There are many obligations taxpayers have which, if not done or not done on time, are subject to penalties and fines from the IRS. Read more »
March 24, 2022
IRS Penalties & How To Get Rid Of Them
Blog
Wall Street Journal Agrees with Me: IRS Needs More $!
Readers of my blog know I frequently berate Congress for having cut the IRS’ budget while dramatically increasing its workload in the past decade. But here’s the politically conservative Wall Street Journal, letting us know how the IRS’s woes are encouraging tax evasion. Read more »
March 8, 2022
2021 Was Horrible for IRS Responsiveness: 2022 Will Be Worse
The IRS’s 2021 responsiveness has been rightfully panned. Due to budget constraints, Covid work restrictions for IRS employees, and a huge work increase from administering much of the Economic Recovery Act, the IRS was pounded and thus taxpayers were, too. But, if last year was bad, this year will be worse Read more »
February 24, 2022
Faucher Family Farms Update
Readers of my blog and newsletter know I have a side-gig in about a dozen hens. I love them and I love the fresh eggs they give me. That’s me with one of the girls. I’ve written about my flock before. Notice the nifty Faucher Family Farms shirt Karen got me for Christmas. Read more »
February 14, 2022
Tales From the Tax Troll Trenches: 3 Years to Assign Revenue Officer
Readers of my blog know I like to unload on the IRS occasionally. Here’s another story from the Tax Troll Trenches Read more »
January 21, 2022
What Happens to Tax Liens In Bankruptcy?
Debtor’s often have Notice of Federal Tax Lien outstanding at the time they file bankruptcy. How are these handled? Broadly, a properly-noticed lien survives bankruptcy. It continues to attach to any property Read more »
January 11, 2022
Why Bankruptcy Attorneys Shouldn’t Accept Credit Cards
I don’t take credit cards. I don’t think it’s ethical, and here’s why Read more »
December 29, 2021
How Bankruptcy Attorneys Can Stop Unethical Debt Collectors
In the cat-and-mouse game between debtors and creditors, it’s no surprise that there are dishonest debt collectors. Many of my bankruptcy clients are well-acquainted with debt collectors, often having been harassed by them for years before coming to me. Among the illegal collection practices these collection firms employ Read more »
December 21, 2021
Sebastian Explains Why Disclosing All Assets is Key to a Positive Bankruptcy Outcome
Sometimes my clients don’t believe me when I tell them they must disclose all their assets when going through Chapter 7 bankruptcy (or any other bankruptcy). With that in mind, maybe Sebastian, my Feline Paralegal, can explain things a bit better Read more »
December 10, 2021
Why You Should Give IRS As Much Documentation As Possible
There are hundreds of strategies for handling IRS issues. But not all strategies are as effective as others.
A car-repair owner got audited and brought his tax-return preparer (Jim) to handle the audit. The preparer said to give the IRS as little information as possible . “The IRS won’t want to go to trial, and they’ll cave in at the last minute,” he said. But something didn’t seem right Read more »
December 1, 2021