IRS
Which Forum is Suitable for a Tax Refund Lawsuit Against the IRS?
Although no one wants to be involved in a tax controversy with the Internal Revenue Service, it is important to remember that taxpayers have a judicial remedy available to them. Specifically, IRS civil tax litigation can be brought in one of four different courts, depending on the type of claim. Our law firm has helped […]
Continue reading Which Forum is Suitable for a Tax Refund Lawsuit Against the IRS?
Can A Divorce Disrupt an Offer In Compromise with the IRS?
The last thing anyone needs after a divorce is trouble with the Internal Revenue Service. However, there are several tax considerations that an individual should heed in order to avoid a post-divorce tax controversy. In particular, an individual should understand how the IRS regards his or her property ownership and liabilities after a divorce. In […]
Continue reading Can A Divorce Disrupt an Offer In Compromise with the IRS?
What Kind of Preparation goes into IRS Tax Litigation?
A recent article serves as an important reminder of the preparation needed to mount a strong position in a tax controversy. For starters, even a simple dispute over an entry on a Form 1040 income tax return can brew into a federal case. That, in turn, requires experience and skill in handling evidentiary and procedural […]
Continue reading What Kind of Preparation goes into IRS Tax Litigation?
Does the IRS Accept a Majority of Offers in Compromise?
The Internal Revenue Service has an official program for accepting settlement offers, called an Offer in Compromise (OIC). However, a recent article reminds us that there is no guarantee that an IRS agent will accept an OIC. In fact, less than one-third of all OIC’s are accepted. As an attorney and certified public accountant that […]
Continue reading Does the IRS Accept a Majority of Offers in Compromise?
What is the Difference Between Tax Negligence and Fraud?
Readers may have questions about when a tax mistake rises to the level of tax evasion or fraud. As a preliminary matter, it should be noted that even the Internal Revenue Service acknowledges the complexity of the tax code. By the agency’s own estimate, about 17 percent of taxpayers fail to comply with applicable tax […]
Continue reading What is the Difference Between Tax Negligence and Fraud?
What Issues will be on the IRS’ Audit Radar for 2016?
Is there a benefit to combining a public account certification with expertise in tax law? When it comes to defending against IRS audits, you bet your bottom dollar. Specifically, a recent article’s prediction of the top tax issues for 2016 describes the new reporting requirements of the Affordable Care Act on Forms 1095-B and 1095-C. […]
Continue reading What Issues will be on the IRS’ Audit Radar for 2016?
Does Taking the IRS to Court Hurt Your Chances of Settlement?
Whether you own a small business, are reporting individual income taxes, or have recently received an inheritance, chances are that you will have to file a return with the Internal Revenue Service. Each of those contexts, unfortunately, presents the opportunity for a potential IRS dispute. In a recent example, the estate of the late owner […]
Continue reading Does Taking the IRS to Court Hurt Your Chances of Settlement?
Do Interest and Penalties Always Accompany Tax Controversies?
One of the most discouraging aspects about a tax dispute is the late fees and penalties that may attach. Although a taxpayer may have a good-faith belief in his or her defense, the consequences, if proven wrong, can be costly. In other scenarios, a taxpayer may not have realized that he or she was delinquent, […]
Continue reading Do Interest and Penalties Always Accompany Tax Controversies?
Beware: Basket Options Could Land You in Hot Water with the IRS
Businesses and individuals have long pursued strategies to protect their assets from heavy tax burdens. The Internal Revenue Service, however, is constantly searching for strategies that may be skirt the line of what is legal. If the IRS comes after a strategy that you use, it may be wise to work with a tax attorney […]
Continue reading Beware: Basket Options Could Land You in Hot Water with the IRS
Are Individuals Aware of Their Rights During IRS Questioning?
Responding to questions from the Internal Revenue Service can be intimidating. Even a minor federal income tax controversy or alleged tax underpayment may raise fears of tax penalties, an IRS tax audit or even criminal tax fraud charges. Although such fears may be extreme, our law office recommends that an individual contact a tax law […]
Continue reading Are Individuals Aware of Their Rights During IRS Questioning?