When you are looking for someone to represent you before the IRS you need to look for several things. First, I would look for a firm where you can speak with the actual person who will be representing you. Many tax resolution companies out there have local offices where they have "sales people" [...]
Monthly Archives: November 2007
Are College Tuition or Studen Loans Allowable Expenses when Negotiating an Offer in Compromise?
QUESTION: I am trying to negotiate an offer in compromise with the IRS for my tax liability. I went to college and graduate school and I had to borrow a lot of money to get those degrees, but it lead to getting a good paying job. Now I also have children in college and [...]
Should Medical Providers Who Owe Back Taxes Continue Receiving Medicaid Funds for Their Services?
The Government Accountability Office recently began to investigate the "tax gap" found where medical providers owe over $1 Billion in back taxes, however, they continue to receive Medicaid payments for services provided to the over 55 million Medicaid participants. The problem the IRS seems to run into in this situation is that Medicaid [...]
Do You Make These Mistakes: Not Having Enough Money Withheld From Your Paycheck
Most of my clients who are actual employees (rather than being self-employed) do not have enough money withheld from their paychecks each week. The common thing I see is that people claim 9 exemptions on their W-4 with their payroll department so there will be almost no income tax withheld from their check and [...]
Do You Make These Mistakes?
In this series, I am going to be asking the question, "do you make this mistake?" The majority of times people get into trouble with the IRS it is because they do not know what they are doing rather than some intentional action. While ignorance is not a defense (even when dealing with complex [...]
Can You Give Thanks for Taxes or the IRS?
As we get ready to celebrate the Thanksgiving holiday I am and will be doing what most Americans are and thinking of the things that I am thankful for in my life. Included in my list are Christ, my family and friends, fulfilling work, and there is much more that I am sure I [...]