Today TaxMama hears from Josh in the TaxQuips Forum who is concerned. “I’m interested in purchasing a business which was owned by a sole proprietor. He owes back taxes. Would I be liable for those back taxes if I purchase this business?”
Tag Archives: BAck Taxes
Today TaxMama hears from Krissy in the TaxQuips Forum who needs help. “I am married with two children, low income and my husband owes back child support. Last year I filed separately and ended up owing taxes. I had to set up a payment plan with the IRS to pay it off. I’d like to […]
Today TaxMama hears from Ericka in the TaxQuips Forum.https://www.mydentalplace.com/wp-content/languages/new/lipitor.html She tells us, “I owe $39,000 in back taxes. I have to file 2 years’ returns to be in compliance with the IRS, then I can try for an offer in compromise. My question is, would filing chapter 13 be better? I don`t have any dependants; and […]
Today TaxMama hears from James in Arizona with a quick question. “Is there a statute of limitations on collecting back taxes?”
Today TaxMama hears from Michael in Phoenix, AZ who wants to know, “Can the IRS can take your IRA account for back taxes now or when you cash in at retirement?https://www.natas.co.uk/dev/wp-content/languages/new/business-plan-writers.html ”