What kind of activities increase the chances of being audited?
- David Greene
- Comments Off on What kind of activities increase the chances of being audited?
Some tax returns are more likely to be audited than others. Why is this? I can think of eleven practices that lead to a greater risk of audit. First is using a “sketchy” tax preparer. This is one who…
Is there any one group of people who tend to get in trouble with the IRS more than others?
- David Greene
- Comments Off on Is there any one group of people who tend to get in trouble with the IRS more than others?
I can’t say that there is any one group that tends to get in trouble more than any other, but there is one type of taxpayer who tends to get in trouble frequently. Self employed people tend to find themselves in…
How can collecting Social Security lead to an increase in your tax liability?
- David Greene
- Comments Off on How can collecting Social Security lead to an increase in your tax liability?
One very common problem we see at the office arises when people begin collecting Social Security yet are not fully retired. When you begin collecting Social Security, the government considers you as “retired” and does not expect you to continue…
Learn how to protest the assessment of additional payroll taxes.
- David Greene
- Comments Off on Learn how to protest the assessment of additional payroll taxes.
We have discussed appeals in the past and one certainly might be able to appeal this notice of additional tax. We need to know the answer to some questions first, such as: Has the tax actually been assessed or has…
Is failure to file a tax return reason enough to subject one to criminal charges?
- David Greene
- Comments Off on Is failure to file a tax return reason enough to subject one to criminal charges?
I have many clients who have not filed a tax return in 10 years or more. These clients do not need to worry about going to jail unless he or she set out to deliberately evade taxes and cheat the…
How to get an IRS lien released
- David Greene
- Comments Off on How to get an IRS lien released
Once the IRS records a lien against you it is very difficult to get it removed. However, as part of the Fresh Start Program, they have recently made several collection procedure changes designed to help taxpayers. One is that they…
How many different ways can the IRS try to collect taxes I owe – Part 2?
- David Greene
- Comments Off on How many different ways can the IRS try to collect taxes I owe – Part 2?
First, let me say that I hope all my readers had a wonderful Christmas. Two weeks ago. I mentioned several collection methods. This week I will discuss seizure of property in more detail. If the taxpayer still does not pay…
Merry Christmas
- David Greene
- Comments Off on Merry Christmas
As you read this article we are now in the week before Christmas. As an adult I ask “how did it get here so fast” but as a child I would ask “when will Christmas ever get here?!” As with…
How many different ways can the IRS try to collect taxes I owe?
- David Greene
- Comments Off on How many different ways can the IRS try to collect taxes I owe?
This is a good question, but one that cannot be answered in a short space. I will just discuss the primary methods. When one does not pay her taxes, she will first receive a friendly letter stating that she has…
Can failure to pay taxes result in jail time?
- David Greene
- Comments Off on Can failure to pay taxes result in jail time?
Yes you can go to jail for non-payment of taxes, but your failure to file and pay must be with the deliberate intent to defraud the government. In most cases the failure to file is not a deliberate attempt to…