1. 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

  2. Can an IRS Levy Be Released for a Hardship?

    Can an IRS Levy Be Released for a Hardship? The federal tax levy is issued by IRS to enforce tax collection. But certain circumstances (outlined under IRM section 5.11) authorize for the Release of Levy. One of those circumstances is Economic Hardship. Under IRS Tax Code §6343, a federal tax levy must be released when IRS determines the levy creates an economic hardship. So What Are the General R…Read More

  3. 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

  4. 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

  5. Closing A Business with Payroll Tax Debt (Can You Really Do That?)

    Closing A Business with Payroll Tax Debt (Can We Really Do That?)  Clients regularly seek my advice closing their companies when faced with back taxes and interest. In many cases, they want to walk away from the failing business and the unmanageable text debt. One of the most common problems that these companies face is wrestling with payroll taxes. Payroll tax complicates business closures. We'v…Read More

  6. When is the 2017 Tax Filing Deadline?

    When is the 2017 Tax Filing Deadline? The normal deadline for individual tax returns is extended to Tuesday, April 18, 2017. Individual tax returns are due this year on April 18. Because April 15 falls on a Saturday, the date would normally be extended until the next non-holiday business day. (This is the “Weekend Rule”.) But Monday, April 17, 2017, is Emancipation Day, a legal holiday recogni…Read More

  7. Independent Contractor Classification in Home Care Businesses

    Independent Contractor Classification in Home Care Businesses Home care agencies frequently mislabel their employees, causing major payroll tax problems. The agency may list the employees as independent contractors, rather than employees of the company, unknown to the home health aides and nurses. These employees would, in turn, file the incorrect documents when filing their taxes. And worse, the …Read More

  8. Obamacare Repeal: These Taxes Could Go Away

    Obamacare Repeal: Quick Reference on Suggested Tax Decreases As a firm that handles IRS representation, rarely are we asked to comment on national tax policy. Our clients, whether in Naperville or Aurora, Illinois, or further away like the Carolinas, Nevada, or even Puerto Rico, all have weighed in their opinions on the tax changes by the Affordable Care Act, or "Obamacare." As Congress repeals …Read More

  9. How to Hire a Federal Criminal Tax Lawyer

    How to Hire a Federal Criminal Tax Lawyer Tax defense lawyers are devoted to the defense of complex federal civil tax matters, federal criminal tax matters, tax fraud and tax evasion. Your chosen Criminal Tax Lawyer might represent clients in tax matters throughout the United States. Federal Tax Crimes representation is extremely specialized. You may have a substantial risk of imprisonment. You mu…Read More

  10. Common Tax Refund Scam

    Every year the Internal Revenue Service releases its “Dirty Dozen” list of tax scams. For 2016, one of the leading scams is Falsifying Income to claim large refunds on a tax return. Back when I was working at the Internal Revenue Service, I warned my managers of the way this scam would develop. Especially with the Earned Income Credit, this scheme allows tax return preparers to assist their cl…Read More