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Under federal tax law a mobile home if used as ones main home can be treated just like a regular house for purposes of excluding the gain not a vehicle. A tax lien also affects the taxpayers ability to sell existing assets and obtain credit.


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In general the Internal Revenue Service IRS has 10 years to collect unpaid tax debt.

. After that the debt is wiped clean from its books and the IRS writes it off. This article will help answer frequently asked questions about what happens to a 401k or other similar retirement accounts in the event of a divorce. In other words you generally must have owned and lived in the property as your main home for at least 2 years during the 5-year period ending on the date of sale.

Your ex-spouse will generally have access to a marital share of your retirement accounts after a divorce but there are ways to protect your retirement plan and financial assets. How to Find a Divorce Lawyer. If youre looking for a tax attorney with an excellent record extensive experience and generous payment policies Community Tax could be the right choice for youWith a high Solvable rating and over 100 customer reviews with an average rating of five stars Community Tax is a top-rated back tax assistance firm.

It is not in the financial interest of the IRS to make this statute widely known. Community Tax has resolved. Uses knowledge of tax law.

The only way to release a federal tax lien is to fully pay. How to Divide Your Money in a Divorce. This is called the 10 Year Statute of Limitations.


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