Tax Law BlogFedor Tax Law Blog provides information on audits, back taxes, tax crimes, and more.2024-03-14T14:56:00Z2024-03-14T14:56:00Zen-usEvidence of Tax Migration as Millionaires Return to New Yorkrjfedor@fedortax.com (on behalf of Robert J. Fedor, Esq., L.L.C.)2024-03-14T14:56:00Z2024-03-14T14:56:00Z<p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Growing-Taxes-235082.jpg?width=300&height=225&name=bigstock-Growing-Taxes-235082.jpg" width="300" height="225" alt="tax migration" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">Tax migration—is it a thing in New York? A new report suggests maybe not.</p>
<img src="https://track.hubspot.com/__ptq.gif?a=405140&k=14&r=https%3A%2F%2Fwww.fedortax.com%2Fblog%2Fevidence-of-tax-migration-as-millionaires-return-to-new-york&bu=https%253A%252F%252Fwww.fedortax.com%252Fblog&bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "><p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Growing-Taxes-235082.jpg?width=300&height=225&name=bigstock-Growing-Taxes-235082.jpg" width="300" height="225" alt="tax migration" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">Tax migration—is it a thing in New York? A new report suggests maybe not.</p>2024-03-14T14:56:00ZLet’s Talk Tax Season and Digital Assetsrjfedor@fedortax.com (on behalf of Robert J. Fedor, Esq., L.L.C.)2024-03-12T17:44:04Z2024-03-12T17:44:04Z<p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Modern-Way-Of-Exchange-Bitcoi-306734686.jpg?width=350&height=186&name=bigstock-Modern-Way-Of-Exchange-Bitcoi-306734686.jpg" width="350" height="186" alt="virtual currency" style="height: auto; max-width: 100%; width: 350px; float: right; margin: 0px 10px;">As digital assets wax and wane in value, it is a good idea to understand what information is due to the Internal Revenue Service (IRS) this time of year.</p>
<img src="https://track.hubspot.com/__ptq.gif?a=405140&k=14&r=https%3A%2F%2Fwww.fedortax.com%2Fblog%2Ftax-season-and-digital-assets&bu=https%253A%252F%252Fwww.fedortax.com%252Fblog&bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "><p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Modern-Way-Of-Exchange-Bitcoi-306734686.jpg?width=350&height=186&name=bigstock-Modern-Way-Of-Exchange-Bitcoi-306734686.jpg" width="350" height="186" alt="virtual currency" style="height: auto; max-width: 100%; width: 350px; float: right; margin: 0px 10px;">As digital assets wax and wane in value, it is a good idea to understand what information is due to the Internal Revenue Service (IRS) this time of year.</p>2024-03-12T17:44:04ZTrending Now: What is the Tax Justice Initiative?rjfedor@fedortax.com (on behalf of Robert J. Fedor, Esq., L.L.C.)2024-03-07T16:08:00Z2024-03-07T16:08:00Z<p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Judge-gavel-scales-of-justice-118171523.jpg?width=300&height=200&name=bigstock-Judge-gavel-scales-of-justice-118171523.jpg" width="300" height="200" alt="tax justice" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">At the federal and state level, some lawmakers are working to raise taxes for the wealthy.</p>
<img src="https://track.hubspot.com/__ptq.gif?a=405140&k=14&r=https%3A%2F%2Fwww.fedortax.com%2Fblog%2Fwhat-is-the-tax-justice-initiative&bu=https%253A%252F%252Fwww.fedortax.com%252Fblog&bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "><p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Judge-gavel-scales-of-justice-118171523.jpg?width=300&height=200&name=bigstock-Judge-gavel-scales-of-justice-118171523.jpg" width="300" height="200" alt="tax justice" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">At the federal and state level, some lawmakers are working to raise taxes for the wealthy.</p>2024-03-07T16:08:00ZFile an Ineligible Employee Retention Credit? Here is a Way Outrjfedor@fedortax.com (on behalf of Robert J. Fedor, Esq., L.L.C.)2024-03-05T15:58:00Z2024-03-05T15:58:00Z<p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Employee-Retention-Credit-Appl-432086915.jpg?width=300&height=200&name=bigstock-Employee-Retention-Credit-Appl-432086915.jpg" width="300" height="200" alt="employee retention credit" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">In the press of the pandemic and after, many businesses and other entities filed Employee Retention Credit (ERC) claims. In 2023, an investigation by the Internal Revenue Service (IRS) found many of those claims were not eligible. What happens next?</p>
