Archive for August, 2010

Small Case IRS Tax Audits

Tuesday, August 31st, 2010

An small case ( S case) IRS tax audit is never a fun thing to face, but they do happen to individuals and small businesses. When faced with the burden of a tax audit you may want to contest it. Here are some guidelines.
Tax Court’s Small Case Division can hear disputes involving as much as [...]

Innocent Spouse Tax Relief

Tuesday, August 31st, 2010

Filing your taxes jointly can provide many benefits as you probably know, but sometimes it can create problems.  Innocent spouse tax relief can fix problems your spouse or ex spouse created with your taxes.
When you are married and file a joint return together it means that both individuals are jointly and individually responsible for the [...]

Change to Connecticuts Estate Tax Laws

Tuesday, August 31st, 2010

Connecticut residents will no longer have to flee to Florida to avoid the Connecticut estate tax because of a new law enacted Sept. 8 (House Bill 6802).
Beginning with deaths occurring on or after Jan. 1, 2010, estates (and gifts) of as much as $3.5 million will be exempt from Connecticut estate (and gift) tax. That [...]

The IRS Offer in Compromise is Not the Only Option for Tax Debt

Tuesday, August 31st, 2010

Did you know that one in six Americans has a tax problem?  You are not alone!  Tax Resolution Services will help you find a tax solution that fits you.  We have a 99.7% client satisfaction rate and have settled thousands of cases for an average of $0.11 on the dollar, saving clients in excess of $52 million.  You read that right!  Don’t wait any longer – contact Tax Resolution Services today
[Read More]

Related posts:

  1. Ask the Tax Resolution Expert: The IRS Offer in Compromise or Installment Agreement Programs May Be Your Tax Debt Solution
  2. Offer in Compromise Program or an IRS Payment Plan? Get Your Tax Debt Questions Answered Here!
  3. Request the Tax Resolution Expert: The IRS Offer in Compromise Program is an Option to Resolving Tax Debt

Nation’s Leading Tax Relief Firm Helps Client Resolve $91,000 in IRS Back Taxes

Tuesday, August 31st, 2010

Struggling taxpayers who owe fortunes in back taxes may be skeptical when they hear that the IRS would discharge their debt for less than the amount owed if the qualify for the IRS Offer in Compromise program.
If Gregory T. was a skeptic before, he is a believer now. He owed the IRS $91,000 in back taxes and sought tax help through our tax experts at Tax Resolution Services, Co. After
[Read More]

Related posts:

  1. Tax Resolution Services, Co., Helps Taxpayer Resolve $150K in Back Taxes and Receive IRS Refund
  2. Nation’s Leading Tax Resolution Firm Saves Taxpayer Over $5 Million with IRS Offer in Compromise
  3. Last Minute IRS Tax Relief Tips for Filing 2009 Tax Returns and Resolving Back Taxes

7 Tax Tips for Business Re. Employee v. Independent Contractor

Tuesday, August 31st, 2010

Orange County tax attorneys know that if you are a small business owner you can hire people as independent contractors or as employees. How you classify the people you hire will affect how much you pay in taxes, whether you need to…

Do You Owe More Than $100,000 In Tax?

Tuesday, August 31st, 2010

If you owe more than $100,000 in tax to the IRS, there may be a quick solution for you.

Obama Board Reaffirms Narrow Accretion Standards

Tuesday, August 31st, 2010

CHS, Inc., 355 NLRB No. 164 (August 27, 2010), is an interesting case. A union successfully brought a Unit Clarification petition seeking to accrete employees into the unit that were received as a result of a merger. The Board summarized…

3rd Dep’t. Summarize Malice Standards For Defamation Purposes

Tuesday, August 31st, 2010

Defamation is an intentional tort that is often litigated in the context of employment. Often times the alleged defamatory statement might be protected by a qualified privilege. A qualified privilege can be defeated if malice is shown. But what is…

Coke Cancels Health Insurance of Striking Workers; Workers Bring ERISA Suit

Tuesday, August 31st, 2010

Details from law.com A teamsters press release is available here. Unfortunately, unless Coke’s actions were retaliatory, they can probably do this. ERISA provides virtually no protection to employee health insurance plans. I hope I am wrong. We will have to…

What is the Difference Between Income Tax Attorney and IRS Tax Attorney

Tuesday, August 31st, 2010

If you are seeking a suggestion from your friends or relative regarding your income taxes, majority of them would advice you to hire an IRS tax attorney. However, your choice would depend on your needs and requirements. Since you are looking for someone who can assist you in preparing your income taxes, you should consider [...]

