I had a gentlemen come to me recently with a letter called a CP2000. These letters indicate a taxpayer owes a tax because of a difference in the calculation on the return versus what the IRS has on record for the tax year. Most of the time the additional tax is in direct relation to [...]

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I recently was assigned a brand new client to assist in their tax situation.  They came on board as a client on 9/27/10.  The taxpayer owns three businesses whose IRS debt totals just over $415,000 between the three entities.  The taxpayer had tried to resolve their issues themselves with their Revenue Officer.  Unfortunately, the taxpayer [...]

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The Internal Revenue Service is continuing to issue warnings that taxpayers need to beware of e-mail scams targeting consumer’s personal and financial data. A scam that attempts to trick someone into revealing personal information is known as phishing. The scammers often pose as a legitimate organization through the use of logos and phony websites. Scammers [...]

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We have a client in the State of New York that runs a Comedy Club. Prior to hiring us for the outstanding State of New York tax issues they had a third party come in and purchase the assets, goodwill, and inventory from our client. However, they conducted this transaction without regard to the State [...]

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I took on representation for Larry and Carol S. of Ohio regarding a tax liability of approximately $100,000 for an old business they owned. The Revenue Officer was threatening to make a successorship determination and hold their new business liable for the entire amount. She was also threatening to hold them personally responsible for the [...]

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