Unpaid employment tax liabilities results in the highest level of IRS enforcement. The IRS usually assigns its most experienced Revenue Officers to investigate employment tax cases, including pursuing the individuals in the business personally for not...
Read PostCategory: Employment taxes, Form 433B, Revenue Officers, Trust fund recovery penalty
Another great question from a reader on how the bankruptcy code and tax code can intersect when discharging taxes in bankruptcy. Dear Mr. Levy, We owe income tax from 2007. We filed the return on...
Read PostCategory: Bankruptcy - Chapter 13, Bankruptcy - Chapter 7, Bankruptcy and the IRS, Revenue Officers
When you make a payment to the IRS, it will be automatically applied to your account in a manner that is in the IRS’s best interest. But what is best for the IRS in handling...
Read PostCategory: Automated Collection Service, Employment taxes, IRS Collection Problems, Revenue Officers, Statute of limitations on collections, Trust fund recovery penalty
I am often asked by new clients how a tax lawyer can make a difference in an IRS dispute. Here is my answer: Once you retain a tax lawyer, the IRS must stop calling you....
Read PostCategory: Bankruptcy and the IRS, IRS Collection Problems, Tax Court