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...
Tax fraud carries significant legal and financial consequences, yet numerous misconceptions surround this offense. These misunderstandings can lead to potential trouble and non-compliance with tax laws. This article aims to debunk common misconceptions about tax...
Facing criminal tax charges can be an overwhelming experience that can have serious consequences. If you are being investigated for tax fraud or evasion, it is essential to understand the charges against you and to take steps to defend yourself. This article will...
When the IRS believes that you owe money, they will begin the process of collection which can cause many issues for you. Understanding the wide net that the IRS can cast when collecting taxes can make it easier for you to predict how your life will end up impacted by...
The Internal Revenue Service recently unveiled its plans to enhance customer service and increase the number of audits targeting wealthy taxpayers. These new initiatives aim to address longstanding concerns about the agency's ability to provide timely assistance to...