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Please forgive - LTHB question

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    Please forgive - LTHB question

    Under the extension period rules, have they decided that additional documents besides the HUD-1 statement signed by both parties is needed? If so, what?

    Thanks,
    LT
    Only in government or politics is a "cut in spending" really an increase. It's just not as much of an increase as they wanted it to be, therefore a "cut".

    #2
    Maybe this will help, although I wonder if they may have updated it since Sep 2009:

    "The only function of economic forecasting is to make astrology look respectful" - John Kenneth Galbraith

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      #3
      Thanks John

      LT
      Only in government or politics is a "cut in spending" really an increase. It's just not as much of an increase as they wanted it to be, therefore a "cut".

      Comment


        #4
        It appears that this is information that the IRS is requesting on a random basis. According to the instructions, only the HUD-1 is required. I recently advised a client that they may ask for more and he could attach if he wished to avoid possible delays. He decided to do so.

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          #5
          Thanks for the input Burke. This is what I did. They have only been there about 60 days, but had a telephone bill and electric bill at that address, so added it.

          LT
          Only in government or politics is a "cut in spending" really an increase. It's just not as much of an increase as they wanted it to be, therefore a "cut".

          Comment

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