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What else can I help you with?
Bad debts expense is measured indirectly and the Allowance for uncollectibles balance is measured directly?
yes
What is the number to call to make payment arrangements to the IRS?
Just call your local IRS office. They can direct you. See the Related Links section below for a list of local offices phone numbers.
Am preparing to file chapter 7 but cannot find out what to do with IRS debt know it cannot be discharged but should still list it and then try to make arrangements to pay IRS after bankruptcy?
Talk with your bankruptcy attorney. Also, make an appointment with a councelor at your local IRS Field Office. Take all information you have received to date from IRS. It is much better to talk to a local agent face-to-face than try to deal with IRS over the phone. Yes, list it. Even if it cannot be discharged, you still want it listed so that the IRS is given notice that you have entered bankruptcy. I would NOT recommend telling the IRS you are going into bankruptcy. If they know you are about to go into bankruptcy, they will file a tax lien (and if you don't already have one, then you don't want one). The court will notify them once you have filed your petition as long as you list them as a creditor.
What is the difference between the IRS 1040 and IRS 1040A an 1040EZ?
what is the difference between the IRS 1040 and the IRS 1040EZ forms?
What principle assumption or constraint does the direct write off method violate if uncollectibles are significant?
The accounts receivables will need to match the bad debt being written, and therefore this applies to the matching principle in accounting.
Bad debts expense is measured indirectly and the Allowance for uncollectibles balance is measured directly?
yes
What method should be used In cases where it is not possible to reasonably estimate uncollectibles?
Direct Write-off
How do I find my IRS business code?
To find your IRS business code, you can use the search tool on the IRS website or refer to the list of business codes provided by the IRS. The business code is used to classify the type of business you operate for tax purposes.
Where could a person find a list of IRS Tax attorneys?
You can find a list of IRS tax attorneys online doing a quick search or in your local yellow pages. You also can look in a classified ad online or in the local paper.
Where exactly can I find IRS relief?
You can first try contacting the IRS at IRS.gov and if need be you can contact a company that works with the IRS to settle your debt. You can the Better Business Bureau in your area to ask for a list of companies that handle debt relief.
What are the names of Indian artificial satellites?
== == See the Related Link below for a listing.
What is the number to call to make payment arrangements to the IRS?
Just call your local IRS office. They can direct you. See the Related Links section below for a list of local offices phone numbers.
Am preparing to file chapter 7 but cannot find out what to do with IRS debt know it cannot be discharged but should still list it and then try to make arrangements to pay IRS after bankruptcy?
Talk with your bankruptcy attorney. Also, make an appointment with a councelor at your local IRS Field Office. Take all information you have received to date from IRS. It is much better to talk to a local agent face-to-face than try to deal with IRS over the phone. Yes, list it. Even if it cannot be discharged, you still want it listed so that the IRS is given notice that you have entered bankruptcy. I would NOT recommend telling the IRS you are going into bankruptcy. If they know you are about to go into bankruptcy, they will file a tax lien (and if you don't already have one, then you don't want one). The court will notify them once you have filed your petition as long as you list them as a creditor.
Where can one get in contact with an IRS lawyer?
The easiest way to contact a lawyer who specializes in dealing with IRS issues is to check the local yellow pages. Lawyers who list as specializing in tax law or debt relief have experience in dealing with the IRS. They also frequently run ads on local television and can be found that way too.
Where to Get IRS Free Tax Software?
If you have an adjusted gross income (AGI) of $57,000 or less, you are eligible to file your taxes for free. For IRS free tax software, visit the "Free File" page on the IRS's website. On this page, you will find the IRS's free tax forms and a list of companies that offer free tax filing software. This will help you file your taxes quickly, easily and, most importantly, inexpensively.
What about your car or airplane can you keep if filing bankruptcy for IRS debt?
You can't file bankruptcy "for IRS debt." You have to list all your debts and assets, and you can keep what you can exempt under state or federal laws. If you have little or no equity in an asset, you should have no problem.
Does the IRS get involved in bankruptcy?
If federal income or other taxes are listed as debts to be discharged, the IRS may send a representative to the 341 meeting to question the debtor about the listings, or if the debtor does not list debts owed to the IRS, a representative may be sent o ask the debtor about the omissions. Tax debts must be listed even if the debtor has a payment agreement with the IRS. The bankruptcy court will send a notice of the bankruptcy filing to the IRS and state DOR even if the debtor has not listed any debt owed to them.
