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Issuance of Erroneous Letter Does Not Bind the IRS

The taxpayer filed his federal Form 1040 tax return for 2005 listing a total tax liability of nearly $90,000.00.  The taxpayer then hired a different accountant who prepared and filed a federal Form 1040X, Amended U.S. Individual Income Tax Return,…

December 09, 2018


IRS Claims 91.5% Conviction Rate on Tax Prosecutions

The IRS’ Criminal Investigation Division prosecutes tax crimes, including failure to file tax returns, tax and fraud evasion, identity theft, refund fraud, cybercrimes and money laundering.  In the fiscal year 2017, the IRS Criminal Investigation Division initiated 3,019 criminal cases. …

December 06, 2018


Tax Protester’s Arguments Rejected by the Court

In a recent case, the IRS filed suit against a taxpayer to reduce its claim to judgment, to foreclose upon its tax liens and to collect tax liabilities assessed against the taxpayer.  In response, the taxpayer argued that he is…

November 27, 2018


Taxpayer Argues That Expired Collection Statute of Limitation Bars the IRS from Collecting

The IRS typically has ten years from the date the tax is assessed to collect that liability from a taxpayer.  There are certain things that extend the collection statute of limitation, such as asking the IRS to grant an installment…

November 25, 2018


U.S. Tax Court Grants Attorney’s Fees to Taxpayer

In a recent case before the United States Tax Court, an attorney, who also ran a thoroughbred horse-breeding and racing activity, demanded that the IRS pay his attorney’s fees related to litigation in the United States Tax Court.  The attorney…

November 22, 2018


Taxpayer’s Reliance on his Attorney and Accountant not Sufficient, Penalties Sustained

A taxpayer and his two siblings sold their concrete business for approximately $30 million, and the taxpayer’s share was approximately $7 million.  As you can imagine, the tax bill on $7 million substantial.  In order to offset the huge tax…

November 20, 2018

IRS Trouble Solvers™ Reminds All Taxpayers to Only Hire Honest, Ethical and Reputable Tax Professionals

If you are following the criminal trial of former Trump campaign chairman Paul Manafort, you have learned that his accountant, Cindy Laporta, the preparer of Manafort’s tax returns, knew that the tax returns contained false information when she prepared them. …

August 09, 2018


A Tale of Unopened IRS Letters

The United States tax system is a voluntary tax compliance system – this means that you need to independently prepare and file and pay your taxes. You are not compelled to file anything. Because of the voluntary nature of this…

July 12, 2018


The Number of Tax Liens Filed by the IRS Plummets

The Number of Tax Liens Filed by the IRS Plummets What exactly is a tax lien? It typically takes the form of a Notice of Federal Tax Lien – essentially, it’s a notice to the world that you have an…

June 18, 2018


IRS Scammers Up Their Online Game

If you’re a regular reader of this blog, you’re well aware of the many ways unscrupulous people can scam innocent taxpayers by pretending to be the IRS. Scams can take many forms. A common variation is when scammers randomly call…

May 22, 2018

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