IRS and the Law
Current events and practical real-world solutions to IRS investigations. Emphasis is placed on the use of bankruptcy in resolving IRS claims.
Author: Howard Levy is a partner at Voorhees & Levy in Cincinnati.
Blawg Related Categories: Bankruptcy Law • Government Law • Tax Law • Solo / Small Firm
Recent Posts from IRS and the Law
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IRS steps it up on pursuit of unpaid employment taxes
In tough economic times, hard-working entrepreneurs protect their business by first paying the vendors, suppliers and employees that are necessary to operations, and delaying payment to the IRS. This is because the vendors and employees are…
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5 things to always do when talking to the IRS.
1. Be courteous and respectful. You will get nowhere with an angry or condescending attitude, and will just give the IRS reason to come down harder on you. When your head is in the mouth…
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Where do Tax Court judges get their experience from?
Tax Court judges have experience either as former government lawyers or in the private sector at law firms. Of the thirty-two Tax Court judges, thirteen previously worked for the government as IRS lawyers; four were…
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Agreements to repay IRS debts under $25,000 can be simple and straightforward.
I often have new clients come in who owe the IRS under $25,000 and have the ability to repay the debt with monthly installment agreements. If we determine they can repay the debt within 60 months,…
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Doing away with an audit result in bankruptcy.
I received this referral this week about eliminating taxes in bankruptcy: I was audited for my 2005 taxes and owe $55,000 to the IRS as a result. I owe other debt in addition to the…
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When does the collection of IRS debt expire?
With more money sitting delinquent in the US Treasury than the government has resources to collect, this is a great question. All of that “quiet” debt does go eventually go away. The IRS has…
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IRS by the numbers
IRS enforced collection activity continues to heat up. Compromise settlements are down by 70% while bad debt accounts continue to accumulate. Here are the numbers: 1. 779,000 taxpayer accounts were assigned to the IRS collection queue. 2.…
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What do all of these different IRS collection letters mean?
IRS collection letters often look similar, and all seem intimidating. But they are not. I get calls from my clients all the time who have received IRS collection letters and are in a state of…
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When do I know its right to file an offer in compromise? 5 top reasons. Part I of II.
1. You are pretty much broke. In a compromise, the IRS must be convinced that they will be unable to collect the amount of money you them in the timeframe they have…
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IRS property seizures and auctions for June and July, 2008
The IRS has announced its public auctions of seized taxpayer property for June and July, 2008. Property being sold includes designer clothing and jewelry in New Jersey, vacant commercial real estate in Cleveland, Ohio and, yes,…