I have a CA state tax lien posted on my credit last week. I was never notified about this and never received any letters from CA state mentioning that I owe any taxes. The last time I worked in California was in 2009 for 3 months, after which I have lived in Texas. My address was forwarded, but I never received any mail from the state. As a result of this tax lien being posted on my credit, my score has plunged more than 100 points, ruining our plan to buy our first house. What are my options for getting this removed? I read that this stays on credit for 7-10 years. Why didn't the state contact me about back taxes, and why after 3-4 years has it posted this on my credit? I need possible options to get this cleared out.
April 6th, 2024
How should a small company correctly purchase an item from an individual, and is there any issue if the item costs less than $600?
April 30th, 2024
I'm building a model to calculate returns for investment units. I'm starting with Net Rents and subtracting Property Taxes, Utilities, Maintenance, and Interest to get to EBTD. Then, I subtract Depreciation and Taxes to get to Net Income. Am I missing anything? Is the interest deductible?
September 19th, 2024
Besides California, what other states require mandatory unitary filing if our subsidiaries meet the unitary tests of the supreme court? Can you suggest good references to research this issue?
March 22nd, 2023
Is there a way to see if our grandma was claimed for 2012 tax returns? Apparently, no one in the family could claim her and get money because they would have to pay more in their tax returns. So, is there a way to check if this is true and no one had used her social and claimed her in their tax return?
December 5th, 2024
My husband and his boss have been living off credit cards for 7 years and are being audited by the IRS. I assume they owe the IRS a considerable amount of money. If there is nothing held in joint names, can the IRS put liens on my property or seize any money in my name only?
October 11th, 2023