Tax Law Blog

For some, tax liability takes a backseat to the onrush of life. If you are a taxpayer in New York, it is important to be aware of enforcement tools in the hands of the tax authorities.

The Internal Revenue Service (IRS) just wrapped up its list of the top 12 tax scams for this year.

An Offer in Compromise (OIC) is an agreement sometimes offered by the Internal Revenue Service (IRS) to manage tax liability. Is it the right move for you?

The Internal Revenue Service (IRS) recently agreed on changes for the upcoming tax season to allow some taxpayers with an Offer in Compromise (OIC) to retain a portion of their tax refund for needed expenses.

If your business is struggling with overwhelming debt, options are needed. Different options apply in different circumstances. For some, an offer in compromise (OIC) could have value.

When tax debt is more than you are able to pay, the Internal Revenue Service (IRS) may consider an offer in compromise.

As the 2020 tax season moves into full swing, the Internal Revenue Service (IRS) has been working hard to take fraudulent tax returns off the table.  How? By going after tax preparers who commit tax fraud.

Actor Wesley Snipes has a long-running history of tax controversy with the IRS.  In November, 2018, Mr. Snipes was handed another defeat when an IRS decision to reject his offer-in-compromise was upheld by the United States Tax Court.

While most people do not plan things that way, circumstances may leave you with an overwhelming tax obligation.  One option to relieve the tax burden could be an offer in compromise.

Despite a duty to turn over employment taxes to the Internal Revenue Service (IRS), some business owners are tempted to withhold that money. When they do—it can lead to an IRS audit, or worse, an IRS criminal tax investigation. For a Michigan man, a...