When people face tax disputes, they often find themselves involved in tax litigation. This process includes presenting evidence and arguments to support one's case regarding tax liabilities or disputes. A significant concept in these proceedings is the "burden of...
Taxation is an integral part of every working society, providing money for government programs and services. However, when tax-related issues arise, individuals or businesses may find themselves involved in legal proceedings. Criminal and civil tax litigation provide...
When facing a tax audit, you may feel overwhelmed and uncertain about your rights. It can seem as though the IRS is invading your privacy and searching for an excuse to raise a red flag. It is important to understand how to navigate this situation, especially if you...
The idea of a tax audit by the IRS can be daunting. It also brings up many questions. A common concern by many people is how far back the IRS can go when looking at past tax returns. Understanding the statute of limitations for tax audits can help you navigate your...
When you find yourself facing IRS debt collection, you might feel panicked and overwhelmed. Knowing how to communicate with the agent can make a significant difference in resolving the situation. With a few helpful tips on what you should and should not say, you can...
If you have just filed for divorce, or gone through a divorce recently, you may be wondering how this will affect your taxes in 2024. Taxes can indeed be daunting in normal times, and a divorce can change things considerably. Of course, it is important to address...
If you have just filed for divorce, or gone through a divorce recently, you may be wondering how this will affect your taxes in 2024. Taxes can indeed be daunting in normal times, and a divorce can change things considerably. Of course, it is important to address...
Running a small business comes with many challenges, including navigating complex tax laws and avoiding litigation. Unfortunately, small business owners often find themselves facing tax disputes and audits. There are a few common tax litigation issues small businesses...
In the realm of finance and taxation, transparency is necessary. Businesses operating in the United States must report their income and assets to the Internal Revenue Service, ensuring a fair contribution to the nation's financial well-being. However, some entities...
Receiving a notification of an IRS audit can be a nerve-wracking experience for anyone. However, it is important to keep a cool head and approach the situation with a clear strategy, avoiding certain pitfalls that could lead to extra hassle. 1. Ignoring the...