It can be a daunting experience if you have not paid your income taxes and the IRS is trying to collect taxes it claims are owed by you. The IRS has a number of […]
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It is a pervasive misconception among debtors in Chapter 7 bankruptcy cases that the debtor has a duty to enter a new contract with secured creditors in order to retain their vehicles, their home, […]
On July 3, 2014 Israel’s Finance Ministry announced that it had signed an agreement with the United States aimed at improving international tax law and implementing the U.S. Foreign Accounts Tax Compliance Act (FATCA). […]
You have a cause for which you’re deeply concerned. Or your child’s local sports team needs a tax exempt entity to better operate under a common organizational structure. Internal Revenue Code 501(c)(3) tax-exempt status […]
While it may seem unpatriotic to some, you are only required to pay the minimum amount of tax you owe under the tax laws. Judge Learned Hand wrote in an oft-quoted tax case, “Anyone may […]
With the majority of personal tax returns now filed, how did the IRS do compared to the prior tax year? Well, here are a few statistics just published by the IRS (processing dates are […]
Valuing a piece of property where there is not a readily available market price available can be difficult. And issue may arises when you make a gift of this property to a loved one […]
Recently the IRS issued an updated advisory on the importance of maintaining and safeguarding tax records. The release was timed to coincide with the start of hurricane season. While not everyone lives in a […]
The IRS has clarified its rules regarding when an IRS contractor may receive material on behalf of the IRS that was produced in response to an IRS summons. The IRS has amended its […]
A recent ruling from the 9th Circuit Bankruptcy Appellate Panel has clarified an ambiguity in the bankruptcy code by clarifying that property inherited more than 180 days after the filing of a Chapter 13 […]