Understanding your rights as a taxpayer is important. The Taxpayers Bill of Rights establishes the rules and expectations to ensure fair, transparent tax collection. Many taxpayers are unfamiliar with their rights, which can lead to complications and costly mistakes....
New York, like every other state, requires residents and businesses to pay state taxes accurately and on time. But what happens if you make unintentional mistakes on your tax return? Is it possible you are unknowingly engaging in tax fraud? Tax fraud involves the...
Serious tax law matters are often complex, and their resolution tends to involve large private and public bureaucracies. Because of this, certain processes can seem to result in paradoxes or inescapable situations. One example that is frustrating for many taxpayers is...
Even if you have good reason to believe the IRS requires you to pay more than you should, evading your responsibilities can have costly repercussions because it is against the law. Your understanding of why this practice could have consequences may give you the...
When you get a state tax bill, you want to pay it on time to avoid any penalty fees. However, when you do not pay your tax bills on time, New York's Department of Taxation and Finance will contact you before beginning the collection process. Here is what you need to...
Most of the time, tax issues are something you can resolve without litigation. However, some situations will require going to court. The matter will go to the United States Tax Court. You must show up once your case is on the schedule for a trial. Not showing up could...
Many criminal offenses have a statute of limitations for how long law enforcement can wait before charging a person with a violation. This principle is to ensure that potential convictions come from evidence that has not deteriorated with time. The failure to pay back...
Every month, the state of New York publishes a notice listing people who are delinquent in paying their taxes and have a tax warrant. The list includes anyone with a warrant filed in the previous 12 months. The state files warrants when someone falls behind on paying...
Discovering that you have unpaid taxes can evoke a sense of dread. Fear, confusion and a sense of panic can swiftly set in. However, it is vital to remain calm and composed. There are many taxpayers who end up owing back taxes, and there are steps you can take to...
Tax season brings with it a multitude of questions and considerations, including whether you can claim your adult children as dependents on your tax return. While claiming dependents is a common practice for many taxpayers, the rules surrounding adult children can be...