Tax Audit Law Posts from the Tax Lawyer Blog at Moskowitz LLP

The Essential List of Tax Preparation Issues for 2018

Posted on January 30, 2018January 28, 2021 by Moskowitz LLP Posted in Tax Planning & Compliance, Tax: Audits, Litigation & Collection

Tax season is here, and with it often comes at least some confusion and stress. The best way to combat the stress is with proper tax preparation. To reduce the chance of you arriving at your tax preparer's office or accountant’s office without some crucial document or information, we suggest...

Update on IRS Offshore Initiatives: Investigations and agreements with financial institutions worldwide

Posted on January 18, 2018February 14, 2019 by Moskowitz LLP Posted in International Taxation, Tax Planning & Compliance, Tax: Audits, Litigation & Collection

In our last post, we noted that the U.S. government goes to great lengths to identify and prosecute noncompliant taxpayers, as well as promoters and financial institutions who assist U.S. taxpayers avoid their tax obligations by hiding their offshore income and assets. Some recent plea agreements with large financial institutions...

Update on IRS Offshore Initiatives

Posted on January 16, 2018February 14, 2019 by Moskowitz LLP Posted in International Taxation, Tax Planning & Compliance, Tax: Audits, Litigation & Collection

Global tax issues are a top priority for the Internal Revenue Service Criminal Investigation Division (IRS-CI), which focuses its work on investigating taxpayers who willfully engage in tax evasion. Significant efforts are also being made to identify and take legal action against promoters and financial institutions who have assisted taxpayers...

Six Reasons to Get Your Tax Return Prepared Early

Posted on January 12, 2018February 14, 2019 by Moskowitz LLP Posted in Tax Planning & Compliance, Tax: Audits, Litigation & Collection

Don’t wait until April 17th to file your tax returns! The IRS begins accepting tax returns in January and we recommend filing as early as possible for numerous reasons, including but not limited to: 1. Faster Refund There is no reason to leave your tax refund in government hands any...

How Much Should You Give to a Charity: Or is There a Formula For Determining How Much You Should Give vs How Much You Can Afford

Posted on December 20, 2017April 1, 2022 by Steve Moskowitz Posted in Tax Planning & Compliance, Tax: Audits, Litigation & Collection

Other Posts in this Series Benefits of Making Charitable Donations When and Where are the Best Places to Donate? This answer is something that an attorney often says to a client: “it depends”. This is a highly personal decision that can encompass many factors. The personal and or religious beliefs...

California Wildfires: Tax tips, what you need to know

Posted on October 31, 2017February 14, 2019 by Moskowitz LLP Posted in Tax: Audits, Litigation & Collection, Tax Planning & Compliance

How do I calculate my disaster loss? Take the lesser of the adjusted basis of the property, or the decrease in fair market value due to the disaster, and subtract any insurance or other reimbursement you received or expect to receive. For example, if a home with an adjusted basis...

Tax Relief for Victims of Natural Disasters

Posted on October 18, 2017February 14, 2019 by Moskowitz LLP Posted in Tax: Audits, Litigation & Collection, Tax Planning & Compliance

See our last post on tax extensions recently granted to individuals, businesses, firefighters and relief workers in California Counties: Butte, Lake, Mendocino, Napa, Nevada, Sonoma and Yuba. Losing a loved one, a home, or a livelihood due to a natural disaster is among the worst things that can happen to...

Tax Extensions Available to Victims of California Wildfires

Posted on October 16, 2017February 14, 2019 by Moskowitz LLP Posted in Tax: Audits, Litigation & Collection, Tax Planning & Compliance

Earlier today, the IRS announced that victims of the California wildfires have been granted extensions to file certain individual and business tax returns. Tax filing extensions Most tax filings and payments due as of October 16, 2017 have been extended to January 31, 2018. This includes: Quarterly estimated tax payments...

Making an Effective (and Tax Deductible) Donation for Disaster Relief

Posted on September 4, 2017February 14, 2019 by Moskowitz LLP Posted in Tax: Audits, Litigation & Collection, Tax Planning & Compliance

Relief efforts are underway to assist victims of Hurricane Harvey and those affected by the catastrophic flooding in Texas and Louisiana. Many well-meaning Americans are making donations through a variety of organizations. Most of the donations will provide much-needed assistance, but a lot of it won’t. In this post, we...

“Money” Mayweather’s $22M Problem: The Importance of Tax Planning

Posted on September 2, 2017February 14, 2019 by Moskowitz LLP Posted in Tax: Audits, Litigation & Collection, Tax Planning & Compliance

Floyd "Money" Mayweather certainly lives up to his nickname – the undefeated boxer is expected to cash in as much as $350 million for his recent win against Irish UFC fighter Conor McGregor. There is also no doubt that the IRS was watching the 10-round Las Vegas match. The federal...

Tax Resources

Category: Tax: Audits, Litigation & Collection