New Year Thoughts
- David Greene
- Comments Off on New Year Thoughts
As most of you know, the majority of my practice is dealing with IRS problems and Estate Planning. Today I want to pass along some thoughts about both of those areas. Even as the COVID-19 pandemic rages on, our problems…
What is my process for resolving delinquent taxes for clients?
- David Greene
- Comments Off on What is my process for resolving delinquent taxes for clients?
Since each case is unique to its own set of facts, I can only discuss general guidelines of our process. When one retains me, he will sign a Form 2848 Limited Power of Attorney that allows me to represent him…
What is an Offer in Compromise based on Doubt as to Liability?
- David Greene
- Comments Off on What is an Offer in Compromise based on Doubt as to Liability?
The Offer in Compromise program is a voluntary program that is offered to certain taxpayers who are delinquent in their taxes. There are three types of offers, including this one. The other two types are an Offer in Compromise based…
What should a taxpayer do after receiving a threatening letter from the IRS?
- David Greene
- Comments Off on What should a taxpayer do after receiving a threatening letter from the IRS?
Even though most IRS offices are still closed due to COVID-19, some letters, computer generated and otherwise, are still being sent. When a person receives any Notice from the IRS, here are several things he can do: (1) Don’t panic. …
The PEOPLE FIRST INITIATIVE from the IRS
- David Greene
- Comments Off on The PEOPLE FIRST INITIATIVE from the IRS
In conjunction with the CARES Act and other directives from the President, the IRS has begun a new initiative called the People First Initiative. The highlights are as follows: If you are in an existing Installment Agreement, payments due between…
Can one file a separate Offer in Compromise if separated from the spouse?
- David Greene
- Comments Off on Can one file a separate Offer in Compromise if separated from the spouse?
The answer is that a couple can each an Offer if they are separated; however, you can still file a joint Offer if you cooperate. To do that all of the assets, income and expenses of both parties would be…
Which people get in tax trouble the most?
- David Greene
- Comments Off on Which people get in tax trouble the most?
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…
Is refusing to file taxes a criminal offense?
- David Greene
- Comments Off on Is refusing to file taxes a criminal offense?
This is an area that the IRS pursues very vigorously, so there are more people than one might think who do this. Here I’m talking about people who take the position that taxes are illegal and do not need to…
What kind of documents do I have to submit to the IRS when I submit an Offer In Compromise?
- David Greene
- Comments Off on What kind of documents do I have to submit to the IRS when I submit an Offer In Compromise?
The Offer In Compromise program is a voluntary program that is offered to taxpayers who are delinquent in their taxes. Not everyone qualifies, but if you think you do and want to make an Offer you must disclose some private…
Is the Offer In Compromise program a scam?
- David Greene
- Comments Off on Is the Offer In Compromise program a scam?
I’m happy to say that the Offer In Compromise program is not a scam and still works in the right circumstances. In fact, I have already had several Offers accepted in 2019! However, some unscrupulous people will take your money…