Untimely Claim for Refund Denied

In a recent court case, the taxpayers, part-owners of a family business, timely filed their federal Form 1040 tax returns for 2002 and 2003 listing income from this “S” corporation.  As a result of this choice of corporate form, the…

July 26, 2018


Tax Liens Survive Transfer of Marital Home from Husband to Wife

In a recent case, a wife who had unpaid employment tax liability due to the IRS from her sole proprietorship business transferred her one-half interest in the marital home to her husband.  The deed transferred the property from both husband…

July 23, 2018


IRS Did Not Abuse its Discretion in Rejecting Installment Agreement

In a recent case before the United States Tax Court, the taxpayers incurred nearly $300,000.00 in unpaid assessed Form 1040 liability for 2011, 2012 and 2013.  In response to an IRS Notice of Federal Tax Lien filing and a Final…

July 22, 2018


Charitable Contribution Deductions to a Church Started by the Taxpayer Not Deductible

In a recent case, the United States Tax Court held against the taxpayers and disallowed a charitable contribution deduction they made to a church that they started.  The taxpayers founded a church in 1994 in their home and registered as…

July 20, 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


Tax Liens to Be Removed from Credit Reports

According to the Wall Street Journal, America’s three main credit-reporting firms plan to delete tax liens from American credit reports. Additionally, no new tax lien information will be added to existing reports starting this month. (The credit firms in question…

May 18, 2018


Huge Sales Tax Income Bill Deal

IRS Trouble Solvers™ Cuts Deal with Illinois Department of Revenue on Huge Sales Tax, Income Tax Bill IRS Trouble Solvers™ reached a groundbreaking agreement with the Illinois Department of Revenue. This is related to unpaid sales tax and unpaid Illinois…

May 18, 2018


Fraud Penalty Asserted Against Employee for Embezzling Company Funds

What happens when a taxpayer attempts to claim stolen funds as income on their taxes? Let’s take a closer look with this useful anecdote. Steven Guynn was the owner of Team Systems, LLC (“Team Systems”). After Mr. Guynn semi-retired in…

April 11, 2018

Chicago Area Tax Attorneys

Speak With A Tax Attorney


Chicago Tax Attorneys

314 North York Road
Elmhurst, IL 60126
Proud Member of the
American Society of Tax Problem Solvers

© 2019 Patrick T. Sheehan & Associates, Attorneys at Law, P.C. - Privacy Policy - Terms and Conditions
Serving the Chicago Area - Disclaimer