It can be overwhelming when the IRS demands payment, considering the power the IRS has to levy your wages, bank accounts, house, and business. When you have an IRS problem, it is natural – and...
Read PostCategory: Economic hardship and the IRS, IRS levies and property seizures
If you are being audited, and have concerns that the IRS may discover that you committed fraud your tax return, don’t go at it alone. The stakes have become high – here are guidelines to...
Read PostCategory: Criminal investigation, IRS Appeals, IRS audits
Have you reported all of your income to the IRS? If you are being audited by the IRS, be prepared. Almost every IRS auditor is going to want to investigate whether you have reported all...
Read PostCategory: Criminal investigation, IRS Audits
I received a call from a Wall Street Journal reporter on a story he was writing on an IRS announcement that they might use mortgage interest payments to identify non-filers. It goes like this: You...
Read PostCategory: IRS Collection Problems, Unfiled returns
There are limits on the IRS continuing audits year after year. These audits are known as “repetitive audits.” Their scope is limited by Internal Revenue Manual 4.10.2.8.5. The Internal Revenue Manual states that if you...
Read PostCategory: IRS Audits, Tax Court