September 23, 2016

What are some events that can suspend or extend the collection statute allowing the IRS more time to collect on an outstanding tax debt?

What are some events that can suspend or extend the collection statute allowing the IRS more time to collect on an outstanding tax debt? Bankruptcy: When […]
September 23, 2016

How long can the IRS collect on a past due debt?

Generally, the IRS has 10 years from the date of assessment to collect on an outstanding balance due per Internal Revenue Code 6502.  If a taxpayer […]
August 2, 2016

When Can a Divorce Result in Both a Husband and Wife Facing Exposure for the Potential Investigation and Conviction of Tax Crimes?

Consider the following scenario where a husband typically prepares the couple’s married filing jointly tax returns on Turbo Tax with very little involvement from his wife.  […]
August 1, 2016

Is Tax Fraud Likely to Be Disclosed During Divorce Proceedings?

Many soon-to-be former spouses may have an inkling of an idea that things can go seriously wrong during divorce negotiations if the process is not handled […]
June 10, 2016
What happens if I owe the IRS over $50k and I travel outside the country

2016 Changes to IRS Collections

What happens if I owe the IRS over $50k and I travel outside the country? On or about December 3, 2015, Congress passed the “Fixing America’s […]
December 4, 2015

Can I set up a payment plan for unpaid payroll taxes?

Generally, if a taxpayer owes payroll taxes for an amount less than $25,000, the taxpayer can request an installment agreement to full pay their tax liability […]