A highly audited issue that often leads to US Tax Court litigation is whether or not real estate losses can…
IRS
Late Filed Returns and Discharging Back Taxes A State of Uncertainty On December 29, 2014, the Court of Appeals for…
Through the 2015 Consolidated Further Continuing Appropriations Act, Congress cut the IRS’s budget for the fifth consecutive year. Congress reduced…
Mistakenly, many believe that filing a tax extension is an extension of time to pay your taxes. While a tax…
Through a practice known as civil forfeiture, the IRS can seize property that it believes is tied to a crime…
Reality television star Giuseppe “Joe” Giudice, 43, of The Real Housewives of New Jersey was sentenced to 3 years and…
Over the past few months, I have been receiving calls from clients and prospects regarding an IRS phone scam. The…
In a recent US Tax Court decision, Renald Eichler v. IRS (“Eichler”), Docket Number 725-12L, the Tax Court affirmed that…
On June 18, 2013, the IRS announced major changes to the voluntary offshore disclosure program (“OVDP”). OVDP had been criticized…
If you cannot pay your taxes, then by law the IRS must charge interest on the underpayment of tax. The…