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Justice Department Ramps Up Tax Avoidance & Fraud Investigations

Taxpayers are being urged to pay careful attention to the upcoming reporting and filing obligations according to the Department of Justice's Tax Division. Willfully filing false tax returns or deliberate tax avoidance are serious criminal offenses.“Our criminal prosecutors are prepared for tax filing season too,” said Acting Deputy Assistant Attorney General Stuart M. Goldberg of [...]

By |2021-04-22T13:49:22-04:00|IRS, News, Tax Collections, Tax Fraud, Tax Penalties|Comments Off on Justice Department Ramps Up Tax Avoidance & Fraud Investigations

Do I Need a Tax Attorney for an IRS Audit?

Receiving an IRS audit notification is a stressful event for any taxpayer. There are so many variables in most tax returns that it may not be clear what triggered the audit and what you will need to review with the IRS.Before you communicate with the IRS about an audit, consult with a tax attorney about [...]

By |2021-06-07T13:04:32-04:00|IRS, News|Comments Off on Do I Need a Tax Attorney for an IRS Audit?

Unpaid Taxes Might Curtail Your International Travel Plans

In 2018 the Internal Revenue Service, at the direction of Congress, began a new policy of instructing the U.S. State Department to revoke or refuse to renew passports of taxpayers who owed $54,000 or more in unpaid taxes.   Last year, due to Coronavirus concerns, the program was put on hold.  Now it is back.   What [...]

By |2021-05-10T13:37:29-04:00|IRS, News, Tax Collections|Comments Off on Unpaid Taxes Might Curtail Your International Travel Plans

What Is The Average Cost For A Tax Attorney?

The answer to this question, of course, will depend on the complexity of the case. The billing option for hiring an attorney can be handled two ways: Hourly rate - In some scenarios, an hourly rate makes sense when the nature of the legal issue is uncertain. Clients can potentially save money by paying hourly. [...]

By |2021-04-13T10:56:03-04:00|IRS, News, Tax Penalties|Comments Off on What Is The Average Cost For A Tax Attorney?

Can a Good Tax Attorney Really Help Reduce Your Taxes?

The answer is a very strong YES. Whether the case involves a failure to file tax returns, the failure to pay all of the taxes that are owed for prior years, the involvement in a bad investment, a spouse who did not pay all of the family’s tax, or a troublesome audit of your return, [...]

By |2021-04-13T10:56:22-04:00|Business Taxes, IRS, News, Tax Collections, Tax Penalties|Comments Off on Can a Good Tax Attorney Really Help Reduce Your Taxes?

IRS Warns to Not Be a Victim to “Ghost” Tax Return Preparers

WASHINGTON — With the start of the 2020 tax filing season near, the Internal Revenue Service is reminding taxpayers to avoid unethical "ghost" tax return preparers. According to the IRS, a ghost preparer does not sign a tax return they prepare. Unscrupulous ghost preparers will print the return and tell the taxpayer to sign and [...]

By |2021-04-13T10:57:10-04:00|IRS, News, Tax Deductions, Tax Return Preparers|Comments Off on IRS Warns to Not Be a Victim to “Ghost” Tax Return Preparers

New Coronavirus Rules For Executing Wills In Georgia

Originally published at AVVO.com Pursuant to new legal rules announced by the Georgia Governor, we can now have you sign and witness your Last Will and Testament virtually, while you stay at home. No need to come into the office. We will discuss your wishes over the phone and email, and I witness your signature at [...]

By |2021-04-13T10:59:29-04:00|News, Wills|Comments Off on New Coronavirus Rules For Executing Wills In Georgia

Collection Agencies Will Now Be Helping The IRS Collect Back Taxes

Originally published at AVVO.com Pursuant to a law passed by Congress last year, the IRS has hired four private debt collection agencies to contact taxpayers about their back taxes. This is highly unusual, and can cause fear and confusion among citizens who owe tax, but also have heard of the many tax scams currently going [...]

By |2021-04-13T10:59:44-04:00|News, Tax Collections, Tax Penalties|Comments Off on Collection Agencies Will Now Be Helping The IRS Collect Back Taxes

Dangerous Traps for Tax Return Preparers

Originally published at AVVO.com Millions of tax returns are filed each year by return preparers, including Certified Public Accountants, Enrolled Agents, franchised tax return companies, and small companies with unregulated preparers. All of them should know that there are a lot of penalties should they violate the IRS rules. Due Diligence Penalties The Internal Revenue [...]

By |2021-04-13T11:00:03-04:00|News, Tax Penalties, Tax Return Preparers|Comments Off on Dangerous Traps for Tax Return Preparers

Changes in the 2018 Tax Code Could Impact Small Businesses

The IRS law 2018 Tax Code have made some significant changes regarding small business. As a small business owner, you must regularly think about IRS law and taxes. Staying current on tax changes and adjusting your business model to reflect such tax changes is important. Compliance with tax laws can make or break a small [...]

By |2021-04-13T11:01:50-04:00|Business Taxes, News|Comments Off on Changes in the 2018 Tax Code Could Impact Small Businesses