Need to reduce to amount of back taxes that I owe. I owe too much.?

Need to reduce to amount of back taxes that I owe. I owe too much.?
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1 Answer

Answer :

Owing back taxes is not very fun. To get rid of this debt, or reduce it (which is probably more likely), talk to a local tax professional. Many cities have debt specialists that offer free services too. Check one out.
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Related questions

What kind of attorney would I need to help with back taxes I owe?

Description : What kind of attorney would I need to help with back taxes I owe?

Last Answer : You would need a skilled tax attorney to help you with back taxes that you owe. An attorney will be able to help you far better than you can help yourself because it is their job to know everything about taxes.

How many democratic congressmen owe back taxes?

Description : How many democratic congressmen owe back taxes?

Last Answer : What is the answer ?

Should I contact the IRS if I owe back taxes?

Description : Should I contact the IRS if I owe back taxes?

Last Answer : Yes definitely contact the IRS with regards to taxes. Often you can workout a payment plan. Many times penalties and interest can be removed. When these are added they increase the taxes that are ... will the IRS. They can often negotiate favorable terms for you regarding the back taxes. Good luck!

My ex wife owe over $20,000.00 in back taxes. Years owed 95,98,99, and 2000.I recently filed this missing years and now have a fairly accurate assessment of what we owe. Unable to pay without filing Chapter 7 or 13.Income is stretched to the limit. ?

Description : My ex wife owe over $20,000.00 in back taxes. Years owed 95,98,99, and 2000.I recently filed this missing years and now have a fairly accurate assessment of what we owe. Unable to pay without filing Chapter 7 or 13.Income is stretched to the limit. ?

Last Answer : If she is your ex-wife, you probably aren't liable for her back taxes. Usually, your legal separation agreement will stipulate that you are each responsible for your own taxes. If so, I would think you're off the hook for this.

i am selfemployed and i owe taxes for 2005 and 2006 i cannot pay them because of back and knee apoerations and filed for disability and the keep adding on penality and interest can you help me get them reduced?

Description : i am selfemployed and i owe taxes for 2005 and 2006 i cannot pay them because of back and knee apoerations and filed for disability and the keep adding on penality and interest can you help me get them reduced?

Last Answer : first locate a disability and tax advisor or tax lawyer.they will be able to tell you and advise you ways the IRS wont

I had a payment plan in place to pay my back taxes owed to the IRS (approx 1500) they took my Stimulus Ck and I think my balance might be around 1200 - 1500. How do I find out what I owe them today. and how do i re-enter a new agreement with them?

Description : I had a payment plan in place to pay my back taxes owed to the IRS (approx 1500) they took my Stimulus Ck and I think my balance might be around 1200 - 1500. How do I find out what I owe them today. and how do i re-enter a new agreement with them?

Last Answer : Call the IRS and talk to an agent to find out your balance and how to enter a new agreement with them.

When you pay more than you owe in taxes and the IRS gives you money back, that money is called _________. A. A tax refund B. Gross pay C. Estimated tax D. An audit?

Description : When you pay more than you owe in taxes and the IRS gives you money back, that money is called _________. A. A tax refund B. Gross pay C. Estimated tax D. An audit?

Last Answer : A. A tax refund

How do I find out exactly how much I will owe in taxes next year?

Description : How do I find out exactly how much I will owe in taxes next year?

Last Answer : For me, when I claim 1, I end up with a sizable refund. I don't like getting a refund because that means the government withheld money that is rightfully mine that I could have invested ... they start asking questions and requiring documentation - this year I owe $240 so it worked out rather fine.

How is it possible that I owe so much money in taxes?

Description : How is it possible that I owe so much money in taxes?

Last Answer : What kind of question is that? What kind of answer are you looking for?

Can a tax chart help you to figure out how much money you owe in taxes?

Description : Can a tax chart help you to figure out how much money you owe in taxes?

Last Answer : Yes, a tax chart help you to figure out how much money you owe in taxes. You can find a tax chart online.

Confused: Why would I owe taxes?

Description : Confused: Why would I owe taxes?

Last Answer : answer:In my head, glancing at the EZ form and the tax table it looks like you owe $963. I could easily wrong. Hopefully someone who has a pen and paper can do a better calculation for you. I didn't ... it's that simple then it looks like you owe $388. Not sure? What number did you come up with?

What if I don't file my state taxes and the state would owe me money?

Description : What if I don't file my state taxes and the state would owe me money?

