At one time, of course, same-sex partners were not legally defined as married couples in any state of the country. Given that, many people found questions relating to same-sex couples and linked issues surrounding federal taxation to be both incomprehensible and...
Estate And Tax Planning Law Firm
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Hooray, you just won the lottery! Now pay the IRS.
If bells and buzzers started clanging seconds after you just pulled the lever on a slot machine, you're likely a bit jazzed about reality at the momentAlthough giddiness is understandable, so too is the need to take a breath, gather yourself and make sure that you...
How private is your tax return?
With this being an active campaigning year the subject of disclosure of tax returns has surfaced. The top runners for each party have sparred over transparency and the release to the public of their own tax returns.Currently Hillary Clinton has agreed to provide her...
The IRS calls it the “sharing economy.” Do you know what that is?
Maybe you advertise online and periodically use your truck as a moving van for residents in your locale who are relocating.Perhaps you live in a city replete with sports teams and use the Internet to help you snag renters during tournaments and other high-profile...
Small businesses and IRS tax audits: a bit of germane info
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...
Can the IRS take my passport?
In short yes. In January 2016 a new law was enacted that allows the Internal Revenue Service (IRS) to rescind your passport if you owe more than $50,000 in taxes.This number may seem like a lot of money until you take into account penalties and interest. This IRS tax...
Could expansive Tax Court ruling open up litigation flood gates?
Although a commentator in a recent media article on IRS whistleblowing calls a United States Tax Court ruling "good news," that sentiment is certainly not universally shared.And it's especially not endorsed if you're an individual or business enterprise that suddenly...
Tax-related sparring turns to litigation in IRS/Facebook spat
It is certainly no secret that the Internal Revenue Service has had a sharp and unwavering spotlight on American taxpayers with foreign assets and accounts over the past few years. Media stories have been replete with tales featuring the acronyms FBAR and FATCA, and...
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...
What is the IRS Criminal Investigation Division?
"A deterrent effect" and a signal "that fraud will not be tolerated." Such are the words employed by the Internal Revenue Service on an agency website page chronicling the objectives of the department's Criminal Investigation Division (most often delineated by the...