Tax Law Blog | IRS Tax Attorneys
TAX LAW NEWS - TAX LITIGATION
From the monthly archives:
Believe it or not, late filers are most likely than the general population to have tax refunds. You absoultely need to know that there are strict time limits for refunds, audits, and debt collection.
Your plan of action should provide an estimate for how long it will take to get your refund checks. If you owe [...]
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He’s been a state legislator, a hot-dog vendor, and a longtime political activist in Philadelphia – and now, T. Milton Street Sr. is a federal prisoner.
Street, 69, the older brother of former Mayor John F. Street, was led off in handcuffs yesterday to start serving a 30-month prison term for failing to file federal tax [...]
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The estate tax is simply unfair. It tells every American that no matter how hard you work or how wisely you manage your affairs, in the end the Federal Government is going to step in and take it away. The estate tax is double and, in some cases triple taxation, it punishes hard work and [...]
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Adoption credit. Beginning in 2007, the credit allowed for an adoption of a child with special needs is $11,390 and the maximum credit allowed for other adoptions is the amount of qualified adoption expenses up to $11,390. The credit begins to phase out if you have modified adjusted gross income of $170,820 or more and [...]
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The Tax Compliance Department is responsible for ensuring the University is in compliance with employer federal, state and local tax regulations, preparing annual W-2 statements for employees and 1099 forms for non-employees receiving compensation from the University.
The Tax Compliance Department also handles non-resident alien taxation and reporting issues, sales tax, unrelated business income and miscellaneous [...]
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Collection Financial Standards are used to help determine a taxpayer’s ability to pay a delinquent tax liability. Allowable living expenses include those expenses that meet the necessary expense test. The necessary expense test is defined as expenses that are necessary to provide for a taxpayer’s (and his or her family’s) health and welfare and/or production [...]
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Quite often, too much tax is collected. Just because the tax has been paid does not necessarily mean that the government is entitled to keep all of it.
Many people discover that too much tax has been paid when they complete the required information or tax return. For example, when you complete your personal income tax [...]
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The Revenue Agent’s report is not binding. You may appeal the decision at a number of levels. This may be done before the Agent’s manager, before an Appeals’ officer, and before the US Tax Court.
The ability to access these venues is limited due to the timetables involved. Make sure you stay one step ahead of [...]
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An excise tax is imposed when certain acts are performed, for engaging in particular occupations, for obtaining certain licenses, and for the enjoyment of certain privileges granted by the government.
There are a variety of excise taxes which arise in all sorts of activities – manufacturing, retailing, wagering, environmental activities, qualified investment entities, “golden parachute” arrangements, [...]
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If the tax is a sales tax, excise tax, or license/permit – you may have to do without. If you are not able to afford it, you don’t get the enjoyment of it.
Other taxes, primarily income tax, can be paid over time if you are unable to pay for it. You will be required to [...]
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