Tax Attorney’s Assistance in Personal Injury Case

If you have a personal injury case, it is important to obtain the services of a tax attorney in addition to your personal injury attorney. A tax attorney will assist your personal injury attorney in crafting a complaint and/or settlement to your tax advantage. For instance, allowing you to deduct...

IRS Dishes out $4.5 Million Whistleblower Award to CPA

Last week, the IRS awarded a check for $3.24 million to a small-town CPA as payment under the tax whistleblower program. The check represents an award of $4.5 million with about 28 percent withheld for taxes. While the whistleblower remains unidentified, his attorney Eric L. Young, from the law firm...

U.S. Department of Justice and the Internal Revenue Service Expand Collection Efforts Internationally

As individuals and companies take advantage of international tax benefits or previously undetected avenues of sheltering money from taxes and creditors, the Internal Revenue Service (IRS) is now concentrating more of its efforts on overseas tax compliance and collection. IRS Commissioner Douglas H. Shulman called global tax administration efforts a...

Collection News: The Internal Revenue Announces Changes to its Collection Program

On February 24, 2011, the IRS issued a press release announcing the steps it is taking to make its collection program to help individuals and businesses meet their tax obligations without adding an unnecessary tax burden to taxpayers.  IRS Commissioner Doug Shulman stated, "these steps are in the best interest...

Legal Analyst Steve Moskowitz Keeps News on Barry Bonds In Perspective

Other Posts in this Series Courts Determine Public Access in Bonds Case Legal Analyst Steve Moskowitz Will Report on the Bonds Trial Opening Statements Given at Barry Bonds Trial The Barry Bonds Trial, A Recap of Week Two The Barry Bonds Trial, Before the Closing Arguments and Jury Deliberations The...

History of the Internal Revenue Service’s Voluntary Disclosure Program

This is a two-part blog post on the evolution of IRS voluntary disclosure programs.  The first post traces these programs from their inception through the 1990's.  The second post discusses the programs beginning in 2000 and carrying through to the present day. Overview Since the Justice Department sued UBS in...