As we have noted in a few of our posts this fall, October and November are not usually months to discuss tax issues unless you are running for office (or campaigning for a candidate). Nevertheless, staying apprised of tax rulings and getting opinions on transactions...
Finding Real Life Solutions To Your Tax Problem
Tax Controversy
How you can be held liable for someone else tax bill
In a number of our posts, we have highlighted how people lament the power of the IRS to collect taxes from them. This power is rooted in federal law, and can lead to taxpayers having their wages garnished and property being taken in extreme circumstances. If that is...
Beware of Orlando related scams
It is expected that out of tragedy comes humanity. In the aftermath of the mass shootings in Orlando last week, scores of people have stepped up to provide relief in the form of monetary donations. GoFundMe pages have been established, and local charities have...
IRS to change its asset foreclosure procedures
People usually can’t imagine the feeling of being robbed. Who can really understand the sense of despair, helplessness and being violated that comes after your personal space is invaded and your belonging are taken. Unfortunately, a number of taxpayers have...
Should you use an accountant or a tax attorney for tax issues?
Generally speaking, no one really wants to deal with tax issues; whether they are figuring out what exemptions may apply given one’s tax bracket or dealing directly with the IRS on a Notice of Lien, it may be difficult to determine who is better equipped to help...
Three tips for dealing with the IRS
To many people, the IRS is like the “boogeyman.” Part legend, part myth; but every bit as scary as one’s childhood fears. Part of this is because the federal government’s vast power to collect on past due taxes. The other is that there are so...
More millennials at odds with the IRS
It's no secret that millennials see the world differently than previous generations (i.e. Generation X and baby boomers). They view employment, relationships and technology (especially), much different than how other do. Because of this, it is not surprising that they...
Tax discussions you should have during divorce
If you are like most people who initiate divorces in the first month of the year, chances are that you are trying to decide what to do with your taxes, even though you are getting ready to go your separate ways. However, knowing what to expect with your tax bill could...
You may want the swag bag, but not the tax bill
Last Sunday was the movie industry’s biggest night. Of course movie buffs and casual fans alike were interested in who wore what on the red carpet, who won awards and how long the show was overall.But while the show itself may have captivated audiences, the IRS...
How an attorney can help in dealing with the IRS
For those who have the misfortune of having to do so, dealing with the IRS is not always a pleasant experience; especially when you owe money to the federal government. Because of this frustration, changing the tax code is a popular topic among political candidates,...