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...
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Senators concerned about tax collectors’ tactics
In a prior post, we highlighted the new collection efforts the Internal Revenue Service would be allowed to employ as a result of an infrastructure funding bill passed last year. We noted that private debt collection companies could be calling to pursue past due tax...
House approves mobile employee tax bill
Keeping track of income tax withholding for employees is difficult enough. The task of doing so for employees that travel often and stay in different states for extended periods of time is much more difficult.While comprehensive tax reform is still on the horizon,...
The newest IRS scam for taxpayers to be aware of
It’s been nearly two months since the federal income tax filing deadline passed, and a number of taxpayers have yet to complete and file their 2016 returns. While many have requested and have been granted extensions, there are some who live in fear of the IRS...
Federal government to return seized tax refunds
The long rumored tax reform is still months away from serious discussion in Congress, but one practice bemoaned by Republicans and Democrats alike is already being repealed that will satisfy their constituencies. For years the federal government would seize the tax...
Will you hear from private collectors come tax time?
As we have noted in a number of our posts, having to owe Uncle Sam money during tax season can be quite troublesome; especially if you are already dealing with a glut of past due debt stemming from other facets of your life. Because of this, you are probably inundated...
Deductions that the IRS may not allow
It’s no secret that this time of year deductions are the name of the game. After all, who wants to pay Uncle Sam more than he is entitled to; especially if that means writing a check after having withholdings taken out of your income all year? Because of this,...
Don’t be fooled this season by tax scams
While tax season may be a time of dread for some, it is welcomed with open arms for those expecting a tax refund check. For some people, their tax refund will be the largest check they see this year; especially those who rely on Social Security disability payments to...
The wait begins for Trump’s tax plan
For a number of Californians, the notion of Donald Trump winning the presidency was more Hollywood fiction than reality. It now appears that life is imitation art, as Trump has now been elected the 45th President of the United States.While Trump won’t take...
A measure of warning from the IRS to taxpayers
It is not very often that taxpayers get a measure of warning about the upcoming tax season, but a recent announcement by the Internal Revenue Service could be an encouraging sign. According to an accountingtoday.com report, the IRS is encouraging taxpayers to consider...