How Do I Calculate the Minimum Offer-in-Compromise Amount to IRS for my Business?
How do I calculate the minimum Offer-in-Compromise amount to IRS for my business? We often speak with tax accountants, tax attorneys, and business owners who want to know: How does a business calculate its minimum offer for an Offer-in-Compromise with IRS? This is our Morning Coffee Series, and we’re going to go over the high…
Is Personal Responsibility for Payroll Taxes a Serious Legal Problem?
You may have been required to collect payroll taxes for your employees. If so, you were probably also responsible for making monthly payroll tax payments. Some business owners fail to make those payments. If this has ever been you, keep reading. In that case, an IRS revenue officer may seek to determine whether you were…
How to Eliminate Taxes in Bankruptcy (Six Basics)
Sometimes taxes can be discharged in bankruptcy. The rules are technical. There are six basic rules that govern whether the tax can be dischargeable. We will simplify each basic rule, so that you may better help your clients. CPA’s Must Understand Bankruptcy Options For people with serious debt problems, bankruptcy helps, not hurts. So very…
How to Spot IRS Phone Scams
How to Spot IRS Phone Scams If someone calls demanding money for IRS tax, is this a legitimate call? Probably not, because IRS just doesn’t make collection phone calls. One of the more popular scams now is the caller who threatens to arrest you today. Usually a male voice, he will claim to be an…
Intimidation, Secret Income and Nasty Divorces
This is an unbelievable, yet true story. We counseled a man that was desperate for help in his divorce. He was afraid that his wife had the unfair advantage in the proceeding, and that she had become hostile and unyielding during the case. So he wanted to level the playing field. This is what the…
False Identity and Refund Check Cashing
We handled similar cases in San Juan, Puerto Rico and Joliet, IL. This is an example of a case of tax fraud, as well as criminal conspiracy under Title 26 and 18 of the United States Code. A resident woman of Columbus, Georgia, was sentenced to 37 months in prison for her role in a stolen…
Am I Going to be Arrested? (Scam-Alert)
I have an interesting story below. It’s a short 2-3 minute read, but it’s worth the time. I am a tax lawyer that provides various types of IRS Representation. I receive phone calls every week, for all types of IRS problems: collections, audits (examinations), and criminal matters. And sometimes other matters too. Actual Phone Call Today My…