Tax Law
Browse published legal information questions related to Tax Law.
Do I have to pay taxes when I recover money that was escheated years ago?
In general, recovering money that was previously escheated does not automatically mean you owe tax on the recovery. The tax treatment usually depends on what the money originally was, whether you already paid tax on it,...
How do I split tax debt from a joint return in divorce?
In general, tax debt from a joint return is treated as a financial issue that must be addressed during the divorce, but a divorce decree does not automatically change how the tax debt is owed to the IRS or, if applicable...
Is it legal for a business to keep uncashed refund checks instead of reporting them to the state?
In Kentucky, a business generally cannot treat uncashed refund checks as if they are simply its own money forever. In many situations, money represented by an uncashed check may be considered unclaimed property, which ca...
How do I prove my old employer was a qualifying nonprofit if it no longer exists?
If an old employer no longer exists, proving that it was a qualifying nonprofit usually means reconstructing the organization’s status from records that still exist in government databases, tax filings, corporate filings...
How do I divide tax debt from a joint return in divorce?
In general, a debt tied to a joint tax return does not automatically disappear because spouses divorce. A joint return can create joint federal tax responsibility, which means the IRS may look to either spouse for the fu...
Can I qualify for forgiveness if I work for a nonprofit but my paycheck comes from a management company?
In general, the answer may depend on who is considered your employer for the forgiveness program, not just on the day-to-day work you do. If you work for a nonprofit but receive your paycheck from a separate management c...
What happens if child support services intercepted my tax refund for arrears I already paid?
If child support services intercepted your tax refund for arrears you believe were already paid, the first thing to know is that this can happen for several different reasons. In general, a refund offset is based on the...
Do I have to report unclaimed property from a small business I closed five years ago?
In general, you may still have reporting duties after closing a small business, including in Oregon, if the business held money or other property that became unclaimed before it shut down or while records were still acti...
Is it legal for my spouse to claim the children on taxes while the divorce is pending?
In Arizona, whether a spouse can claim the children on taxes while a divorce is pending usually depends on federal tax rules, any temporary court orders, and any written agreement between the spouses. A pending divorce d...
Is it legal for my tax refund to be taken because of defaulted student loans?
In general, yes. A tax refund may be taken, or offset, to collect certain past-due debts, including defaulted federal student loans, depending on the facts and the type of debt involved. This is a common collection tool...
Do I have to pay taxes on student loans that are forgiven through PSLF?
In general, federal Public Service Loan Forgiveness (PSLF) is designed so that forgiven federal student loan debt is not treated the same way as regular taxable income. For many borrowers, the forgiven amount under PSLF...
What are my rights if my spouse transferred money to a foreign bank account?
If your spouse transferred money to a foreign bank account, you may have several possible concerns, especially if you are in Tennessee and the money came from marital funds. In general, money earned during the marriage a...
What are my rights if my spouse is hiding cash income from rental properties?
If you are in Oklahoma and believe your spouse is hiding cash income from rental properties, you may have rights depending on whether the rental income is separate property, marital property, or tied to jointly owned ass...