IRS
Selling a House With an IRS Lien
Too sell a home with an IRS tax lien, you should remove the tax lien before closing the deal. Q: I am an enrolled agent with 20 years of practice, and 30 years working for the IRS. I thoroughly enjoyed …
How to File Taxes For Previous Years
If you’re looking to file taxes for previous years, the good news is that you may still get refunds from the IRS. Q: I’m trying to get pointed in the right direction. I was in a motorcycle accident back in …
Selling A House With A Lien
Q: Does an IRS lien follow a homeowner or a property? We’re selling our home and we can’t get a straight answer from the bank. We consulted with another professional in the finance industry, and he says an IRS lien …
Tax Audit: Saving Paperwork
Q: How many years should you keep your income tax returns in case of an audit? A: You should keep your tax returns a minimum of 7 years. The IRS can come back and audit you for any reason up …
Last Minute Tax Tips for the 2012 Tax Filing Season
Last minute tax tips for the 2012 tax filing season. The IRS is offering Free File this year which may allow homeowners and other tax payers to file electronically at no charge. We’re now just one week out from the …
Reporting Cancellation of Debt Income to IRS
Sell a property or lose it in foreclosure, you may end up with phantom income and have taxes to pay taxes on the forgiven debt. Q: Will mortgage companies report to the government the loss of a foreclosed property so …
Avoiding an IRS Tax Audit
The necessity of avoiding an IRS tax audit can make the process of filing taxes feel like a minefield. Here are some tips for claiming the right tax deductions, avoiding fraud and hopefully, a tax audit. The tax season is …
Ilyce Glink Show – Election Year 2012 – January 8, 2012
It’s election year 2012. The U.S. Presidential contest has taken its role front and center in the national consciousness, and election years often mean uncertainty for business and the housing market. Also, we discuss the ongoing repercussions of the euro …
Ilyce Glink Show – How to Find a Job in the New Year – December 18, 2011
How to find a job in the New Year. Plus guest Eva Rosenberg, with her tax advice, discusses how small business owners can plan for the 2012 tax season. And as usual, providing personal finance advice, real estate advice and consumer advice …
Enrolled Agent Help With Tax Problem
Enrolled agent is often a better source to help with problems with the IRS. Q: I gave money to a well known tax advocate advertised on talk radio. They are terrible. I need to get a tax attorney or lawyer …
