In a number of our posts we highlighted how private debt collectors would be dispatched to collect on dormant taxes as a result of the PATH legislation. It was created to generate and divert tax revenue for infrastructure projects. In addition to new collection...
Finding Real Life Solutions To Your Tax Problem
Month: July 2017
IRS using private companies for debt collection
The IRS frequently provides notice about potential scams that may be directed at taxpayers. They want people to know exactly what sorts of tricks are being used to obtain sensitive information from individuals.In many cases, the scammers pretend to work with the IRS...
When is ‘obstruction’ really actionable?
As tax attorneys, we know how difficult dealing with the IRS can be. After all, most business owners do not have the same intimate knowledge of the U.S. Tax Code that IRS agents and Justice Department lawyers may have. But prosecutors have a great deal of discretion...
Can tax savings come from private placement insurance?
Tax savings comes in many forms. While many individuals and businesses focus sound financial practices, others may flock to insurance to limit what is owed to Uncle Sam. According to a recent Bloomberg.com report, the use of insurance dedicated funds is becoming a...