What I am finding on back income taxes is that the IRS is willing to deal, the Cal tax agents is not so disposed. So I have to either drop the sale of property, let it revert to a cash rental, or find some way to deal with Cal tax agents.
The Cal system does have offer in compromise. It has two states, 1) If I sell this property they will try it take it all. If I let the sale fall through then the Cal tax agent see no assets. There is no way I can present this problem to the tax agents, the system is not flexible.
No comments:
Post a Comment