Last Answer : Nope. If they owe you money and you don’t file you are fine. I’m not sure why you wouldn’t since you have already done the hard part (filling out the forms).

How do I make arrangements for tax payment for taxes I owe to California Thanks, VHar?

Description : How do I make arrangements for tax payment for taxes I owe to California Thanks, VHar?

Last Answer : How do I make arrangements for tax payments for taxes I owe to California?

on my city tax, if i owe no taxes and aren't getting a refund, can i file a day late?

Description : on my city tax, if i owe no taxes and aren't getting a refund, can i file a day late?

Last Answer : No you need to file anyway or depending on your city they will pentalize you for being late then have to pay a pentality for being late in filing

how can i find out what i owe taxes on for the year 2003?

Description : how can i find out what i owe taxes on for the year 2003?

Last Answer : Learning tax credit for which your family is eligible, you can only take the credit for the amount you owe in taxes.the following website gives more info abt www.nsuok.edu/finaid/incometaxcredit.html.

I have delinquent property taxes and they want to take my home. what can i do I owe 2 years worth. I went thru a bad divorce and could not pay.?

Description : I have delinquent property taxes and they want to take my home. what can i do I owe 2 years worth. I went thru a bad divorce and could not pay.?

Last Answer : immediately go to your family lawyer and explain your position, and ask some more time for that one it is better idea.

Find Out If You Owe Taxes On A Relocation Package?

Description : Find Out If You Owe Taxes On A Relocation Package?

Last Answer : Getting a relocation stipend from an employer can help you offset your moving costs. However, many employees do not realize that they have to pay taxes on a relocation bonus. Depending on how your employer ... doing your taxes less stressful. You do not want to be surprised with a high tax bill.

if you cosign on a bail bonds are you just responisble for that person showing up to court or are you also responible for the amount they may owe once they go to court if they dont pay?

Description : if you cosign on a bail bonds are you just responisble for that person showing up to court or are you also responible for the amount they may owe once they go to court if they dont pay?

Last Answer : You are responsible for the cost of the bail bond if the individual does not show up. It's up to the individual to get himself/herself to court, though some prodding might not hurt. If ... is resolved requiring fines or court fees, the individual is responsible, not the person who posted the bond.

i owe child support. i will receive an inheritance from my mother whom died in january. will i receive the inheritance or will it be reduced by the amount of child support i owe?

Description : i owe child support. i will receive an inheritance from my mother whom died in january. will i receive the inheritance or will it be reduced by the amount of child support i owe?

Last Answer : Hi there, first let me say I am sorry for your loss. Secondly yes, the state can and will take child support out of your inheritance if you are seriously in arrears in your payments. I guess it ... or if you can afford it, just get yourself current with some of the inheritance money. Good Luck.

Can I find out how much back tax I owe on the IRS Web site?

Description : Can I find out how much back tax I owe on the IRS Web site?

Last Answer : The best way to find out how much back tax you owe is to call the IRS or visit your local office. You can also contact a professional tax team, like a tax attorney or CPA, to act ... also request your Record of Account and Account Transcript which will give you a summary of your account activity.

If a person you owe money to has died, and the deceased DID NOT have a will, do you still have to pay back the loan?

Description : If a person you owe money to has died, and the deceased DID NOT have a will, do you still have to pay back the loan?

Last Answer : You still owe the estate. The court will decide who gets the money but the debt is property of the estate.

if i owe back pay for child support and i receive paybay for disability for social security will the automatically take it from my check?

Description : if i owe back pay for child support and i receive paybay for disability for social security will the automatically take it from my check?

Last Answer : Your disability benefits will not be attached. You should, however, make an arrangement to start making payments against the child support arrears. Otherwise, the state can attach your wages, your assets, ... jailed. Any effort you make to support your child is looked up with favor by the court.

can I stop child support from garnishing my wages if I don't owe anything in back child support ?

Description : can I stop child support from garnishing my wages if I don't owe anything in back child support ?

Last Answer : Court dates can be postponed for any number of reasons. If it appears this is a stalling tactic by the other party, you may want to have your lawyer file contempt.

How much do I need to owe before I can get tax relief help?

Description : How much do I need to owe before I can get tax relief help?

Last Answer : You can always get free tax help from the IRS. It doesn't matter what you owe.

Do you think Trump is trying to reduce the trade deficit by imposing taxes on importers and people who buy imported goods in the form of tariffs?

Description : Do you think Trump is trying to reduce the trade deficit by imposing taxes on importers and people who buy imported goods in the form of tariffs?

