Most Americans well note the investigatory power and enforcement clout of the Internal Revenue Service. Indeed, many millions of people go into heightened-stress mode whenever they think of the IRS.And, interestingly, that includes legions of filers in California and...
Audits
Take a breath: facing an IRS audit with proven legal counsel
Just consider for a moment who's sitting on the other side of the table from you if you're cloistered in a room with an Internal Revenue Service employee undergoing a tax examination.First, let's call that event what it really is: an audit. And, while you are a lay...
The IRS is auditing me, so what do I do now?
If you are being audited, it is highly unlikely the audit would be in relation to your most recent tax filing in April of this year. Usually it takes the Internal Revenue Service some time before they take action on a filing. If they do take action, though, you need...
IRS alleges Coca-Cola owes billions – Coke vows to defend itself
When you picture an IRS audit, you probably imagine a giant government agency going after the "little guy:" An average American who just wants to live and work in peace. Sadly, many everyday Americans do get audited by the IRS, especially those trying to run a small...
Know your rights regarding IRS interactions: Part II
Earlier this week, we began a discussion about your rights when dealing with the Internal Revenue Service. Many Americans think of the IRS as a bully who can shake you down for money, but this isn't the case.The IRS even posts a Taxpayer Bill of Rights on its website....
Know your rights regarding IRS interactions: Part I
The Internal Revenue Service is perhaps the most maligned of all government agencies. While some of this comes with the territory (people don't like paying taxes), the IRS has also earned much of its bad reputation. Many people view the agency as bureaucratic,...
Though odds are low, consider these things to avoid an audit
Most people know that once a year, they are required to submit documentation to the federal government as well as the state for their tax return. They also know that if they fail to report things properly, they could be audited by the IRS and suffer penalties as a...
Expect a milder tax season in terms of audits, says IRS
Before you get too excited by the headline on this post, take a breath. It is a fact that the head of the Internal Revenue Service recently reported that his agency will be conducting fewer audits than usual this filing season. But they are not going away by any...
When the IRS comes calling, answer with your attorney
Any person who has had to deal directly with the IRS likely knows that it can be a scary and stressful experience. In fact, even people who have never gone through anything like an audit probably know that dealings with the IRS are generally something they want to...
Conservative news agency speaks out against tax audit
Conservative news agency Breitbart News Network is reportedly speaking out against the Internal Revenue Service’s decision to subject the network to a tax audit. The subject of the audit is the company’s 2012 financial information. Sources say that it isn't clear...
Recent Blog Post
Even a fortune can disappear without sound estate planning
Some figures baffle.Like the speed of light. Like the age and size of the universe. And like estimates pegging the personal fortunes of America's richest families.Consider this imagery relevant to the storied Vanderbilt family for a moment: a pile of money equaling...
Broad, measured thinking out of the box promotes sound estate planning
"You own this." Those words might sound frightening to a would-be California estate planner, but they are actually meant to promote a feeling of empowerment rather than intimidation. It is no secret that legions of...
Remarrying couples unquestionably need to focus on estate planning
Many remarrying California individuals fail to timely consider and update existing estate plans to reflect new realities.Don't be one of them. Many remarrying California individuals fail to timely consider and update existing estate plans to reflect new...
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