1. Do I Have to Pay My Student Loans During COVID-19 Disaster?

    Do I Have to Pay My Student Loans During COVID-19 Disaster? Many are now eligible to pause payment on their federal student loans. The Department of Education announced that you may be able to pause your payments for 60 days or more. To take advantage of the payment waiver, you must take steps – the relief is not automatic to everyone. Here’s how: Call your loan servicing company to check your…Read More

  2. Is Federal Lien a Threat of Levy?

    Is Federal Lien a Threat of Levy? If you receive an IRS tax lien, do you have to worry about an IRS tax levy? Here’s a quick summary of what you should do. Why Do I Even Have a Federal Tax Lien? When the IRS has been alerted that the liability will not be fully paid within 120 days, IRS routinely files their lien against liabilities. This is in order to protect the government's ability to collec…Read More

  3. How Do Regular Gamblers Handle IRS?

    How Do Regular Gamblers Handle IRS? Regular gamblers, gamers, off-track betters and wagers all take losses. No matter whether they file a tax return, get audited, have a tax lien, or try setting up an installment agreement, they usually get a raw deal from IRS about their gambling losses. All gambling losses should be deducted to reduce tax! Let’s start there. Here is the general rule: Gambling …Read More

  4. 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 “IRS Revenue Officer”. The caller will provide a name (no, it’s not his real name), and maybe e…Read More

  5. I lost my house in divorce. Will I have capital gains later?

    I lost my house in divorce. Will I have capital gains later? Avoid tricky tax problems in divorce property settlement! Here’s the common situation: Let’s suppose that you are the primary spouse on marital home’s mortgage. You plan to give your spouse all rights to your home, in the divorce. Your spouse will keep the home, but cannot refinance or remove your name off the mortgage. You might e…Read More

  6. Holiday Travelers – Has IRS Blocked your Passport?

    Holiday Travelers – Has IRS Blocked your Passport? If you have unpaid IRS tax debt, your international travel could be in danger. By Department of Treasury procedure, IRS can request to block the issuance or renewal of U.S. Passports for those who owe significant tax debt. If the debt remains without payment arrangement, IRS can request a full revocation of a passport. This applies to anyone who…Read More

  7. Tax Law Offices Reduced Clients’ Taxes and Penalties by 99 Percent

    Tax Law Offices Reduced Clients’ Taxes and Penalties by 99 Percent Last year we accepted a new client with a serious IRS problem. The government sent a bill for almost $300,000. But we disagreed with that amount. Instead, we believed our client should only pay about 1% of that tax bill. We were right! After several months of work on this problem, we convinced the IRS that their bill amount was …Read More

  8. I Don’t Have My W-2 Form

    Most every worker in the United States knows to expect his/her Form W-2 no later than January 31st. Even though many tax preparers will process your return by using your final pay statement for the previous year, you are still entitled to receive this form. There are steps you can take. Read on to learn more. Why Didn’t I Receive My W-2? As a tax defense attorney, I have seen dozens of reasons w…Read More

  9. Getting Ready for Tax Season – Part Two

    Tax season is just around the corner, so it’s time to start thinking about what you’ll need to ensure that this tax return time is smooth and easy. In our last blog post, we mentioned three of the top ways to prepare for the upcoming tax returns. For example, make sure to include your Social Security numbers when you file. Include your income tax forms, and make sure to keep track of all of yo…Read More