Tax Law (Questions About Taxes)/Pell Grant - FinAid ...

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Question
I am trying to get ready to go to college by starting my FAFSA application ... though I am worried that my debt to the IRS will be a defining issue.  It is only $200 and isn't that delinquent.  I goofed on doing my own taxes for the year of 2007 when I had received unemployment benefits.  I guess my question is, should I just get that paid before I send in my applications?  Or do you have any other suggestions?

Answer
For this dollar amount, you should should just pay the amount due.  It will continue to accrue interest and penalties until you do, and you do not want to risk any questions on your application.  Best of luck with your application, and good luck in school.

Any individual seeking legal advice for their own situation should retain their own legal counsel as this response provides information that is general in nature and not specific to any person's unique situation. Circular 230 Disclaimer - Advice given in this response cannot be used to eliminate penalties with the IRS or any other governmental agency.

Tax Law (Questions About Taxes)

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Dan Lively, Esq., LLM (Tax), CPA

Expertise

I can answer questions regarding personal, corporate, partnership, estate and gift taxes. These questions can relate to problems, compliance, or planning. I am well versed in IRS audit and collection procedures and can respond to questions you may have in this area as well. I have a strong background in tax. I am a Tax Attorney, and Certified as a Taxation Specialist by the State Bar of California. I also have an LLM (Master of Laws in Taxation), and I am a Certified Public Accountant.

Experience

I am an attorney in the state of CA that is certified as a tax specialist by the State Bar of California Board of Legal Specialization. I am also a Certified Public Accountant, and have an LL.M in Taxation. Further, I am an adjunct professor of taxation at Whittier College of Law.

Organizations
Orange County Bar Association American Bar Association Orange Coast Estate Planning Counsel American Association of Attorney/CPA's California Bar Association

Publications
Apartment Journal Taxing Advice California CPA Journal

Education/Credentials
LL.M (Taxation) - Chapman University College of Law JD (Law) - Western State University College of Law BS (Accounting) - California State University, Northridge

Awards and Honors
• American Jurisprudence Award – Federal Taxation • American Jurisprudence Award – Wills • American Jurisprudence Award – Estate Taxation • Cal Jur Award – Partnership Tax • Cal Jur Award – Corporate Tax • Cal Jur Award – Tax Procedure

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