Tax Law Blog

Other than the military, the Internal Revenue Service is probably the most feared part of the federal government. When the IRS decides you are behind in paying taxes, it can be like the ultimate debt collector, with the power to take your assets and...

There are at least a couple of ways to interpret the news that Internal Revenue Service budget cuts have led to decreases in services and collections. A new government report indicates that taxpayer service is on the decline (ask anyone who has...

Though the housing market is in remarkably better shape than it was in 2007, there are still large numbers of homeowners with significant negative equity. In fact, approximately 7 million of these property owners have mortgage debt approximately 25...

We all make mistakes in life and everyone deserves the chance to start fresh. However, when mistakes involve matters related to one's taxes, the IRS is notoriously unforgiving and often imposes harsh penalties. They may even pursue criminal tax...

Actor Robert De Niro is known as being one of the most successful working actors in Hollywood. More recently, De Niro's name made headlines when it was revealed that the Internal Revenue Service filed a tax lien against the actor related to a $6.4...

We are less than four months away from the April tax deadline and many taxpayers are planning for tax season and preparing necessary documents and paperwork. While everyone dreads receiving an IRS letter after the April 15 tax deadline, it's wise to...

According to the Internal Revenue Service's website, in 2012, the agency received a total of 144,928,472 tax return documents. Given the significant number of tax returns filed each year, it's seems crazy to think that the IRS would be able to...

There are multiple reasons why someone may not file a tax return by the date it is due. Sometimes it’s the result of procrastination. In other situations, a person may avoid doing it because they owe money and are unsure of how to cover that...

When it comes to paying taxes and dealing with the Internal Revenue Service, many people assume they are powerless. While nearly everyone in the U.S. must pay some type of taxes, taxpayers who dispute the amount of a tax bill or question certain...

We've previously discussed how complex and confusing tax laws and regulations can be. As a result, many people who attempt to complete and file their own tax documents make mistakes. Tax errors related to earned income totals are common and when the...