Unpaid Taxes IRS
Posted: Mon Feb 27, 2012 3:34 pm
Better question...Anyone not using best car!
Jonathan Leventhal, Esq.
Leventhal Law Group, P.C.
818-347-5800
To: "cdcbaa@yahoogroups.com"
Sent: 02/27/2012 12:50 PM
Subject: [cdcbaa] Unpaid Taxes IRS
Anyone using BestCase?
I have a tax lien filed against my client for 28,628.66 for taxes assessed 6/20/2008 and prior. Debtor's schedule B reports $7,170.00 in assets. Has no Schedule A assets. It is my reading that the IRS is entitled to get paid the SECURED claim amount EQUAL to his assets regardless of exemption.
Do I put that Secured claim on Schedule D? Also the IRS Manual says that interest will be paid on it the secured claim amount at the amount set forth at
IRC 6621. But those interest rates are set up quarterly. His taxes cover 2003, 2005 & 2006. Which interest rate would I use.
I can't figure out how to input this into the software so debtor will pay the right amount of interest? I can list it on schedule D but it comes out strange because then how do I characterize this. Would someone be willing to call me on my cell phone?
R. Grace Rodriguez, Esq.
OFF: (818) 734-7223
CEL: (818) 554-9922
Better question...Anyone not using best car!
Jonathan Leventhal, Esq.
Leventhal Law Group, P.C.
818-347-5800
To: "cdcbaa@yahoogroups.com" <cdcbaa@yahoogroups.com>
Sent: 02/27/2012 12:50 PM
Subject: [cdcbaa] Unpaid Taxes IRS
Anyone using BestCase?
I have a tax lien filed against my client for 28,628.66 for taxes assessed 6/20/2008 and prior. Debtor's schedule B reports $7,170.00 in assets. Has no Schedule A assets. It is my reading that the IRS is entitled to get paid the SECURED claim amount EQUAL
to his assets regardless of exemption.
Do I put that Secured claim on Schedule D? Also the IRS Manual says that interest will be paid on it the secured claim amount at the amount set forth at
IRC 6621. But those interest rates are set up quarterly. His taxes cover 2003, 2005 & 2006. Which interest rate would I use.
I can't figure out how to input this into the software so debtor will pay the right amount of interest? I can list it on schedule D but it comes out strange because then how do I characterize this. Would someone be willing to call me on my cell phone?
R. Grace Rodriguez, Esq.
OFF: (818) 734-7223
CEL: (818) 554-9922
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