Tax Law Blog

He has collaborated with some of the biggest names in pop music, including Christina Aguilera, Justin Timberlake, Pharrell and Tim McGraw. But none of Cornell Iral Hayne, Jr.'s collaborations might have been more valuable to him than the recent one...

Today’s digital world has brought about many changes in what things can be a part of a person’s financial life. These changes include the addition of new ways to make money, new types of financial transactions and new types of assets. These new...

If you have unfiled tax returns, you undoubtedly have your reasons, whether they are related to problems in your personal life, your business or both. Once a person has decided not to file a return with the Internal Revenue Service for a year, it...

"Sometimes in our lives, we all have pain. We all have sorrow." Those are some of the lyrics from "Lean on Me," a song that has had repeated resurrections since it was first a hit more than 40 years ago. One of the last things anyone with a tax debt...

Bill collectors to help IRS gather back taxes The phone rings. On the other end, someone from a bill collection agency says you owe back taxes to the Internal Revenue Service. Those who are aware of today's many sophisticated identity-theft scams...

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...