Last Answer : On the supply side; grain and produce numbers are DROPPING for USA farmers. So, no it is will not reduce deficit because we have reduce what is being sold to China and others impacted by tariffs.

How can I reduce my personal taxes?

Description : How can I reduce my personal taxes?

Last Answer : A great way to reduce your taxes is to have your company put you on a budget. What I mean by this is your company will draw up a budget for the money you receive each year. The money will ... such as housing, insurance, etc. This will give you multiple tax brakes that you wouldn't normally receive.

Say you are a 54 year old woman, ex-video game artist, with 4 months to go until you graduate with a degree in Studio Art. And you're broke. You owe the school 514. dollars in tuition and 200. dollars for a parking permit and you need to pay the school by this Saturday. What would you do?

Description : Say you are a 54 year old woman, ex-video game artist, with 4 months to go until you graduate with a degree in Studio Art. And you're broke. You owe the school 514. dollars in tuition and 200. dollars for a parking permit and you need to pay the school by this Saturday. What would you do?

Last Answer : or what? they fine you more? if you don't have the money, you don't have the money.

Say you are a 54 year old woman, ex-video game artist, with 4 months to go until you graduate with a degree in Studio Art. And you're broke. You owe the school 514. dollars in tuition and 200. dollars for a parking permit and you need to pay the school by this Saturday. What would you do?

Description : Say you are a 54 year old woman, ex-video game artist, with 4 months to go until you graduate with a degree in Studio Art. And you're broke. You owe the school 514. dollars in tuition and 200. dollars for a parking permit and you need to pay the school by this Saturday. What would you do?

Last Answer : or what? they fine you more? if you don't have the money, you don't have the money.

Say you are a 54 year old woman, ex-video game artist, with 4 months to go until you graduate with a degree in Studio Art. And you're broke. You owe the school 514. dollars in tuition and 200. dollars for a parking permit and you need to pay the school by this Saturday. What would you do?

Description : Say you are a 54 year old woman, ex-video game artist, with 4 months to go until you graduate with a degree in Studio Art. And you're broke. You owe the school 514. dollars in tuition and 200. dollars for a parking permit and you need to pay the school by this Saturday. What would you do?

Last Answer : or what? they fine you more? if you don't have the money, you don't have the money.

I am going through a divorce, my ex-wife needs to refinance,but we owe more than the house is worth we have a 1st&2nd fixed and never missed a payment in 10 yrs.also have a 740 credit score what can she do need my name off of the house.owe 300k worth 250k?

Description : I am going through a divorce, my ex-wife needs to refinance,but we owe more than the house is worth we have a 1st&2nd fixed and never missed a payment in 10 yrs.also have a 740 credit score what can she do need my name off of the house.owe 300k worth 250k?

Last Answer : You cannot get your name off the mortgage unless you refinance. You may be able to have her refinance the home if you sign a note for the difference between what she can finance for and what is owed. You can also contact the first and second lienholders and request a short sale without recourse.

I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?

Description : I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?

Last Answer : I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?” Topics: Hr Block

How much do I owe?

Description : How much do I owe?

Last Answer : answer:Nobody here can guess the amount of your payments, how often you make them, or whether your outstanding liability has been accruing interest over the years. We don't even know whether you' ... ve reached the right party, you should get the information quickly. Please let us know what happens.

Just How Much Attention Do We Owe Our Dogs?

Description : Just How Much Attention Do We Owe Our Dogs?

Last Answer : As long as you love them and they feel loved then that is all that matters, and I am sure they are loved.

How much do other countries owe the US?

Description : How much do other countries owe the US?

Last Answer : I dont know, i sadily want to say zero, because of our national debt and it being so out of control. Stupid U.S.

How much courtesy do I owe the people who treated me badly in high school?

Description : How much courtesy do I owe the people who treated me badly in high school?

Last Answer : I would just tell them what just told us and add a smile and possibly a wave bye-bye.

discount stores owe much of their success to a competitive strategy based on: -General Knowledge

Description : discount stores owe much of their success to a competitive strategy based on: -General Knowledge

Last Answer : Discount stores owe much of their success to a competitive strategy based on: low prices.

Is there Zakat on the money of the association ? I owe Rs 50,000 / - to one and Rs 47,000 / - to another. We have an association where I have deposited Rs. 150,000 / -. The money of the association is deposited in the bank , no work is done. Do I have to pay zakat ? How much more do you have to pay ?

