Recent content by irsmedic

Excise tax is not the term. I think you mean sales and use. (more likely use)

It is easy for your 'friend' to get so behind. The IRS doesn't come knocking until a problem gets out of hand. One of the first things we tell our clients to end their tax problems, is did you stop your current tax problem? That is have correct withholdings, correct estimated taxes. There is no...

10 years from date of assessment. Many people do pay less than they owe by taking advantage of this rule. Call the IRS and ask what the CSEDs are. Theat isthe last date they have to collect.

If you are talking about property taxes, then the olny recourse for the town or city is to foreclose on the property to satisfy that obligation. You would have no obligation to pay.

To avoid a levy, all you need is a collection alternative. In your case it would be a phone call to the IRS to request a 'streamlined installment agrteement. No docs required. You'll pay about $300 month via direct debit. If you can't afford $300 a month you may want to loo into getting a...

Cicero --- you are not correct. The IRS routinely accepts OICs that my law firm submits. They love dealing with us and they tell us so/ Why? Because we make their jobs easy. That is not to say there are many folks who don't know what they are doing. Also you 20% down payment rule is for...

1. Title insurance will pay for it. 2. I hope you had title insurance. 3. If the liens were addressed to someone at the house, that does not mean that the lien attaches. I.e. husband could have been sole owner of house. But lien was for wife. If so, lien is of no effect. If it is a cloud, you...

States are very reluctant to being told to pound sand. Unlike the feds, the states can not print money. So they are more aggresive about collecting taxes than the IRS

Just as with feds there is no statute of limitations on assessment if you never file.

That was levy not a lien. Liens are notice that they may levy.

If your talking about property tax, then get a copy of a carfax to show you no longer own it and most town's tax collectors will accept that as proof of non ownership.