Posts Tagged ‘Debts’
if i’m given IRS Power of Attorney (form 2848) for someone am i liable for their debts?
duran asked:
if a indvidual gives me POA with the IRS using form 2848 and i make installment arrangement on their behalf am i liable for the payments? the individual does have some money to make the payments. you can assume i am not intentioanlly misleadin cheating, etc… the irs. we are not trying to dispute the amount, just trying to help an individual settle his back tax amounts for a couple years.
is there anything i should be concerned with?
thanks.
the TP was a self contractor so either did not pay enough quarterly or none at all, but did files tax forms.
Tax Attorney
if a indvidual gives me POA with the IRS using form 2848 and i make installment arrangement on their behalf am i liable for the payments? the individual does have some money to make the payments. you can assume i am not intentioanlly misleadin cheating, etc… the irs. we are not trying to dispute the amount, just trying to help an individual settle his back tax amounts for a couple years.
is there anything i should be concerned with?
thanks.
the TP was a self contractor so either did not pay enough quarterly or none at all, but did files tax forms.
Tax Attorney
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Inheritance tax on a vehicle? Yes or No?
torilinn44 asked:
My husband’s father just passed away from cancer. He had no debts and owned one truck. Someone told me we may have to get an attorney and pay an inheritance tax to the state to have the title transferred into my husband’s name… Does anyone know anything about this?? Any information would be much appreciated
Tax Attorney
My husband’s father just passed away from cancer. He had no debts and owned one truck. Someone told me we may have to get an attorney and pay an inheritance tax to the state to have the title transferred into my husband’s name… Does anyone know anything about this?? Any information would be much appreciated
Tax Attorney