IRS penalties can be draconian. The penalties that are applied most often have to do with late filing and late payment of taxes due. Individual tax returns must be filed by April 15th each year (although this year we have until April 18th because one of the states observes Friday, April 15th as a legal […]

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We are fortunate to have had a large number of people for whom we have arranged successful outcomes. These happy folks and other professionals refer taxpayers with IRS problems on a regular basis. When we are contacted by a new prospective client this is how it normally progresses. Because I have been an advocate for […]

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Until recently the IRS could audit your filed tax returns for three years. This is calculated from one of two dates – three years from the due date of the return (including extensions) if the return is filed on time OR three years from the actual date it was filed, if it was filed late. […]

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Those who pay close attention to this sort of thing are aware that part of the recently-passed tax bill resurrected an oldie, but not necessarily a goodie. A number of years ago Congress decided that the IRS was not doing an adequate job of collecting on tax balances due. It was decided to pass along […]

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You Got My IRS Debt Reduced By HOW Much?

It’s time to crow a little. As you know if you have read earlier postings, helping taxpayers resolve their IRS problems and also get their lives and financial futures back is what lights my fire. In the past three days we have brought the following issues to positive conclusions. Last week we had contact from […]

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I gave a Power-of-Attorney to My CPA and Never Had to Speak with the IRS Again. Thank You!!

Most experienced IRS problem solvers agree that the less direct contact the taxpayer has with the IRS the better. There is a special IRS form that allows any taxpayer to file for the purpose of appointing an expert to represent their interests. IRS Form 2848, Power of Attorney and Designation of Representative (known in the […]

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Yes Virginia, I Got Audited, Too – The Story of My Personal IRS Audit

Those of you who regularly read postings on this site are aware of my passion for saving all the tax dollars you can, LEGALLY, by setting up your business properly. One of my approaches has been, and remains, to present seminars providing detailed information on how to maximize your tax savings. In the mid-2000s, the […]

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IRS Helps Identity Theft to Proliferate? That and Other Ideas about Identity Theft.

IRS scams have become much more common now as more and more scammers attempt to steal identities. Interestingly (and shockingly) the IRS is often the supplier of information used by scammers to perpetrate their frauds. The IRS is working hard to resolve this mess. We will withhold our opinion until we see how they did […]

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Taxpayer Advocate Does NOT Like User Fees. Neither Should You!

You may or may not know that the government has a position known as “Taxpayer Advocate”. This person is charged with helping taxpayers with some, not all, needs when having a dispute with the IRS. We tax professionals sometimes resort to using their help when the normal channels have stopped working. They can be very […]

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REALLY? – Now the IRS Can Keep Me from a Vacation in the Bahamas?

Our government is really on a roll. The latest bit of chicanery showed up as part of the Fixing America’s Surface Transportation (FAST) Act. I’m not too sure what this has to do with the revoking of my passport, but such are the ways of our elected “statesmen and women”. The IRS was given power […]

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