The receipt of an IRS notice informing the taxpayer that s/he was selected for an audit examination naturally creates anxiety. Let's look at why a return is selected for an audit exam by the … [Read more...] about Why Did the IRS Select Me for an Audit Exam? [Part 1]
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IRS Mess Creates Taxpayer Anxiety
The IRS has a huge backlog on its hands due to its pandemic closing; lack of Congressional funding; increase of IRS responsibilities regarding stimulus payments, unemployment compensation benefits, … [Read more...] about IRS Mess Creates Taxpayer Anxiety
Individual Was Personally Liable for Unpaid TFRP
Treasurer of corporation failed to remit payroll withholding taxes and sole shareholder found personally liable for the taxes not paid. The Facts of the Case The taxpayer was the president and … [Read more...] about Individual Was Personally Liable for Unpaid TFRP
Taxpayer’s Excuse for Non-filing is Dismissed by the Courts
1985 U.S. Supreme Ct. case of Boyle Again Confirmed U.S. Supreme Ct. Case of Boyle The 1985 Supreme Court case United States v. Boyle (469 U.S. 241, discussing IRC Sec. 6651(a)(1) and … [Read more...] about Taxpayer’s Excuse for Non-filing is Dismissed by the Courts
IRS Levies Social Security Benefits
It is Well-Established that the IRS has 10 Years from its Date of Assessment to Collect Delinquent Taxes - Or Does the IRS Authority to Collect Social Security Benefits Go Beyond 10 Years? … [Read more...] about IRS Levies Social Security Benefits
When You Say “I Do”, You Need To Do
Newlyweds Need to Understand How Tying the Knot Affects Their Taxes Tax Checklist for Newly Married Couples Name. When a name changes through marriage, it is important to report that … [Read more...] about When You Say “I Do”, You Need To Do
