You just received a notice from the IRS that you’re being audited. I’m sorry: it’s a stressful experience. But, now that you’re in it, here are the most important things to keep in mind. Read more>>
Top 6 Things To Know About An IRS Audit
Audits
Were Comey & McCabe IRS Audits Politically-Motivated? Unlikely
I was a tax attorney at the IRS for a decade. So you know I’ve been all over the fascinating story that the IRS recently subjected former FBI Directors James Comey and Andrew McCabe to its most invasive NRP audit. Comey and McCabe were famously fired and publicly abused by former President Trump. Suspicious minds now wonder whether IRS Commissioner Charles Rettig, a Trump appointee, ordered the audits on these two men as a form of political retribution. Very unlikely. Here’s why.Read more>>
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. In this short Vlog, Read more »
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 Read more »
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. The IRS claimed he Read more »
Which Tax Authorities Touch Californians?
The U.S. federal and California state governments fund their activities by imposing and collecting taxes on various transactions. These include the receipt of income, payment of employees, sale of goods Read more »
Beware of Slick Promises to Get IRS Penalties Waived
A client ran a landscape maintenance company in LA for 30 years. His crew showed up at clients’ houses to mow, blow, and go. My client called his crew “contractors,” Read more »
Tax Resolution Firms: Do Your Homework!
A business owner sent me an email about her tax issues: she owes lots of money, the IRS has filed lien notices, she can’t make her payments. Her CPA recommended Read more »
Could I Go to Jail For Lying On My Taxes?
My client’s shaking, horrified. She lied on her tax return and worries the IRS will find out when they open the audit. She thinks she’ll end up in handcuffs if she Read more »
Fewer Tax Audits by IRS
I attended the USC Tax Institute , a gathering of tax geeks in downtown Los Angeles, last month. Among the more accessible topics was a presentation on tax audits given by Ted Meyer, Read more »
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