Blog Archives

IRS Practitioner Liaison Meeting Notes January 2018 – Denver

The Perturbing New Treatment of Patents Under the Tax Cut & Jobs Act (TCJA)

Denver IRS Practitioner Liaison Meeting Notes January 2018... I wasn't able to be present at the this most excellent semi-annual event but did send one of my top trusted lieutenants who came back with the following notes and permission to

Tagged with: ,
Posted in IRS Appeal, IRS Audit, IRS Collections, IRS Criminal Enforcement, IRS Enforcement, IRS Examination, IRS Levy, IRS Lien, IRS Rev. Proc

Postings on www.IRS.gov are NOT Necessarily Legal Authority

Postings on www.IRS.gov are NOT Necessarily Legal Authority

Postings on www.IRS.gov are NOT Necessarily Legal Authority

Tagged with: ,
Posted in IRS Audit, IRS Enforcement, IRS Examination

IRS Form 1099-misc Due Date Approaching – Facts and Misconceptions

IRS Form 1099-misc Due Date Approaching - Facts and Misconceptions

IRS Form 1099-misc Due Date Approaching - Facts and Misconceptions. As many of us who hang our own shingle are painfully aware, IRS Form 1099-misc is due January 31st! I'm still shaking off the holidays. The failure to timely file

Tagged with: , ,
Posted in 1099, Informational Return, IRS Enforcement

What to do WHEN you disagree with the IRS

The IRS Office of Appeals offers taxpayers an opportunity to resolve their tax disputes without going to court. Appeals is an independent function within the IRS that provides an impartial review of your tax dispute. Appeals also offers mediation services

Tagged with: , , , ,
Posted in IRS Appeal, IRS Audit, IRS Collections, IRS Enforcement, IRS Examination, IRS Mediation

Why You Should File Past Due Tax Returns NOW

Regardless of whether or not you are able to pay your tax liability in full, you should file all tax returns that are due. To do so, file your past due return the same way that you would file a

Tagged with: , , , , , , ,
Posted in IRS Collections, IRS Enforcement, IRS Mediation, IRS Penalties, Non-filed Tax Returns, Penalty, Tax Guidance & Preparation, Tax planning, Tax Problems & Requests, Taxpayer Advocate

Protecting Americans from Tax Hikes (PATH) Act of 2015 – A Summary

Protecting Americans from Tax Hikes Act of 2015 (PATH) summarized by my friend Shirley Callahan EA. Some highlights include: Everyone will appreciate the permanency of the enhanced Educator Expenses, the Sales Tax deduction, and the R&D Credit. Section 179 is made

Tagged with: , ,
Posted in DIY, Enrolled Agent, IRS Collections, IRS Criminal Enforcement, IRS Enforcement, IRS Examination, IRS Mediation, IRS Penalties, IRS Penalty and Interest Abatement, ITIN, Licensed Tax Professional, PATH Act 2015, Paying Taxes, Penalty, Tax Abuse, Tax Court, Tax Credit, Tax Fraud, Tax Guidance & Preparation, Tax planning, Tax Preparer, Tax Problems & Requests

U.S. Tax Court Settlements in IRS Appeals

U.S. Tax Court Settlements in IRS Appeals

Situations by which Docketed U.S. Tax Court Cases Settle in IRS Appeals

Tagged with: , , , ,
Posted in Appeals & Audit Resolution, IRS Appeal, IRS Enforcement, Tax Court, Tax Relief, United States Treasury

Disability portion of SSA benefits (SSDI) will be removed from the FPLP 15% Levy for Past Due Tax Assessments

This is really confusing folks! On the one hand those of us who follow closely generally tend to believe that there is a LOT of rampant fraud in SSI Disability benefits practices these days but this news is going to

Tagged with: , , , , , , , , , ,
Posted in Disability, IRS Enforcement, IRS Levy, Social Security, SSI

Releasing a Federal Tax Lien from the IRS – A Step by Step Guide

Fortunately I graduated from providing this service for hire preferring to refer all tax collection work to a handful of trusted friends and advisers consciously choosing (bless their hearts) to focus solely on Section 6325(a) of the Internal Revenue Code that

Tagged with: , , ,
Posted in IRS Collections, IRS Enforcement, IRS Levy, IRS Lien

Marijuana Dispensary Income Tax Guidance Update: IRS Memo 201504011

Business Entity Selection and the Tax Consequences of Converting

As many of you know who follow my tax musings via this blog, I recently led a team of people that shepherded a Marijuana Dispensary through the IRS Examination and Appeals functions. The dispensary in question was owned and operated

Tagged with: , , , , , , , , , , , ,
Posted in Amortization, Business Expense, Cash Transaction, Disallowed Expenses, IRS Appeal, IRS Audit, IRS Enforcement, IRS Examination, Marijuana
Subscribe via Email

Schedule an Appointment
QuickBooks Advanced Certified ProAdvisors Online

QuickBooks Certified ProAdvisor - QuickBooks Online Advanced Certification