Taxpayer interactions with Internal Revenue Service officers and other IRS employees can involve very high-stakes tax issues. IRS workers can have a lot of power within these interactions. So, what happens in these interactions and how responsibly IRS employees act in their use of this power during the course of them can be very impactful for taxpayers. Skilled tax attorneys can guide taxpayers through these impactful interactions and keep an eye on whether IRS workers cross the line in their case.
In recent years, the news has been full of reports of data breaches. So, data security and the risk of the theft of one’s personal information may be on the front of many people’s minds these days.
Among the things that can pose significant problems for a taxpayer is being accused of failing to report income to the Internal Revenue Service. Such accusations could leave a taxpayer facing significant monetary penalties and other impactful consequences.
Among the very impactful actions the IRS sometimes takes against individuals is seizing their assets. There are a variety of situations in which a person could be facing an IRS asset seizure.
A business can be in a vulnerable position as it is just getting started. Financial shocks could imperil a new business’ future survival.
Many things in our world can have tax implications. This includes how lucky a person proves to be when they gamble. In today’s post, we will talk about a couple of the big tax issues that come up in connection to gambling.
There are a range of circumstances in which a taxpayer could end up being contacted by the Internal Revenue Service. Such contact can take multiple forms. You might receive a letter from the agency. A revenue agent or officer might contact you by phone. Also, you might be visited by a revenue agent, revenue officer or criminal investigator at your place of business or home.
Certain things can land a business in hot water with the Internal Revenue Service. One is being accused of not having acted properly regarding payroll taxes.
Among the things dealing with a tax dispute with the Internal Revenue Service could involve is bringing an appeal to the agency’s Office of Appeals. Among the things that have big impacts when a taxpayer is bringing such an appeal is what happens in interactions with this office. There are many such interactions the appeals process can involve. Given the high stakes connected to these interactions, having a skilled attorney’s help with such interactions can be of great importance for a taxpayer. This is the case whatever form these interactions take.
Certain tax allegations can be very impactful for small business owners. This includes allegations of trying to avoid taxes or allegations of owing a significant tax debt. Sometimes, such allegations lead to the Internal Revenue Service taking actions that could have major impacts on a person’s business. This includes tax seizures. When a tax seizure extends to the assets of a company a person owns, it could heavily impact their future ability to do business.