Asked in Business Law, Civil Litigation and Tax Law

Q: I cant get my former business partner to sign a dissolution agreement and now I might have to pay her part of the taxes

At the beginning of 2018 my former business partner emptied our bank account and started her own business taking all the clients with her and spreading horrible lies about me. I've lost just about everything including my home, income, and reputation. I am still in business but I barely make enough to pay the bills and feed my family. I finally saved up enough money to have the taxes done from 2017 and 2018 but since she wont sign the tax return and wouldnt sign a dissolution agreement the IRS is saying i will owe $26,000.00 for 2017 and that since she refuses to sign a dissolution agreement we are still a partnership. I cant even write the money off that she stole. I dont want to go to the federal penitentiary but there is no way i can cone up with that or even make payments on it. Is there anything I can do about this because I'm at my witts end?

1 Lawyer Answer
Linda Simmons Campbell
Linda Simmons Campbell
Answered
  • Tax Law Lawyer
  • Burlington, CT

A: You need to speak with a good tax attorney to discuss your case in detail. If you do end up owing taxes that you cannot afford to pay there are collection alternatives available to you including an offer in compromise, a partial payment installment agreement, currently not collectible status, etc.

Just stay away from the places you see advertised on TV. Use Justia to find an attorney. Most of us offer a free consultation.

Bruce Alexander Minnick agrees with this answer

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