Description : Is there Zakat on the money of the association ? I owe Rs 50,000 / - to one and Rs 47,000 / - to another. We have an association where I have deposited Rs. 150,000 / -. The money of the association is ... in the bank , no work is done. Do I have to pay zakat ? How much more do you have to pay ?

Last Answer : : If a person has zakatable assets worth the equivalent of 52.5 tolas (612.36 grams) of silver, then zakat is obligatory on him at the end of the year. So zakat has become obligatory in the case ... total amount of Zakat has to be collected by calculation. (Hedaya: 1/196 , Addurrul Mukhtar: 2/30)

How much do you owe?

Description : How much do you owe?

Last Answer : How much do you owe?Use this calculator to find out how much you owe. This can beused as a good starting point for your debt management plan. Enterall of your credit cards and outstanding installment loansbalances. Find out how much you owe and how long it will take topay it all off.

how do i find out how much i owe?

Description : how do i find out how much i owe?

Last Answer : how do i find out how much i owe

Marcy ordered one cheeseburger, a large fry, a milkshake for herself and one for a friend. How much does she owe? A. $3.75. B. $2.90. C. $4.25. D. $4.00.

Description : Marcy ordered one cheeseburger, a large fry, a milkshake for herself and one for a friend. How much does she owe? A. $3.75. B. $2.90. C. $4.25. D. $4.00.

Last Answer : D. $4.00.

Does the fact that "The Rich" are paying more taxes make you feel better that we are too?

Description : Does the fact that "The Rich" are paying more taxes make you feel better that we are too?

Last Answer : I would feel better if Congress would pass the appropriations for Hurricane Sandy relief that is needed and solve some problems instead of dicking around..

From what amount are taxes paid?

Description : What must be the income in crowns in order to pay tax? I'm not working.

Last Answer : If this is a regular income, then from ´any´ up. Random (one-time) income from 30,000 CZK / year. Then there are ´specialitky´ - income exempt from tax under certain conditions (eg income from car sales is exempt from tax if you own them for more than a year) ...

What is the dollar amount that you can make and not have to file taxes?

Description : What is the dollar amount that you can make and not have to file taxes?

Last Answer : How much money can you make and not have to file taxes?

What amount can I deduct from my taxes for a charitable car donation?

Description : What amount can I deduct from my taxes for a charitable car donation?

Last Answer : You can deduct about 500 dollars through car donation

What is the percentage of pay for workmens Compensation. Is this amount based on pay before or after taxes?

Description : What is the percentage of pay for workmens Compensation. Is this amount based on pay before or after taxes?

Last Answer : About 80% before taxes.

What is the amount of money a person has left of his or her income after taxes called?

Description : What is the amount of money a person has left of his or her income after taxes called?

Last Answer : disposable personal income

Pick out the wrong statement. (A) Gross revenue is that total amount of capital received as a result of the sale of goods or service (B) Net revenue is the total profit remaining after deducting all costs excluding taxes (C) The ratio of immediately available cash to the total current liabilities is known as the cash ratio (D) Consolidated income statement based on a given time period indicates surplus capital and shows the relationship among total income, costs & profit over the time interval

Description : Pick out the wrong statement. (A) Gross revenue is that total amount of capital received as a result of the sale of goods or service (B) Net revenue is the total profit remaining ... indicates surplus capital and shows the relationship among total income, costs & profit over the time interval

Last Answer : (C) Working capital turnover ratio = sales/net working capital

A physical count of inventory is taken at the end of an accounting period under a periodic system in order to a. verify the accuracy of the accounting records. b. determine cost of goods sold for the period. c. determine the amount of inventory purchased during the period. d. calculate property taxes.

Description : A physical count of inventory is taken at the end of an accounting period under a periodic system in order to a. verify the accuracy of the accounting records. b. determine cost of goods ... period. c. determine the amount of inventory purchased during the period. d. calculate property taxes.

Last Answer : b. determine cost of goods sold for the period.

A physical count of inventory is taken at the end of an accounting period under a perpetual system in order to a. verify the accuracy of the accounting records. b. determine cost of goods sold for the period. c. determine the amount of inventory purchased during the period. d. calculate property taxes.

Description : A physical count of inventory is taken at the end of an accounting period under a perpetual system in order to a. verify the accuracy of the accounting records. b. determine cost of ... period. c. determine the amount of inventory purchased during the period. d. calculate property taxes.

Last Answer : a. verify the accuracy of the accounting records.

Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Description : Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Last Answer : a) value of share