Can a loan company take your taxes?

1 Answer

Answer :

Yes - and no... Any money you owe to the taxman takes priority over any other creditor. However - if you're talking about a tax refund - yes they can !

Related questions

Description : Can interest on Home Equity loan be deducted from federal taxes

Last Answer : The interest on most home equity loans is tax deductible. There are limitations to interest deductions for home equity loans depending on what the loan is used for. For more information about home equity loan tax deductions, see IRS Publication 936, Home Mortgage Interest Deduction .

Description : The purpose of strategic planning is to find ways in which of the company can best : 1. overcome losses 2. use its strengths to take advantage of attractive opportunities in the environment ... the expense of costly research and development while still getting the benefits 5. none of these

Last Answer : use its strengths to take advantage of attractive opportunities in the environment

Description : Is it legal to take a loan from a company when your mobile balance is exhausted ? When we run out of mobile balance, we usually borrow some money from the office. In the eyes of the law, will it be permissible to use that money ?

Last Answer : It is a type of loan. Debt is valid , as evidenced by the Sunnah and Ijma (consensus). [Mughni , Ibn Kudamah , 6/429]

Description : What state do you pay taxes to if you work at home, but are employed by a company in another state?

Last Answer : The company address on your pay stub, is where you are taxed from if you get a W-2 at the end of the year. If you are a contractor and the 1099 form is the tax form issued by the company than it is where you work from ( Missouri ).

Description : Can I write-off a records storage company as part of the cost to my business on my taxes?

Last Answer : Storage costs related to your business can be written off on your taxes. Storage costs include fees paid to storage services and companies.

Description : Can a private loan company call my friends?

Last Answer : I don’t think it’s legal. They have nothing to do with your loans. You can check with a attorney though for next course of action.

Description : Is there a pay day loan company that gives loans to people who receive social security?

Last Answer : answer:My Mother In Law was able to get loans on her Social Security Disability, so I suspect that you could. I believe she also used her car as collateral. She now has a certified payee who manages her money for her, so she doesn’t run out.

Description : Can a payday loan company garnish my wages? Also are they allowed to call my work and speak to other employees and tell them that I commited Fraud?

Last Answer : answer:When you took the loan, I'm sure you put your name on a contract. If you didn't meet the terms of that contract, they are allowed to try to claim their money. My rule of thumb ... a harassment claim, but that would likely cost you money to pursue. Still, most lawyers give free consultations.

Description : Which services for small business do you knowI want to start my own small business and I need a company to help me. We are talking about a reliable service for a loan?

Last Answer : I've use it -:// yazing .com/deals /creditrepair/Nucipy (just remove spaces, it's a affiliated link, but it good well with coupon code).It was recommended to me by a friend and I now only use it

Description : If you are a cosigner for someone to buy a car the car is reposses you are willing to pay the balance oon the car, but the finance company refuses to release the bill of sell and the balance left on the loan. I am willing to pay the balance what do I do ?

Last Answer : You should speak with the manager of the finance company and explain that you are willing to pay the car off and keep your credit in good standing.

Description : Can I stop my wages from being garnished for a defaulted student loan The company that is garnishing by check says that the money that is being taken from my paycheck is only paying their fee, not any part of the loan. Is there any way that I can repay it?

Last Answer : You cannot get out from under a student loan. If you have the ability to pay back the loan do so as quickly as possible as your interest will rapidly increase the principle, especially if part of your garnishment is not covering it.

Description : Does sba business loan to small company?

Last Answer : The Small Business Association most definitely makes loans to small businesses. The offer many types of loans as well as grants. Grants do not need to be paid back to the grantor. It would be in your best interest to look into grants first, loans second.

Description : When buying a house, will a loan company tell you your credit score?

Last Answer : Any type of loan company you talk to will be able to let you know your credit score. As long as you have a really good credit score you should have no problem getting a second home.

Description : NBFCs include ______ A. loan company B. investment company C. asset finance company D. All of the Above E. None of the Above

Last Answer : D. All of the Above Explanation: NBFCs include a loan company, an investment company, asset finance company (i.e. a company conducting the business of equipment leasing or hire purchase finance) and Residuary Non-Banking Companies.