Pennies on the dollar! Act now before its too late! The laws may change! During first consultations, my clients often have questions about advertisements they have seen on television or heard on the radio about the...
Read PostCategory: Offer in compromise
Everyday, I see how the IRS is responding to people hurt by the economy. The Journal of Tax Practice and Procedure asked me to write an article about it – “IRS Collections in Troubled Times.” Current...
Read PostCategory: Installment agreements, IRS Collection Problems, Offer in compromise
Can you prove expenses in an IRS audit without receipts and checks? Thanks to the tax case of Cohan v. Commissioner,39 F. 2d 540 (2d Cir. 1930), the IRS will allow expenses even if receipts and checks are...
Read PostCategory: IRS Audits, Tax Court
“I know I filed it, but the IRS tells me they never received it.” Tax returns – lost. Collection appeals – misplaced. Innocent spouse claims – never processed. The reality is that the IRS does...
Read PostCategory: Appeals - collection actions, Unfiled returns
I will be on a panel seminar in Cincinnati on November 6 to address taxes and bankruptcy. My co-panelists include Bankruptcy Judge Jeffrey Hopkins and Bankruptcy Trustees Henry Menninger and Tom Geygan. In addtion to...
Read PostCategory: Bankruptcy and the IRS