I am a Vietnam veteran myself. Thank you for your service.

It's best to contact the California Franchise Tax Board by phone and request a 30 day hold on collection.

They will ordinarily grant such a request.

Then immediately establish contact with a skilled tax attorney... View More

The Notice of Deficiency will set forth the deadline for filing a timely petition with the US Tax Court.

Filing such a petition is the best approach to insure that you are adequately protecting yourself.

The filing of the petition will generate a settlement conference with the IRS... View More

There are occasions when the creditors fail to honor such a request, whether it's sent certified or otherwise.

In any event, you have nothing to lose by resending the notices, other than the cost of postage.

It should be noted that once you file your bankruptcy petition, the... View More

In general, a taxpayer can file a claim for refund the later of:

Four years after the original return due date.

Four years after the date of a timely filed return.

One year from the date of overpayment.

Secured debts are treated differently in Chapter 7 bankruptcy than other kinds of debts. Although the secured debt itself may be discharged in bankruptcy (and usually is), the creditor may still have a right to take the property back if you default on the payments.

IRS Form 1041, U.S. Income Tax Return for Estates and Trusts, is required if the estate generates more than $600 in annual gross income. The decedent and their estate are separate taxable entities. Before filing Form 1041, you will need to obtain a tax ID number for the estate.