Do I owe the IRS?

Do I owe the IRS?

Postby wonder77 on Thu Jul 07, 2011 1:24 am

I was listed as a "officer/director" of a family member's business. She has since went bankrupt and is out of business. She now owes the IRS $1500 and cannot pay they (IRS) contacted me saying I am responsible for that debt and I need to pay or they will come after me for it. I had knowledge that she was going to use me as a "director" but I never signed any paperwork (not even electronically) and I never got any money from the business. Am I responsible for this debt and do I need to pay the IRS?
wonder77
 
Posts: 1
Joined: Thu Jul 07, 2011 1:20 am

Re: Do I owe the IRS?

Postby Incredulum on Thu Jul 07, 2011 2:21 pm

This is a United Kingdom site, it is unlikely you will find the answer here, sorry.
Incredulum
 
Posts: 2135
Joined: Thu Dec 03, 2009 5:35 pm

Re: Do I owe the IRS?

Postby ensigntaxation on Wed Jul 27, 2011 1:33 pm

So many questions, but probably a legal and / or US tax questions:

Was this a UK company?
What / and where was the actual business?
Are you based in the UK?
Are you a US citizen?

Someone cannot just put your name down as a director (certainly in UK law) simply becuase the position of director is a serious one not one to be taken lightly. However, whether this argument just gets that family member deeper into the mire (as you say you had knowledge as well.)
Andy Wood
DipPFS, ATT, CTA, TEP

Managing Director, Ensign Taxation

0844 272 6117
andy@ensigntaxation.co.uk
http://www.ensigntaxation.co.uk
ensigntaxation
 
Posts: 23
Joined: Tue Jul 26, 2011 12:39 pm
Location: Cheshire, North-West

Re: Do I owe the IRS?

Postby Generix on Tue Aug 02, 2011 12:53 pm

Try re-posting in the 'international' section, there are some US peeps that post there sometimes, they may be able to better advise
Do you adore to transfer your artistic and inventive qualities to renovate a part type? Perhaps your friends who tour your sanctuary head remarks about want they could levy you to change their premises.
Generix
 
Posts: 1775
Joined: Wed Aug 06, 2008 3:41 pm


Return to Business Tax

Dorifor Internet Marketing Dorifor Tax Group - our portfolio of tax sites:

UK's largest independent tax portal All the tax books on one site global tax seminars, conferences and other events Global tax jobs portal List of UK recruitment agencies and employers

cron