2006-06-24 02:55:41 · 12 answers · asked by thereuben1 1 in Business & Finance ➔ Taxes ➔ United States
Thanks for all your advice. I think I might call the IRS and see if we can come to a settlement. Thanks again.
2006-06-26 21:18:56 · update #1
This matter requires more information. If the Federal Tax Lien was paid, then IRS should have issued a release of lien. Your credit bureau may still show that you had a FTL, but it should also show the release. If the FTL is over 10 years old and unpaid, it might be void due to the statute of limitations. However, many factors can extend the statute.
Call the IRS at 1-800-829-7650 to find out if the account is unpaid. They can send you a transcript of all the assessments and payments on the FTL period. If you owe more than $10K on business tax or $20K on personal tax, I'd hire a CPA, Enrolled Agent, or Tax Attorney if IRS won't work with you.
2006-06-24 11:00:15 · answer #1 · answered by exirsman 5 · 0⤊ 0⤋
get an attorney who can negotiate with the IRS to reduce what you owe. you will save money this way -- but you do need a specialist that has preferably worked for the IRS as an attorney. Such an attorney will know the ins and outs of the system better then most.
Going to the IRS? You have to wait, negotiate yourself, and have little knowledge of the ins and outs.
Good Luck
2006-06-24 03:14:53 · answer #2 · answered by Who me? 3 · 0⤊ 0⤋
The IRS wants to be paid. Get a tax attorney or cpa experienced in such matters and pay your tax in exchange for release of the lien. You can try to represent yourself, I suppose, but it will be worth the money if you have a big tax bill to get professional help.
2006-06-24 05:34:39 · answer #3 · answered by ? 5 · 0⤊ 0⤋
If it is an I.R.S. tax lien, I would call the I.R.S. as they are usually very good at working with people. An attorney can not get you out of a tax lien and will just cost more money. When you call the I.R.S. though, be prepared to be on the phone a while.
2006-06-24 03:00:24 · answer #4 · answered by nana4dakids 7 · 0⤊ 0⤋
1. Even if she could gift it to you, she'd still pay tax on it. 2. All liens MUST be satisfied at sale.
2016-03-27 02:58:23 · answer #5 · answered by Anonymous · 0⤊ 0⤋
i owe the irs about 12,000 in back taxes and i have not filed in 4 years what do i need to do just started working about 2 months need to know what to do
Reg
2016-04-06 08:35:45 · answer #6 · answered by Reginald 1 · 0⤊ 0⤋
you don't need an attorney.. IF you owe,,then pay... why would you pay for an attorney to tell you the obvious. Call the IRS. we will work with you,,,if we can.
2006-06-25 02:50:06 · answer #7 · answered by ari_is_me 3 · 0⤊ 0⤋
Need attorney who specializes in taxes, and who has good experience. Not all attorneys know about taxes.
2006-06-24 03:04:32 · answer #8 · answered by rockEsquirrel 5 · 0⤊ 0⤋
i would call the irs first
2006-06-24 02:59:08 · answer #9 · answered by purple rain 5 · 0⤊ 0⤋
call the irs.
2006-06-24 02:58:43 · answer #10 · answered by boo 5 · 0⤊ 0⤋