Reversing the Denial of an EIC or exemption claim

• February 8th, 2012
• David Greene
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The denial of a person’s earned income credit and claim of exemption for a minor child affects many people.  It usually arises in the context of recently separated or divorced parents.  Both will claim the exemption and credit and the IRS assumes

When can a child support order be changed?

• January 31st, 2012
• David Greene
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Child support is always open for review until the supported child is emancipated. This usually occurs when she turns 18, 19, or graduates from high school, whichever is later.  However under some circumstances, emancipation may occur sooner or later.  Any requested change in child support has to be based on a

Is your tax refund missing?

• January 24th, 2012
• David Greene
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This time of year I get several questions about missing tax refunds.  The IRS recently reported that they have about $153 million in undelivered tax refunds.  These are for 99,123 taxpayers.  Some of my readers may be among those.  The failure in delivery was due to faulty addresses.  One good way to avoid this in

Alternatives to an Offer in Compromise

• January 19th, 2012
• David Greene
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What are some other options for retiring delinquent tax debt if one does not qualify for an Offer in Compromise?  The first option is an Installment Agreement.  Not everyone qualifies for this, but if the taxpayer does an acceptable monthly payment amount can usually be negotiated with the Revenue

THe Offer in Compromise Program

• January 11th, 2012
• David Greene
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The beginning of new year is a good time to look at the Offer in Compromise program.  Many times the IRS is willing to settle for less than the full amount owed. However, this depends on your particular circumstances.  Therefore each case is unique.  The process is called an Offer In Compromise.  It is

Thoughts For The New Year

• December 31st, 2011
• David Greene
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I hope everyone had a very nice Christmas holiday and I hope you are looking forward to a New Year filled with hope and promise.  Of course the way to make those hopes and resolutions come true is to get out and make them happen.  You’ll never get what you truly want by sitting around.  You must take action!  Since this is the start of the New Year, we are thinking about filing taxes.  In that regard I want to remind you that in order to take charitable deductions for cash

Christmas Thoughts

• December 20th, 2011
• David Greene
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I would like to share a few thoughts about Christmas.  Christmas is always a special time of year for almost everyone.  However, some Christmases are more special than others.  Your first Christmas with your new spouse and your first

Collection Methods of the IRS – Part 2

• December 14th, 2011
• David Greene
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Last week I mentioned several methods of collection.  This week I will discuss seizures in more detail.  If a taxpayer still does not pay after a levy, the case will then be assigned to a particular revenue collection

IRS Methods of Collecting Delinquent Taxes

• December 6th, 2011
• David Greene
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When one does not pay taxes, he will first receive a friendly letter stating that he has overdue taxes and asking him to pay them in full.  This letter usually comes within six months to a year after the due date.  If he ignores this letter, his file will then be assigned to the ACS (Automatic Collection System) branch and

Tax Tips for the Unemployed

• November 29th, 2011
• David Greene
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This week I’ll discuss some tax tips that can help you if you’re unemployed.

First, calculate your taxes before the end of the year.  If you were unemployed for part of the year or held several jobs during the year, the amount of tax withheld may not be enough to cover your entire tax bill.  In October or November you should prepare a preliminary tax estimate to see where you stand.  If it looks as if you might owe additional tax, you can perhaps give to charity or donate more to your retirement account to offset the tax.