The marijuana industry remains in a difficult position when it comes to the federal tax implications...
Can The IRS Really Seize My Assets Without Telling Me First?
The Internal Revenue Service (IRS) can utilize its jeopardy levy function (i.e., taking a taxpayer�...
How Does an Employer Comply with an IRS Wage Levy?
When an individual has outstanding federal tax liabilities, the Internal Revenue Service (IRS) has a...
The IRS’s Expanding Definition Of Willfulness In FBAR Cases
The Internal Revenue Service’s (IRS’s) Offshore Voluntary Disclosure Program (Program) has eleme...
Marijuana Dispensaries and the Federal Tax Trap
The marijuana industry has experienced a nationwide boom in the last five years. In 2013, the mariju...
Winning A Tax Battle, But Losing the Tax War
A recent U.S. Tax Court decision in Barker v. Comm’r of Internal Revenue, T.C. Memo. 2018-67 exemp...
I missed the deadline to file my tax return. Now what?
I missed the deadline to file my tax return. Now what? The deadline for individual taxpayers to file...
Does the Internal Revenue Service’s “willfulness” standard in Trust Fund Recovery Penalty cases include a “reasonable cause” defense?
The recent Sixth Circuit decision in Bibler v. U.S., 2018 WL 1911249, may mark an evolution of the d...
Recent Announcements: The IRS to End Offshore Voluntary Disclosure Program on September 28, 2018; FinCEN Increases FBAR Penalties to Reflect Inflation
Offshore Voluntary Disclosure Program Ends September 28, 2018 The IRS recently announced that it wil...
IRS Adopts The In-Person Approach
The Internal Revenue Service (IRS) had an interesting New Year’s resolution for 2018: more in-pers...
IRS Tests Expanded Streamlined Installment Agreement Program
New IRS Test Criteria for Streamlined Installment Agreements: Liabilities Up to $100,000 Eligible fo...
Reinstating Defaulted IRS Installment Agreements
Defaulted Installment Agreements The IRS expects taxpayers to pay all of their tax liabilities in fu...
Divorce Decree Drafting Part 4
This is the fourth article in a four part series addressing frequently asked questions relating to p...
Divorce Decree Drafting Part 3
This is the third article in a four part series addressing frequently asked questions related to pro...
Should I File My Federal Individual Income Tax Return Even If I Have A Balance Due?
A common misperception for taxpayers is that by refraining from filing, they will buy themselves tim...
Calculating Excess Income – Dealing with Significant Changes in Income
A key factor for most taxpayers negotiating a payment plan or a compromise with either the Internal ...
The Potential Problems Taxpayers Face When Waiting Until the Last Minute to Timely File Amended Returns
Waiting until the last minute is nearly always a bad strategy. This is certainly true in tax prepara...
What Do You Do When the IRS or MDR Does Not Issue A Lien Release?
A tax lien is a mechanism that both the IRS and the MDR use to secure their interest in taxpayers’...
Using Your Home’s Equity To Satisfy Your Unpaid Federal Tax Obligations
Lately, we have seen local banks informing taxpayers that if a federal tax lien is filed, the bank c...