Tax Attorney Greenville - The Greene Law Firm

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Filing when you cannot pay the amount due

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Should you file a return even if you cannot pay the mount due? Yes, you always need to file your return on time even if you can’t pay. This is Tax Day and I hope all of my readers will file their returns, or an extension, today. What you do not want to do is ignore the tax due. There are
 

Joint Tax Liability After Divorce

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Consider the following situation. Husband and wife owe delinquent taxes. Sometime later they divorce and the judge orders husband to be responsible for all delinquent taxes. What happens to the wife's liability if the husband successfully pursues an Offer in Compromise?
 

Filing Delinquent Tax Returns

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You should always file delinquent returns for at least the past seven years. However, first, be sure to file your 2013 return on or before April 15 no matter what else you do or don’t do. You should
 

Asset Protection Trusts

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Many people are confused and sometimes misled about what kind of Trust they should use. A revocable trust cannot protect your assets from creditors. It is not meant to do that. The primary
 

How to prove you filed your tax return

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If you file your tax return and then the IRS loses it and sends you a letter saying you never filed, how can you prove you did? You may think the IRS does not lose tax returns, but they do every year. There are five primary ways to file that the IRS recognizes as providing proof of time of filing.
 

Rules for Tax Deductible Gifts

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Here are the rules: (1) You must have a written statement from the charity for a gift over $250 or at least a bank or credit card statement for any monetary donation; (2) gifts are deductible in the year
 

Dangers of Pre-Packaged Wills and Trusts

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I highly discourage buying and using pre-packaged or "cookie cutter" wills and trusts. Why? First, they may or may not contain all of the language and signing requirements necessary in South
 

Happy New Year

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I hope everyone reading this had a very nice Christmas holiday and I hope you are looking forward to a New Year filled with hope and promise. Of course the way to make those hopes and
 

Offer in Compromise based on Effective Tax Administration

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The Offer in Compromise based on Effective Tax Administration is available only if the taxpayer has the means to pay the tax in full but, due to public policy considerations, he is allowed to satisfy the debt in full by paying a small percentage of the total. The other requirement for this type of Offer
 

What is a Special Needs Trust?

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If a person qualifies as a special needs person and thus relies on State or Federal aid to take care of his needs, what happens if he gets a personal injury settlement, inheritance or other windfall? Normally the State or Federal Agencies will be entitled to all of that money for giving him aid.
 

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Tax Attorney Greenville - The Greene Law Firm
Tax Attorney Greenville - The Greene Law Firm
Tax Attorney Greenville - The Greene Law Firm
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The blogs are offered only for general informational and educational purposes.  They are not offered as and do not constitute legal advice or legal opinions.  Although we intend to keep this information current, we do not promise or guarantee that the information is correct, complete or up-to-date.  You should not act or rely on the information in these blogs without seeking the advice of an attorney.