Tax Statute of Limitations
While many taxpayers believe that tax debts will last for their entire lives, there are statutes that place limits on the time in which the Internal Revenue Service (IRS) can collect delinquent taxes....
View ArticleTax Evasion Statute of Limitations
 Tax evasion is a serious crime that can have dire consequences, notably being large fines and prison time. Tax evasion is defined by the Internal Revenue Code as “Any person who willfully attempts in...
View ArticleTax Assessment Statutes
 The old myth is you can’t outrun death and taxes. While you certainly can’t outrun death, the statute of limitations on tax collection provides a maximum length where the IRS can insist...read more
View ArticleTax Audit Statute Of Limitations
 Tax audits can be quite the nightmare. Individuals do not know what they did to trigger an IRS audit, and often become suspicious of what the IRS is looking for. The stress and pain of having...read more
View ArticleTax Lien Statute Of Limitations
A tax lien is a lien placed on property when a person fails to make tax payments. The tax lien can be placed on the property regardless of its connection to the unpaid tax...read more
View ArticleTax Fraud Statute of Limitations
Tax Fraud is a very serious charge against an individual and can potentially lead to criminal charges filed against you. Two components must be analyzed in dealing with tax fraud statute....read more
View ArticleWhat the IRS Plain Writing Act Looks Like: And What it Means for YOU
Early October President Obama signed the "Plain Writing Act", requiring the Federal Government to write documents, like tax forms, in easy-to-understand English.read more
View ArticleDon't Let the IRS Grinch Steal Halloween
In tough times it's hard to enjoy even the simple pleasures. The IRS doesn't make it any easier.read more
View ArticleNovember's Important IRS Dates
A new month is upon us, along with a new set of IRS Deadlines. We're entering the IRS's fourth and final quarter. Here's the important IRS dates you need to know:read more
View ArticleThe IRS Says "Hell No!" to Breast Pumps
I've been asked for my opinion on the IRS decision to exclude the cost of breast pumps and related supplies from their tax-sheltered accounts.read more
View ArticleWhat's the Craziest Thing You Ever Did to Save on Taxes?
It's confession time. I know from personal experience as a former IRS Revenue Officer that taxpayers do some incredibly crazy stunts to save money on taxes.read more
View ArticleWhat Happens When I Can't Pay the IRS in Full?
You'd pay the IRS if you could...but you can't. Bills are piling up. Finances are suffering. You have other priorities and the IRS is not on the list.read more
View ArticleSteven Colbert Weighs in on Bush Tax Cuts
Watch this hilarious video as Steven Colbert takes on the Bush Tax Cuts and addresses the following question:read more
View ArticleDo YOU Want To Pay More to the IRS? Learn About the AMT
Do You Want to Pay More to the IRS?read more
View ArticleDoes the IRS Have YOUR Money? IRS Seeks to Return $164.6 Million in Checks
Does the IRS have your money? The IRS has announced they have $164.6 million in undelivered refund checks. The checks average $1,471 and one of them could be yours.read more
View ArticleFunny Tax Videos for the Thanksgiving Weekend
Tomorrow is Thanksgiving- you can't be bothered with reading much about taxes this weekend, so I've provided some must-watch tax videos to make you laugh over the holiday.]read more
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