<img src="https://track.hubspot.com/__ptq.gif?a=405140&k=14&r=https%3A%2F%2Fwww.fedortax.com%2Fblog%2Ffile-an-ineligible-employee-retention-credit&bu=https%253A%252F%252Fwww.fedortax.com%252Fblog&bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "><p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Employee-Retention-Credit-Appl-432086915.jpg?width=300&height=200&name=bigstock-Employee-Retention-Credit-Appl-432086915.jpg" width="300" height="200" alt="employee retention credit" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">In the press of the pandemic and after, many businesses and other entities filed Employee Retention Credit (ERC) claims. In 2023, an investigation by the Internal Revenue Service (IRS) found many of those claims were not eligible. What happens next?</p>2024-03-05T15:58:00ZTaxpayer Advocate Delivers 2023 Annual Report on the IRS to Congressrjfedor@fedortax.com (on behalf of Robert J. Fedor, Esq., L.L.C.)2024-02-29T17:00:00Z2024-02-29T17:00:00Z<p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Irs-Word-Through-Magnifying-Gl-426252464.jpg?width=300&height=190&name=bigstock-Irs-Word-Through-Magnifying-Gl-426252464.jpg" width="300" height="190" alt="IRS report" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">The 2023 Report to Congress by the National Taxpayer Advocate (NTA) Erin Collins has been released. The report depicts an agency in transition with challenges to overcome in providing services to the nation’s taxpayers.</p>
<img src="https://track.hubspot.com/__ptq.gif?a=405140&k=14&r=https%3A%2F%2Fwww.fedortax.com%2Fblog%2Ftaxpayer-advocate-delivers-2023-annual-report-on-the-irs-to-congress&bu=https%253A%252F%252Fwww.fedortax.com%252Fblog&bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "><p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Irs-Word-Through-Magnifying-Gl-426252464.jpg?width=300&height=190&name=bigstock-Irs-Word-Through-Magnifying-Gl-426252464.jpg" width="300" height="190" alt="IRS report" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">The 2023 Report to Congress by the National Taxpayer Advocate (NTA) Erin Collins has been released. The report depicts an agency in transition with challenges to overcome in providing services to the nation’s taxpayers.</p>2024-02-29T17:00:00ZOhio Legislators Aim at Ending State Income Taxrjfedor@fedortax.com (on behalf of Robert J. Fedor, Esq., L.L.C.)2024-02-27T16:15:00Z2024-02-27T16:15:00Z<p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock--151807685.jpg?width=300&height=187&name=bigstock--151807685.jpg" width="300" height="187" alt="ohio state income taxes" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">The Ohio legislation would like to phase out state income taxes, a measure that has some critics questioning the math.</p>
<img src="https://track.hubspot.com/__ptq.gif?a=405140&k=14&r=https%3A%2F%2Fwww.fedortax.com%2Fblog%2Fohio-legislators-aim-at-ending-state-income-tax&bu=https%253A%252F%252Fwww.fedortax.com%252Fblog&bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "><p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock--151807685.jpg?width=300&height=187&name=bigstock--151807685.jpg" width="300" height="187" alt="ohio state income taxes" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">The Ohio legislation would like to phase out state income taxes, a measure that has some critics questioning the math.</p>2024-02-27T16:15:00ZTis the Season! Tax Tips You Can Userjfedor@fedortax.com (on behalf of Robert J. Fedor, Esq., L.L.C.)2024-02-22T16:30:00Z2024-02-22T16:30:00Z<p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Time-For-Taxes--Clock-6864456.jpg?width=300&height=240&name=bigstock-Time-For-Taxes--Clock-6864456.jpg" width="300" height="240" alt="file taxes" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">The 2024 filing season is now open. The Internal Revenue Service (IRS) began accepting tax returns in late January. It is time to connect with your <a href="https://www.fedortax.com/blog/choose-your-tax-preparer-wisely">tax professional</a> to collect, review, and create the appropriate returns.</p>
