Orange County Accountant » IRS

Can The Irs Take A United States Citizen’s Mexican Property To Pay Delinquent Federal Taxes?

admin — Fri, 26 Feb 2010 14:13:29 +0000

I am a 50 % owner of property in Mexico and my partner wants to buy my interest out. Will the IRS take my proceeds to pay my delinquent taxes?

Does The Irs Set A Reimbursement For Mileage On Company Owned Cars?

admin — Thu, 25 Feb 2010 13:31:08 +0000

I know the current IRS rate for personally owned cars used for business is 50cents/mile. I have a company owned car that I use and get reimbursed 17 cents/mile for business miles. Is that 17 cents a figure that the IRS sets or my company sets? I’m told that it is the IRS but now I am skeptical.

Will The Irs Intercept Your Tax Refund If You Owe Back Property Taxes?

admin — Tue, 16 Feb 2010 13:37:13 +0000

If we owe back property taxes for 2007 will our refund from the IRS be taken this year to help pay for the back taxes? Any info would be appreciated!!! Thank you.

How Does The Underpayment Of Irs Federal Income Tax Work?

admin — Mon, 08 Feb 2010 13:32:28 +0000

Say for instance that my 2006 taxes are fully paid.
Yet for 2007 after I file for my return next year in april that it turns out I underpaid by 2000 dollars.
Will I owe the IRS a penalty for this?
Second senario.
Say that for 2006 my taxes are fully paid.
But for 2007 I am also getting a tax return of around 100 dollars because of all my deductions such as charity, real estate tax and interest etc. Even though I technically underpaid the IRS before the deductions, after the deductions are accounted for I still have a return.
Will I owe any penalty for underpaying before the deductions are accounted for?
Please let me know what my consequences are for both senarios.

Can The Irs Hold A Husband Liable If His Alien Spouse Wins The Lottery In Her Foreign Country?

admin — Sat, 06 Feb 2010 13:50:04 +0000

Filipino spouse of American citizen retired and living in the Philippines wins lottery. Can the IRS assume the husband is liable for taxes on at least half of the winnings? What if the Filipino refuses to pay?

Is The Irs Permitted To Take Your Disability Income From You?

admin — Fri, 05 Feb 2010 13:32:05 +0000

My friend owes the IRS and they are taking part of her disability check each month. Can this happen? If not, what can she do to stop it?

How Does Irs Finds Out If Employer Paid Reimbursement Expenses To Employee?

admin — Tue, 02 Feb 2010 13:33:55 +0000

Does employer tell exactly how much they reimbursed to each employee?
In my company they paid me for some expenses, but no for all of them. So I want to know how does employer file expence reports to IRS. As a general amount or individually per employee.

Can The Irs Take Your Home If You Die?

admin — Thu, 28 Jan 2010 13:29:51 +0000

A single man dies while he is in debt to the irs, but he has a quit claims deed deeding his house to his daughter. Can the irs take the home before the daughter gets her inheritence? Will the daughter owe her fathers irs debt?

Can The Irs Hold A Past Employee Responsible For The Company Not Paying Taxes?

admin — Wed, 27 Jan 2010 13:52:18 +0000

I was a former employee of a construction company and always told the boss that we did not have the funds for taxes and that he needed to put money in the bank. I was an acting office manager but never signed any documents stating I was in charge. I told the accountant that I could not pay the amount and I told the bookkeeper as well. I now have a letter from the IRS asking me to meet with them! I am terrified!

What Irs Office Should I Contact To Verify That The Address For My Daughter Is Correct On Their Records?

admin — Tue, 26 Jan 2010 13:41:10 +0000

Everyone in the family received US tax return forms for 2006 and 2007 except my daughter who is now age 19. All of us live at the same addess in a foreign country.
I suspect identity theft. How can I ensure that that the IRS has her correct address and that 2008 tax forms will be sent to her and not to someone else who may be using her name and SS number?