The 2015 Tax filing season has officially started and the IRS is once again struggling to process tax returns. Our processing provider has notified us that the IRS is experiencing significant eFiling issues at […]
From the nielsen law group Tag
It goes like this. Someone calls and tells you (or leaves a voicemail) that this is your last notice or the IRS will be filing a lawsuit against you. You’re directed to pay immediately […]
You probably know that forming a business entity is one of the easiest ways to protect yourself as an owner from business liabilities and you are probably aware that some tax benefits can flow […]
In a previous post we covered a method available to transfer real property without probate called the Arizona Beneficiary Deed. The purpose of the beneficiary deed is to allow the owner to retain control […]
The IRS announced today the filing deadlines for the 2015 tax year. The IRS will begin accepting 2015 returns on January 19, 2016. S-Corporation and Partnership Returns are due on March 15, 2016. Extension […]
A commonly overlooked issue in estate administration is the filing of the decedent’s final tax return. Even if there are no assets to administer, a person may have had substantial income that requires reporting […]
One of the most common letters our clients receive from the IRS is a penalty assessment letter associated with their business entity. And the good news is that the penalties can often be waived. […]
Long considered a bastion of banking privacy, Belize banks are now becoming the increasing target of IRS scrutiny. A federal judge recently granted two “John Doe” summons allowing the IRS to demand account information […]
Coca Cola has recently announced that the IRS assessed it additional taxes of $3.3 Billion for tax years 2007 and 2008 following an audit of those years. The company claims the assessment is without […]
The revocable trust is a strange bird: in preparing an asset protection plan we often speak of this type of trust as the foundation of the plan but the trust itself has no asset […]