Tax Return Preparers, Crimes, and Penalties

with thanks to Elizabeth E. Prehn, Law Clerk The Internal Revenue Service and lawmakers across the nation have introduced a bill to Congress to Increase Tax Preparer Penalties. While this bill, introduced as the Fighting Tax Fraud Act, is aimed at blatant schemes by tax preparers to defraud taxpayers, it...

Aggressive, Accessible, and Experienced Tax Attorneys

Welcome to the Moskowitz, LLP. Our Tax Attorneys have over three decades of experience representing clients (individuals, small businesses, corporations, municipalities, multi-million dollar businesses, trusts, estates, and other entities and organizations) with their tax matters. We are committed to obtaining results for our clients with skilled, calculated legal representation and...

TAXABILITY OF SETTLEMENTS IN EMPLOYMENT DISCRIMINATION CASES

Proceeds from a settlement involving an employment-related discrimination case may be taxable to the employee under some circumstances and not taxable in others.  Non-taxable settlement amounts: Medical expenses associated with medical distress; Emotional distress, pain or suffering resulting from a physical injury; Personal injury or sickness; and Legal costs associated...