Delinquent Tax Lives Matter - For anyone who wants to stay alive when dealing with the IRS.
With over 40 years and thousands of successful IRS cases I will update and remind you of what every taxpayer should know but doesn't.
Avoiding Income Taxes The Law Explaining The Act And Relevant Case Laws. Advocates of this idea believe they can reduce their federal tax liability by taking the position that the taxpayer’s income belongs to...
Fuel Tax Credit Laws That Apply And Explanation Proponents of this idea assert that taxpayers can claim the section 6421 fuels tax credit without regard to whether they qualify for the credit through the...
1099 OID Can Be Used As A Debt Payment Option Or The Form Or A Purported Financial Instrument May Be Used To Obtain Money From The Treasury Advocates of this contention encourage individuals to...
Tax Lien Notice Invalidity Is Not A Valid Argument Seeking for tax lien relief, some taxpayers and their representatives present false legal arguments such as the notice of federal tax lien is invalid because...
Penalties For Frivolous Tax Claims Explanations And Actual Cases Those who act on frivolous positions risk a variety of civil and criminal penalties.Those who adopt these positions may face harsher consequences than those who...
Sanctions Imposed Generally In Tax Court Cases Rodriguez v. Commissioner, T.C. Memo. 2009-92, 97 T.C.M. (CCH) 1482 (2009) – after having imposed a section 6673 penalty against the petitioner in four prior cases, the...
Sanctions Imposed Against Taxpayer’s Counsel – Actual Cases And Explanations. Powell v. Commissioner, T.C. Memo. 2009-174, 98 T.C.M. (CCH) 56 (2009) – the court imposed sanctions against the taxpayer in the amount of $25,000...
Sanctions Imposed In Collection Due Process Cases Battle v. Commissioner, T.C. Memo. 2009-171, 98 T.C.M. (CCH) 45 (2009) – In a prior case, the taxpayer was warned by the court that if he continued...
Work Opportunity Tax Credit – Eligibility Employers who decide on an elective basis to hire individuals from one or more targeted groups are eligible for a Work Opportunity Tax Credit. The Targeted Groups for...
Casualty Losses, Disaster Losses And Theft Losses Explained. Casualty losses can result from different causes such as hurricanes, floods, earthquake, explosions, fires, etc. They can cause damage or destruction of your property.If you suffer...
