What is a Preference in Bankruptcy? Read more >>
March 29, 2021
How To Defend Against a Bankruptcy Preference
Blog
Problems with the IRS? Who are you gonna call?
Katie Clunen is a terrific family law attorney in Westlake Village. Tax issues often arise when couples divorce, so Katie and I often need to speak. Read more >>
March 5, 2021
Tax Issues in Divorce: Who Represents Who?
Katie Clunen is a sharp family law attorney in Westlake Village, CA. She recently asked me whether a couple with tax issues going through a divorce need separate attorneys to deal with the tax problem, or whether they can jointly hire a tax attorney. Watch this short Vlog for the answer. Read more >>
February 12, 2021
Why I Practice Tax Law
My life left the path of “average” when my father, a research chemist, received a posting in his company’s sales division in Geneva, Switzerland. Read more >>
February 10, 2021
Filing a Tax Return and Audit Selection
That dreaded, fifth season of the year is soon to be upon us: Tax Season. Many Americans are turning their attention to tax returns and as they file, most people wonder “could I get audited this year?” The statistical chances of a tax return getting flagged for an audit are very small, but it still weighs on one’s mind. So, let’s take a look at the filing and audit process a little closer: Read more >>
January 28, 2021
Private Tax Debt Collectors & Vultures…
I recently got a letter from Pioneer Credit Recovery of Horseheads, New York (population 6,461), telling me that it was taking over one of my clients’ accounts from the IRS. Read more »
November 13, 2020
Homestead Exemption Increased; Now Easier to File Chapter 7 Personal Bankruptcy
California just became a much more debtor-friendly state. Specifically, most people filing chapter 7 personal bankruptcy no longer risk losing a house in which they have substantial equity. Read more »
October 20, 2020
Reynolds & Reynolds CEO Charged With Hiding $2 Billion from IRS – Biggest U.S. Tax Evasion Ever
I saw this article originally in the Wall Street Journal, front page. But, I’m posting from the New York Times, because it’s not behind a paywall. Read more »
October 16, 2020
IRS Audit Challenge – Tax Bill of $203,000 Owed Reduced to $1,500 for Santa Barbara County Wine Merchant
A merchant who buys and sells wines through an LLC that shows up as a Schedule C business on his personal tax return was recently audited. Read more »
October 16, 2020
“Preferential” Repayments to Creditors Before Bankruptcy: the Case of Family Members
Many of my bankruptcy clients want to know what will happen if they repay a family member before filing bankruptcy. It’s an important and common question I just faced. Read more »
October 13, 2020