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TAXMAN

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About TAXMAN

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    ATXaholics Anonymous

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  • State
    VA

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  1. I too have never had any luck in reducing a co to a amended return bill. Therefore I now have all amended returns pay up if balance due. I also have had issues where I asked for an amended refund be rolled and dang-it IRS sent check. Go figure.
  2. Further checking Virginia is indicating not filed within the statue for refunds.
  3. Ok I cannot find what I need on this topic. TP filed a Federal Extension for 2015 with a payment and noting he was to get a refund from Virginia no extension on Virginia's part was required. When TP filed Federal and state return on 8-02-2018 tp's Virginia return did show a refund. When state processed return in May of 2019 they denied his refund. I think maybe Virginia may be wrong however I can not find a statue similar to federal where filing that extension also extends the date for getting refunds. Any help in clarification on my part is gratefully accepted. Thanks
  4. I have a TP who moved her Ice cream stand from one location to another. The new location required Excavation $1300, Plumbing ($2000) Electrical work($1346). I think the Excavation becomes land improvement and the other 2 would become leasehold improvements? What dep rate would you use?
  5. 10:35 AM 5-07-2019 STILL DOWN?
  6. TP deceased(2018) holding bonds fully matured 5 years ago. TP did not include them in their returns for any year. Estate got bonds cashed early in 2019. Can I put this interest on the final return of the deceased or do I include them as income for the 1041 to be filed next year? I think I read I could put them on the final return of the deceased.
  7. Do you know how long VA will actually hold the stock before converting to cash? I found one I had completely forgot about because of circumstances surrounding my divorce. Only 8 shares.
  8. TAXMAN

    NT EMAIL

    Has anybody gotten the email that's looks like it came from yourself stating you have been owned and asking for bitcoins?
  9. TP has not done any of those things referred to in the link. TP said he has NOT gotten anything since the auditor put his account on uncollectible status 10 years ago. The levy sent to the payer came from ACS regular mail and no previous mail has been received. Your suggestions. It seems strange that this letter came uncertified. With what will be left to tp he will not be able to pay his estimates federal and state, nor make his house payment, nor his health insurance. TP even would not be left with enough to work to earn his income. TP is a self employed Real estate appraiser and travel is quite extensive. Just some added facts
  10. Levy was dated 4-23-2019. Does this make a difference?
  11. I must be missing something. If a tax year balance due is uncollectable due to the 10 year statue, how can they get a levy on your pay to pay for a tax that is uncollectible. Where am I missing the boat?
  12. On his paycheck. I thought there was a 10 year statue?
  13. Ok facts per lien: kind of tax 1040 tax period ending 12-31-2007 Date of assessment: 11-03-2008 last date for refilling: 12-03-2018 amount of lien 35k facts of levy kind of tax income tax period 12-31-2007 unpaid balance 38k TP in all the years has never extended nor did an offer. TP has kept all returns current including payments and now is caught up on some other old years. Question being Is this collectible and how do we get the levy stopped? Thanks for help.
  14. TP (age 72) owes about 8K on an extension. Insists on sending check. Do you think Virginia will question as they want large amounts by direct debits?
  15. My grandkids didn't find all of the eggs and we don't know where all the wife put them. I guess I'll find some in about a month when they smell good and the smelly kitty hasn't found them by then.
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