Washington D.C. Tax Law Blog

Know What Types of Income can be Taxed by the IRS

On behalf of Frost Law posted in on April 9, 2015.

Tax laws are very complex. Individuals can face serious penalties for failing to comply with tax laws in the United States. Certain tax regulations can be very surprising, especially if you are unaware of the tax consequences. It is important to understand common tax surprises now before you run into them in the future. Different […]

Tags: IRS, Blog


Federal Taxes are Due One Week from Today. How Ready are You?

On behalf of Frost Law posted in on April 8, 2015.

Plenty of Americans miss the tax deadline every year. Others file, only to discover they owe taxes and can’t afford to pay. If you’re one of them, unfortunately, you could end up owing tax penalties. For simplicity’s sake, let’s assume that you do owe federal taxes and this is the first time you’ve had trouble […]

Tags: IRS, Blog


Wow! Somebody did my State Taxes for Me. Wait a Minute …

On behalf of Frost Law posted in on March 30, 2015.

Picture this: You’ve filed your federal income taxes via TurboTax and everything went fine. You’ve now received the document you were waiting for, and it’s time to file those state taxes. You log into TurboTax, and … your state taxes have mysteriously been e-filed. Is this a new free service? All the tax info looks […]

Tags: Tax Crimes, Blog


Latest IRS Budget Cut Consequence: Paper Forms are Hard to Find

On behalf of Frost Law posted in on March 10, 2015.

As we have discussed a couple of times in this blog, the IRS is dealing with significant budget cuts this year that have forced it to significantly shrink its workforce. Among other things, this will probably result in taxpayers receiving less reliable customer service when they have questions about their returns. Another change in IRS […]

Tags: IRS, Blog


Earned Income Tax Credit Helps Many Families Save Money

On behalf of Frost Law posted in on March 5, 2015.

No matter your attitude toward paying taxes to fund government programs, few people want to pay more in income taxes than they have to. With the proper advice and attention to the law, the average taxpayer should be able to find deductions to which they are entitled, and avoid an IRS audit. As ABC News […]

Tags: Tax Topics, Blog


What to do When the IRS Puts a Tax Lien on Your Property

On behalf of Frost Law posted in on February 19, 2015.

A claim by the IRS that you owe it back taxes puts more than your bank account at risk. The agency may also take your home or other property through what is known as a “tax lien.” As readers may know, a lien is a legal claim against another party’s property. A federal tax lien […]

Tags: Tax Topics, IRS, Blog


Woman Fails to Pay Income Tax on $500,000

On behalf of Frost Law posted in on February 13, 2015.

A 42-year-old Connecticut woman pleaded guilty to tax evasion this week. Over the past six years, she had failed to pay income tax on more than half a million dollars. No, she did not forget to file her taxes, nor did she make a simple mathematical error on her federal tax returns. According to the […]

Tags: Tax Evasion, IRS, Blog


IRS Commissioner: We’re Using Technology From the ’60s

On behalf of Frost Law posted in on February 4, 2015.

We recently discussed how the IRS is dealing with strict budget cuts. Our blog post on the subject mentioned that the agency is reducing its workforce and expects to perform thousands fewer audits this year than in 2014. Besides having to tighten its belt, the IRS is also dealing with an old-fashioned computer system that […]

Tags: IRS, Blog


3 Reasons for the IRS to Make Offers in Compromise to Taxpayers

On behalf of Frost Law posted in on January 22, 2015.

In the law, most things can be negotiated. This applies to criminal law as well as civil lawsuits. It also applies to many tax controversies involving the IRS. Taxpayers dealing with an audit may have an option to settle the matter through a process called an offer in compromise. As the name implies, an offer […]

Tags: Blog, Tax Controversies


IRS Commissioner Says to Expect 46K Fewer Audits in 2015

On behalf of Frost Law posted in on January 14, 2015.

Budget cuts have hit the IRS, and the agency expects to perform 46,000 fewer audits this year, according to Commissioner John Koskinen. Reduced staff is one way the agency is dealing with $346 million in cuts made by Congress last year. Congress approved a $10.9 billion budget, about $346 million less than the previous year’s […]

Tags: IRS, Blog