Properly navigating the IRS labyrinth of rules and regulations is difficult and sometimes taxpayers fail to dot every “i” and cross every “t”. The results can sometimes be devastating for both individuals and small businesses. Especially if the IRS chooses to assess penalties for the unknown failures and then pay those penalties from other funds the taxpayer submits through its offset power. The recent case of Special Touch Home Care Services v. United States, provides an example of how this can sometimes occur.
Continue Reading Taxpayer’s Informal Claim for Refund of Taxes Paid and Offset by the IRS Denied on a Technicality
Is the Internal Revenue Service Lying?
Do you remember the controversy where the IRS was accused of targeting and unfairly auditing the Tea Party?
In an article Sunday from CNN’s Political Ticker by Sara Fischer, the IRS has claimed that it is unable to recover subpoenaed emails from former IRS official Lois Lerner. The reason given is a “computer crash.”
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Do we really have a “Taxpayer Bill of Rights”?
The IRS announced the adoption of a “Taxpayer Bill of Rights” Tuesday. I have listed the rights below along with my commentary. Just like our U.S. Constitutional Rights, these “rights” are and will be watered down.
All of us have certain rights we feel strongly about. For instance, folks here in Texas are very concerned
Expansion of IRS Innocent Spouse Relief
On September 13th the IRS issued a new revenue procedure that significantly changes equitable innocent spouse relief. I wrote an article that was published Tuesday in the Texas Bar Association’s Texas Tax Lawyer .
I have excerpted part of the article which discusses the significant changes.
Change #1: Greater deference is given to the presence
What You Need to Know About the IRS Shutdown
It is big news right now that the US government is facing partial closure. The partisan politics in Washington are going to affect most Americans whether they expect it or not. My list of the tax implications to the shut down is:
- Approximately 90 percent of IRS employees are not at work today. If you