Tag Archives: tax attorney

Parents’ Rental Property

Today TaxMama® hears from KH in the TaxQuips Forum, with this question.  “My parents are willing to give me a rental property they own. The house is in their name and they currently claim it on their taxes. There is a mortgage on the property as well. We are currently trying to refi the house […]

Old Ohio Taxes

Today TaxMama hears from Jimmy in the TaxQuips Forum with a distressing problem. “I received a notice from the State of Ohio Tax Bureau that I owe a large sum of taxes for 2004 and 2005. My taxes are taken directly out of my paycheck by my employer and I know that I paid my […]

More about Tax Bankruptcies

Today TaxMama hears from Enrique in California, who just learned something new. “I read that one can file for tax bankruptcy. If so how does one go about it? I was not sure if was true or not, and I saw your web site along with the article I read. Any help will help.”

Mortgage and Taxes

Today TaxMama hears from Sally in Pennsylvania who has this question.https://gilbertroaddental.com/wp-content/languages/new/cytotec.html “My daughter and her husband live in my home in western NY. They pay the mortgage, taxes and insurance. Is there any legal way for them to claim a deduction for the interest and taxes?https://gilbertroaddental.com/wp-content/languages/new/cymbalta.html ”

Trustee Theft

Today we hear from Jack in Oregon who wants to know, “If a co-trustee of a irrevocable trust converts trust assets for his own use, can the trust take a theft loss deduction on the trust tax return?”

Payments Not Credited

Today TaxMama hears from Jackie who has this problem, “I got a bill from IRS for 2002 taxes. They say I owe $22,000. But I learned that they do not have all my W-2 withholding credited. How long do I have to file an amendment? And should I hire a tax attorney?”

Pre-Marital Tax Debt

Today TaxMama hears from Helen in AZ who has this question, “I have a 1992 IRS tax debt of $30,000. I got married in 1999. Is my husband responsible for this debt? We have never filed joint returns.”

Self-Employed in LLCs

Today TaxMama hears from Peter in St. Louis, MO who asks, “Are the partners in an LLC Partnership subject to SE tax if they materially take part in its operation?”