<img src="https://track.hubspot.com/__ptq.gif?a=405140&k=14&r=https%3A%2F%2Fwww.fedortax.com%2Fblog%2F2024-tax-tips-you-can-use&bu=https%253A%252F%252Fwww.fedortax.com%252Fblog&bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "><p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Time-For-Taxes--Clock-6864456.jpg?width=300&height=240&name=bigstock-Time-For-Taxes--Clock-6864456.jpg" width="300" height="240" alt="file taxes" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">The 2024 filing season is now open. The Internal Revenue Service (IRS) began accepting tax returns in late January. It is time to connect with your <a href="https://www.fedortax.com/blog/choose-your-tax-preparer-wisely">tax professional</a> to collect, review, and create the appropriate returns.</p>2024-02-22T16:30:00ZIRS Gears Up on Initiatives to Collect on Millionaire Tax Debtrjfedor@fedortax.com (on behalf of Robert J. Fedor, Esq., L.L.C.)2024-02-20T15:30:00Z2024-02-20T15:30:00Z<p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Give-Me-The-Money-2709225.jpg?width=300&height=200&name=bigstock-Give-Me-The-Money-2709225.jpg" width="300" height="200" alt="IRS enforcement" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">The long-planned effort by the Internal Revenue Service (IRS) to recover taxes due from the wealthy is underway, already netting the agency more than half a billion dollars.</p>
<img src="https://track.hubspot.com/__ptq.gif?a=405140&k=14&r=https%3A%2F%2Fwww.fedortax.com%2Fblog%2Firs-to-collect-on-millionaire-tax-debt&bu=https%253A%252F%252Fwww.fedortax.com%252Fblog&bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "><p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Give-Me-The-Money-2709225.jpg?width=300&height=200&name=bigstock-Give-Me-The-Money-2709225.jpg" width="300" height="200" alt="IRS enforcement" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">The long-planned effort by the Internal Revenue Service (IRS) to recover taxes due from the wealthy is underway, already netting the agency more than half a billion dollars.</p>2024-02-20T15:30:00ZSeeing is Believing: The Taxpayer Advocate Taxpayer Roadmaprjfedor@fedortax.com (on behalf of Robert J. Fedor, Esq., L.L.C.)2024-02-15T16:28:00Z2024-02-15T16:28:00Z<p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Concept-of-the-road-to-success-109072523.jpg?width=300&height=207&name=bigstock-Concept-of-the-road-to-success-109072523.jpg" width="300" height="207" alt="tax system" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">If you owe money to the Internal Revenue Service (IRS), and do not know which way to turn, fear not. There is a map for that.</p>
<img src="https://track.hubspot.com/__ptq.gif?a=405140&k=14&r=https%3A%2F%2Fwww.fedortax.com%2Fblog%2Fthe-taxpayer-advocate-taxpayer-roadmap&bu=https%253A%252F%252Fwww.fedortax.com%252Fblog&bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "><p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Concept-of-the-road-to-success-109072523.jpg?width=300&height=207&name=bigstock-Concept-of-the-road-to-success-109072523.jpg" width="300" height="207" alt="tax system" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">If you owe money to the Internal Revenue Service (IRS), and do not know which way to turn, fear not. There is a map for that.</p>2024-02-15T16:28:00ZSwiss Bank to Pay More than $122 Million for Tax Fraudrjfedor@fedortax.com (on behalf of Robert J. Fedor, Esq., L.L.C.)2024-02-13T16:16:35Z2024-02-13T16:16:35Z<p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Tax-Evasion-Concept-94530380.jpg?width=300&height=159&name=bigstock-Tax-Evasion-Concept-94530380.jpg" width="300" height="159" alt="tax evasion" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">The Swiss institution, Banque Pictet, has admitted to helping U.S. taxpayers hide billions in undisclosed accounts.</p>
<img src="https://track.hubspot.com/__ptq.gif?a=405140&k=14&r=https%3A%2F%2Fwww.fedortax.com%2Fblog%2Fswiss-bank-to-pay-more-than-122-million-for-tax-fraud&bu=https%253A%252F%252Fwww.fedortax.com%252Fblog&bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "><p><img src="https://www.fedortax.com/hs-fs/hubfs/bigstock-Tax-Evasion-Concept-94530380.jpg?width=300&height=159&name=bigstock-Tax-Evasion-Concept-94530380.jpg" width="300" height="159" alt="tax evasion" style="height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 10px;">The Swiss institution, Banque Pictet, has admitted to helping U.S. taxpayers hide billions in undisclosed accounts.</p>2024-02-13T16:16:35Z