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 Can my daughter's father, who doesn't have custody, claim her on his income tax for the child tax credit?
He pays 50 a month to welfare because I am on assistance temporarily. He's only paid for two months. I have full custody, but my husband goes to school full time, no job, and I am not in school ...


 How do I account for money lent to me from my fiancee?
My fiancee recently wrote me a check (in my name) for $20,000 to pay off my student loan to save myself money. I am paying her back (with half the interest rate the loan was giving me).

H...


 Just got married. Do I have to file married on my 2007 taxes if I am only married four monthes of the year?
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 Is the income tax a fraud?
Give me your opinion and post some videos
Additional Details
please put sources/evidence about your claims, don't just say it is or isn't a fraud....


 IRS stimulus check?
Hey what if you owe IRS? Will you still be entilted to a check? And don't say to go on their website and check out the FAQ, because i've checked and it doesn't say....


 My ss number and name did not match on my tax return, any way to get my stimulus check?
I have now changed my SS number to match my married name. How do I get my stimulus rebate check?...


 Would being in a higher tax bracket or a certain income, prevent you from claiming a 17 yr. old as a dependent
My exhusband usually claims our son on his taxes. This year his tax consultant told him he couldn't claim him as a dependent, because he is 17 1/2. I looked at the IRS website and I found out ...


 Can a person file with IRS if she is getting paid in cash only and she is self-employed?
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 Anyone know a free service to do taxes online?
I went to Irs.gov and checked out the free file sites there. I've tried two sites listed there unsuccessfully.

Both times I went through the whole process, got to the end and they ...


 Do I fill out income tax or not?
I wanted to start a self-employed, small eBay business. In order to buy items from wholesalers I needed a sales tax ID number. So I got my IBT number (Illinois Business Tax number). Consequently, I ...


 Does anybody knows why we pay taxes?
...


 Stimulus check, stimulus check, everybodys talking about them, who has actually recieved their stimulus money?

Additional Details
I havent heard of a single person thats recieved their economic stimulus money. Whats really going on?...


 I filed my taxes in february and now i owe the irs money...thats impossible i am a high school student?
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 My first name is spelled wrong on my tax refund check; will I still be able to get it cashed?
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 If I am scheduled for DD May 9th,?
will I be getting it tomorrow? have seen alot of people that was suppose to get DD already but they haven't gotten theirs yet,so i am just wondering if I will be in the same boat.
A...


 Do i need to pay taxes on my cash in hand make up artist job?
im a make up artist and when customers want me i go round to their house and do their make up for a cash in hand sum. i used to do this just once a week but now its more occasional. and im using this ...


 Do you think this daft new garden tax will really happen?
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 Can someone cash a check from their federal income-tax dating 3-25-05?? or is it too late.?
can someone cash a check from their federal income-tax dating 3-25-05?? or is it too late....


 Why didn't i recieve my stimulus refund?
I efiled my taxes through turbo tax, and had direct deposit back in february. As far as there qualifications i meet them all, and the last 2 of our ssn's are within the 00-20 category? Is there ...


 I want to give my 2 children $45,000 each for Christmas presents. Will I have to pay tax on that?
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D M
I need a loan for 2 million to pay off IRS back taxes. Is this possible?
Old taxes from years ago but IRS is getting anxious for the money. I own a business that is doing well and do not owe any current taxes. Just want them off my back. Hopefully we can compromise on a settlement.
                     
 




PepsiLime
Rating
Sure it's possible. What do you have for collateral? If the collateral is more than $2 million, then there should be no problem at borrowing from a bank. If the collateral is less than $2 million, then all I have to say is good luck.


Mathew
If you have made enough money to now owe the IRS $2 Mil you should be able to afford someone to make an offer in compromise or some sort of settlement. If you have the collateral to support that size of loan a settlement may just be a challenge. The IRS just may think that you are trying to avoid paying up.


Judy1
Rating
Two million? You've got to be kidding! Even with penalties and interest added on for years, that's a huge amount. You need to work with a CPA or enrolled agent that's experienced in OIC's to see if you can get that knocked down - I assume you already are doing that.

Getting a loan for 2 million dollars for this is pretty unlikely - you'll more likely just end up making payments to the IRS instead.


Spock (rhp)
Rating
what does your business or yourself have that can serve as collateral?

With plenty of collateral, your business' bank would likely be happy to make this loan.

AND, it might be cheaper, interest wise, to come to a payment plan deal with the IRS. Collateral likely wouldn't be required, either.


GL


Ask M
look for an IRS Attorney, after all the IRS can make mistakes too. Otherwise if you know it is accurate then set up payment plan that you can stick too.


Chris J, President at eTaxrelief
Rating
DM,

What type of taxes do you owe? Are these trust fund taxes against an old out of business corporation? Have there been civil penalties assesed against you by the IRS, it does not sound like this is individual tax liability. Have you filed all of your returns and determined the balance due is accurate? If your tax liability is that large there are alot of questions that should be addressed. You really should seek qualified help.


Christopher R. Jacquez, EA

President, eTaxrelief.com


wartz
Just like any other loan, you could get it if the lender thinks you are qualified. Reading between the lines in your post, it sound like you are really looking for an offer in compromise where IRS will settle the account for less than full payment. (As an enrolled agent licensed by the Treasury Department, this is in my professional area of expertise.)

If I have guessed right, you would have to offer an amount that represents what IRS is satisfied represents the reasonable collection potential of the account. In a normal context--and a $2 million liability is far from normal--this is a lump sum equal the equity that could be realized from the quick sale of all assets not exempt from levy and 48 times what IRS says you could pay on a monthly basis using its allowable expense standards. If you need more details you can send email to people who post in these forums.


ScamBuster
Beware of Advance fee Loan scams.
LOAN SCAM - Do Not Pay UpFront Fees.
Do not send money UpFront via Western Union or MoneyGram to any person or business in the UK, Nigeria or Canada in hopes of getting a loan. If you do you will learn a hard lesson & never see any Loan money.


lisa f
Rating
Am a private legitimate lender,i give out all kinds of loan which include:

AUTO LOAN

BAD CREDIT LOAN

PERSONAL LOAN

STUDENT LOANS

MORTGAGE LOAN

REFINANCE

PAYDAY LOANS

HOME EQUITY LOANS

DEBT CONSOLIDATION

BUSINESS LOANS.

Any interested person,co-operate bodies can contact me via:chelle_loan_services@yahoo.co.uk
co.uk


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