Hiring An IRS Tax Lawyer to Abate A Tax Penalty
Tax penalties present taxpayers with unique issues to consider. Wilson v. Commissioner, T.C. Summary Opinion 2008-91, describes the situation where a tax attorney represents a taxpayer with a tax...
View ArticleHiring A Tax Attorney to Abate A Tax Penalty
Tax penalties present taxpayers with unique issues to consider. Wilson v. Commissioner, T.C. Summary Opinion 2008-91, describes the situation where a tax attorney represents a taxpayer with a tax...
View ArticleSovereign sues IRS over tax penalties
Sovereign Bancorp Inc. is suing the IRS to recover $235.2 million in taxes and penalties it says it was “erroneously and illegally’’ required to pay on a loan arrangement with Barclays Bank of England,...
View ArticleTax Penalties and the Health-Care Bill
Two tax provisions in the health-care bill voted on by the House Ways and Means Committee earlier this summer have gained significant attention. One would impose a surtax on high-income earners. The...
View ArticleWhat is IRS Wage Garnishment?
What is IRS Wage Garnishment? IRS wage garnishment occurs when you owe taxes and the IRS is no longer willing to wait to collect them. The IRS will deduct the taxes you owe from your paycheck, usually...
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