| Your so called loved ones... Anyone who's worked in | | | | For better or worse, kind of... Friends and spouses |
| the collection field whether it's for the IRS or not | | | | can't be trusted anymore than your own children. I |
| have come to a simple conclusion: you can't trust | | | | once worked a case when I was an IRS-Hitman |
| family, friends, or spouses when it comes to money. | | | | where a man who owned a business with his best |
| All too often someone is in debt because they loaned | | | | friend owed a substantial tax debt. And how did he |
| family members money and were never paid back. | | | | get into debt? His best friend and partner embezzled |
| Or they co-signed on a loan and got stuck with the | | | | money from their company and took off with the |
| debt. So how can your family and loved ones stick | | | | debtor's wife. He got stuck with the debt and had to |
| you with an IRS debt? | | | | pay the wife in the divorce because he couldn't |
| You can depend on dependents...to get you into debt! | | | | afford a decent lawyer. |
| Too often I've seen people try to get child tax credit | | | | Brotherly love... Another story involves two brothers. |
| for their girlfriend's, sister's, brother's, or cousin's kids | | | | One of the brothers was in tax debt and the other |
| only to have it come back and bite them. The | | | | wasn't. The one who was in debt gave his brother |
| problem with child tax credit, especially if you're not | | | | his boat so the IRS couldn't seize it. Not only did the |
| the birth parent or legal guardian, is that you have to | | | | IRS seize the boat, but because the brother in debt |
| prove the child was in your care for the tax year in | | | | signed the boat over, his brother who didn't have a |
| question. | | | | debt didn't include the boat as gift income, got |
| If your wonderful family member who stuck you | | | | audited, and now owes the IRS as well. |
| with their kid decides they're going to claim their child, | | | | This shouldn't convince you to turn away from family |
| or if they refuse to provide you with information like | | | | and friends who need help. It should only serve as a |
| a birth certificate to prove that you're related you will | | | | warning that when it comes to money and debt, |
| get audited and the IRS will want the money from | | | | even those closest to you can prove untrustworthy. |
| the child tax credit back. | | | | Now you have the smoking gun...Use it! |