IRS Debt Payment Plans

Monday, August 30th, 2010

If you owe debt to the IRS and cannot pay in full a payment plan or IRS installment agreement may be negotiated. While this may be a good option for you to avoid wage garnishment, tax levies, etc., generally the faster you pay off the debt the less fees and penalties you will be subjected [...]

North Dakota Gambling Tax Law Update

Monday, August 30th, 2010

With confusion gambling laws in many states, North Dakota may have the most confusing of all the gambling tax laws across the country. They may be changing.
The goal of changing the laws is to make it easier on charitable organizations when it comes time to pay gambling taxes. Gaming Dinision Director Keith Lauer thinks he [...]

IRS Seeks New Issues for the Industry Issue Resolution Program

Monday, August 30th, 2010

WASHINGTON — The Internal Revenue Service is encouraging business taxpayers, associations and other interested parties to submit to the Industry Issue Resolution (IIR) program tax issues for resolution involving a controversy, a dispute or an unnecessary burden on business taxpayers.
The objective of the IIR program is to resolve business tax issues [...]

Nation’s Leading Tax Relief Firm Helps Distressed Homeowners Resolve IRS Back Taxes

Monday, August 30th, 2010

Taxpayers blindsided by back taxes after losing their homes to foreclosure in many cases can qualify for tax relief. For the many Americans who have lost their homes to foreclosure, a nasty and expensive surprise may be waiting. The IRS may choose to pursue them for back taxes relating to the foreclosure, which, for tax purposes, may be treated like a sale. The IRS may deem the foreclosure a form of
[Read More]

Related posts:

  1. Tax Resolution Services, Co., Saves Client $48,000 With IRS Offer in Compromise Tax Settlement
  2. IRS Tax Help From Tax Expert: What Individuals and Businesses Need to Know to Avoid Tax Problems
  3. Your Unfiled Delinquent Tax Return Checklist: Stop the IRS Now and Avoid Steep Interest and Penalties from Accumulating

To Be A Child With A Disability, the Condition Must Actually Affect Educational Performance

Monday, August 30th, 2010

C.D. v. Marshall Joint Sch. Dist. No. 2, Nos. 09-1319, 09-2499, 2010 WL 2990839 (7th Cir. Aug. 2, 2010), is an interesting decision. The 7th holds that a child with a physical disability was not covered by IDEA, despite the…

Third Circuit Denies Parents’ Ask for Tuition Reimbursement under the IDEA

Monday, August 30th, 2010

C.H. v. Cape Henlopen Sch. Dist., ____F.3d____ (3d Cir. May 25, 2010), is an interesting case. The 3rd Circuit held that the parents of a learning disabled student were not entitled to reimbursement of the costs of his private school…

The IRS’s Criminal Investigation Division is Investigating More Taxpayers

Monday, August 30th, 2010

WebCPA reports that the IRS’s Criminal Investigation Division (CID) is getting closer to meeting its objectives for combating tax evasion, corporate fraud, financial crime and even terrorism, according to a new report from TIGTA:
[The] Treasury Inspector General for Tax Administration noted that the division’s current strategic plan calls for it to maintain a focus on legal-source tax investigations, [...]

IRS Extending Off Shore Bank Fraudsters Leniancy Program

Sunday, August 29th, 2010

Those who have used offshore bank accounts in order to evade taxes are receiving more time to do so under a one-time extension of an IRS leniency program. The official announcement is set for today.
The program was initially expiring on Wednesday will allegedly continue until Oct. 15 according to USA today.
The IRS approved the continuation [...]

Conservative Group Says New Maine Tax Law Unconstitutional

Sunday, August 29th, 2010

A conservative public policy group said Wednesday that Maine’s new tax law is unconstitutional and that it’s prepared to file a lawsuit to overturn it.
People moving into or out of the state, as well as out-of-staters who work in Maine, could end up paying thousands of dollars more in income taxes than full-time residents under [...]