Denver, CO asked in Tax Law for Colorado

Q: Advice on a non resident of Colorado responding to a demand letter for payment of taxes for monies that did not exist

State of Florida resident. Reported sale of stocks and bonds, dividends and interest that are not mine nor did any Federal filing ever reflect these. They are refusing to show me the purported 1099's listing nearly $100,000 in gains.

Related Topics:
2 Lawyer Answers
Tristan Kenyon Schultz
Tristan Kenyon Schultz
Answered
  • Tax Law Lawyer
  • Fort Collins, CO
  • Licensed in Colorado

A: Who is asking for the money? The IRS and state revenue departments do not send demand letters; the government audits. If you are getting a demand letter from a law firm for back taxes, this is very likely a scam.

Contact (and likely hire) an attorney to review the letter and advise on how best to respond (or not).

D. Mathew Blackburn
D. Mathew Blackburn
Answered
  • Licensed in Colorado

A: Get a tax attorney. The Colorado Dept. of Revenue tends to be a bit nasty and once they get an idea they don't let go.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.