Tax Tales: Married Couples Filing Separate Taxes

In today’s age of technology we enjoy access to information at the push of a button. The latest advances in technology not only benefit us greatly, but also the government. After 9/11, the Patriot Act gave the government more access to financial institutions both domestic and foreign. Personal and business financial...

INTERNAL REVENUE CODE SECTION 7623: THE WHISTLEBLOWER STATUTE

Under the Internal Revenue Code, individuals acting as “whistleblowers” by reporting underpayment of taxes or violation of tax laws by another taxpayer may be awarded money from the amount collected by the government.  To be eligible for a section 7623 award, the disputed amount must exceed two million dollars, and...