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Recent Taxes questions

I recently filed for Chapter 13 back in October of 2015. I

I recently filed for Chapter 13 back in October of 2015. I recently received a letter from the IRS stating I am being audited for tax year 2014. I am having trouble finding some of the items they are requesting.Being that I am in an open 5 year repayment plan with my Chapter 13, can they ask for payment on items back in 2014?

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Texas Atty

Juris Doctor

35,356 satisfied customers
Its not really a bankruptcy question. Its more on

its not really a bankruptcy question. Its more on garnishments and judgments. Is Mr. Terry still the right lawyer to talk to?JA: What state are you in? And has anything been officially filed?Customer: Arkansas. and yesJA: Have you talked to a lawyer yet?Customer: nobody open on the days im available. I live in rural arkansas and we literally have 2 lawyers. One is half deaf :/JA: Anything else you think the lawyer should know?Customer: Does Mr Terry deal with garnishments & judgements or?

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Terry L.

Partner

Doctoral Degree

2,862 satisfied customers
I Live in Florida house in NJ in foreclosure sheriff sale

I Live in Florida house in NJ in foreclosure sheriff sale tomorrowJA: Has anything been filed in civil court? If so, what?Customer: NoJA: Anything else you want the lawyer to know before I connect you?Customer: No

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

46,322 satisfied customers
Chapter 11: My business owes a lot of payroll back taxes.

Chapter 11: My business owes a lot of payroll back taxes. Last year I purchased property for the business location in my wife's name (cash -no mortgage). The IRS agent has come calling and wants my wife to transfer it to the business so he can levy/ seize it. I was hoping to set-up a payment plan, but the IRS agent is not cooperating. My tax attorney tells me I really don't have a choice because the agent could force it through the courts. As a strategy, I am thinking of filing a business Chp.11 and close it -this would force a payment plan for the debt and possibly decrease the employer's portion -I realize the employee portion is still owed....All this would be in an effort to save the property -but then there is the trust fund portion on my personal side. Therefore, my question is can they still come after my business property from the personal side -even if I file Chp.11 for the business? I can't afford to file for both/ personal & business.

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Maverick

Doctoral Degree

6,368 satisfied customers
My wife and I filed chapter 7 bankruptcy in may of 2015 and

my wife and I filed chapter 7 bankruptcy in may of 2015 and was discharged in aug 2015. we did have exemptions in the amount of $12734. I was waiting for back pay from a previous job in the amount of 31k which we disclosed to the trustee for the PA bankruptcy we filed. My question is the back pay was issued last month. the was 7300 paid in taxes from the check which left an amount of 23k. Now the trustee stated they were dispersing money to creditors that were involved in the case. according to the trustee i will not get my full exemption amount, I am only getting 5300 becauase the taxes that were orginally taken out had to be taken from my exemption amount and given to creditors. Can they do that. Arent i entitled to the full exemption amount. thank you fro your help.

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DrakeLAW

Juris Doctorate

544 satisfied customers
I am in chapter 7. IRs said we owed taxes from 2008 to 2012.

I am in chapter 7. IRs said we owed taxes from 2008 to 2012. Those are listed in our bankruptcy. We do not owe for 2013,14,,15 and all returns are in. In the meantime they sent a garnishment to our pay master(retired military ) and garnished anyway $1900. They referred us to a tax advocate name and number so they can give money back k. Should I file a motion w court saying it was seized improperly and it is to be returned or believe the advocate will do their job?

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37,840 satisfied customers
Regarding BK chapter 7,in Illinois state We are a family of

Hello,Regarding BK chapter 7,in Illinois stateWe are a family of four.I want to file BK by myself,NOT Jointly.I know that our family income must be maximum the "Illinois Median Income standards for Means Test" for a Family of 4,shows around $7000/month.Question:would that be the income BEFORE TAXES(=gross) of AFTER TAXES (NET)?Thanks!

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TJ, Esq.

Juris Doctor (JD)

10,642 satisfied customers
Are debts discharged in a CH 7 bankrupcy taxable? ,if I owe

Are debts discharged in a CH 7 bankrupcy taxable?For example,if I owe $5000 on a credit card,and the BK 7 "wipes out" the debt,would I have to pay tax on the "forgiven amount"?Thank you?

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Phillips Esq.

Attorney

Juris Doctor

17,990 satisfied customers
I 't know if I've selected the correct lawyer - My mother

I don't know if I've selected the correct lawyer -My mother called me with a debt collector on the line, my mom hasn't handled any of here of here own finances 2002, she my dad passed, at the time she could of handle her own affairs but ask me to do it - today at 72 yrs old she doesn't has the ability. The last time this happen was in March when old tax bill that I forgot (I also had 3 strokes and on disability as well) from MA went several years with nothing and then a letter with to garnishment from the MA DEPARTMENT OF REVENUE was attached, we are in a repayment plan. I not trying to dodge a bullet. am correct in I state and federal taxes can attached social security & pension ?My mother does get social security and a widows pensions from my father whom worked for GM. She had nothing in the bank, no savings not a dime and live paycheck to paycheck, over the last few years when I got sick and they garnishment my wife she helped us paying for our childrens day care so I could go to physical therapy to learn how to walk and talk again, She doesn't even on a car, she , she lives very modestly about 3 hrs away and on her own (something I am not sure that she will be able to continue to do) she is in poor health and really has nothing. The debt service call was about a judgement in 2010 for $16000 , I'm not quite sure how, I believe it was through 'default' - in the past I have appeared for her and handle these things but I can't remember this one, neithern can she - I have looked at the court records and the debt was filed one in my county not hers (Port St Lucie) it states she was spoken to by phone - I know it doesn't matter that neither of us remember this account or the court hearing because the have a judgement -which there trying to collect on it. Of course I can't settle the judgement because I can't payout a lump sum or have the ability to make a reasonable effort to make a payment arrangement on the judgement, apparently at the time I / we was paying a $100 a month on the debt but I stopped that was all they would tell me, she owns her house she is upside down in, her credit is aweful - while I was on the phone with the debt agency she stated "she has good credit, she owns a house, she has a car ' and trying to tell her this isn't true, but of course they don't want to hear it. The judgement paperwork states speaking with her the phone at the time the hospital for 22 months after a car accident I think that's why no remembers this debt or the account it's attached to, but I do know I can't fight the judgement and even if I couldn't I don't have the money for legal representation. So I have no idea what to say, we have always tried to help each other,my wife and I are racked up to our eyes with our own debt issues and we have just recently had to make several repayment deals because while I'm disabled it is tough for them to attach me (and my mother was disabled before she hit retirement age) but my wife keeps getting garnished and we keep paying because we can't come up with a bulk amount to start a better repayment plan and the cycle keeps going, I just wanted to give you a better scope of what is going on, if I had it's I would give it to her, my mother even gets meals on wheels I would sincerely ***** ***** as I did tell the debt agency collector I would contact her today, can they just 'dig up a judgement ' any time and force collection ? Should I tell them she is paying a state tax lien, the state / gov garnish social security wages ? I have nothing to offer I can't even make a constructive repayment schedule. I would tell her to go to bankruptcy court and file but I am afraid that she won't pass the way and means tests as I have run the numbers and she barely has -$300 a month because of the pension income, the debt agent stated that she must have something must of happened because they don't just reopen these thing for nothing, I was also told there is no statue on judgements, I lost half my collective brain capacity during my illness.Is there any way I can keep this from be publicly posted ?All help would be sincerely appreciated,

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Texas Atty

Juris Doctor

35,356 satisfied customers
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