. How can I get the funds from 2016 back?
December 9th, 2023
I have a full-time job in rural Western New York, but I own two rental properties in Illinois and travel there nearly every weekend to manage them. Are my travel expenses (flights, hotels, food, etc.) to Illinois deductible, and is there a limit on the amount I can deduct? For example, if I use a NetJets card for flights, can I deduct the value of each flight?
November 30th, 2023