Can the IRS seize jointly owned property when only one owner owes taxes?
- David Greene
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The IRS can seize and sell jointly owned property in certain circumstances, even when one of the owners does not owe delinquent taxes. There is a recent case that ended up going to the Seventh Circuit Court of Appeals. In…
The IRS “Dirty Dozen” tax scams.
- David Greene
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Last week we talked about the first half of the IRS Dirty Dozen tax scams. Today I’ll list the last 6. 7. Fake Charities – Scammers pretend to be collecting money for a charity, usually after a disaster. You can…
Please visit my blog at www.greenelaw.legal to learn about the IRS “Dirty Dozen” tax scams.
- David Greene
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Each year the IRS compiles its Dirty Dozen tax scams – the worst of the worst. Here they are. 1. First on the list is Identity Theft. We addressed this in May. 2. Phone scams – One type of phone…
What Is The Federal Student Tax? Is It A Scam?
- David Greene
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There is no federal student tax. This is the latest scam using IRS impersonators. They usually threaten criminal prosecution if the student does not immediately wire funds or provide a credit card to them. There are many similar scams operating…
Some Thoughts on the Fourth
- David Greene
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Did you have a Grand Fourth of July? I hope you did and I hope you not only celebrated our independence but also remembered all those who have fought and died for our country and those who today are in…
Can gift taxes be paid pver time?
- David Greene
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The overwhelming majority of tax problems originate with unpaid income taxes and deals are made on those every day. However, the IRS does indeed make deals on other kinds of taxes. Payroll, corporate and certain excise taxes are the next…
Learn about important tax considerations following a spouse’s death.
- David Greene
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There are four important tax considerations one needs to consider following the death of a spouse. First, if you haven’t already filed your income tax return, you can still file a joint tax return for the year in which the…
Which is better, an Offer in Compromise or Installment Agreement – Part 2
- David Greene
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In my last blog I stated that if the taxpayer does not qualify for an Offer in Compromise, then we look at an Installment Agreement that is intended to pay the debt in full. However, sometimes the IRS will accept…
Which is better, an Offer in Compromise or Installment Agreement?
- David Greene
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If you qualify for an Offer In Compromise due to your current financial situation, then it is always better to do the Offer. Often we can offer the IRS a small fraction of the total amount you owe. If the…
Can criminal charges be brought for not paying payroll taxes?
- David Greene
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A business owner who has not paid the payroll taxes of his employees will usually have the trust fund penalty assessed against him, making him personally liable for the federal taxes withheld. Most trust fund cases are not criminal because…