Entries by Tax Attorney

Your CPA who prepared your tax return which has now been selected for audit, wants to represent you – why should you decline his offer and hire a tax attorney?

We hear this question all the time. CPA’s prepare tax returns and there are a lot of CPA’s and other tax professionals who are great in preparing tax returns.  A taxpayer will provide them with information and tax documents and a return will be generated for filing with the IRS.  This process I refer to […]

Should you follow the instructions of an IRS Revenue Officer assigned to your case who says you do not need representation?

Unfortunately, this is a trap that so many taxpayers full into. Revenue Officers are by definition “Collection Officers” for the IRS. Revenue Officers are assigned to accounts to collect back taxes. The Revenue Officer is working for the government’s best interest to collect the taxes that are owed as quickly as possible and to have […]

Taxpayer Reporting Requirements for Foreign Real Estate

Many U.S. taxpayers do not realize that they must report their worldwide income, regardless of whether they are living in the U.S. or abroad.  If you are a U.S. Citizen or resident alien, you must report your worldwide income from whatever source, subject to the same income tax filing requirements that apply to U.S. Citizens […]

Should your really believe those companies that advertise that they can settle your IRS debt for pennies on the dollar?

Through my years in this profession, that is a commonly asked or thought-about question. We call these companies “Offer Mills”.  These companies which have no track record or history come in and out rather quickly and are never associated with any individual willing to put his or her name to the company and what the […]

If you have tax problems, why should you hire a tax attorney instead of calling IRS on your own?

Through my years in this profession, that is one of the most commonly asked or thought about questions. Usually a taxpayer’s attention to his or her tax problems stems from a notice generated by some department of the IRS (which may look extremely intimidating) demanding that the taxpayer immediately contact either the Revenue Officer or […]

Taxpayer Scores $862,000 from IRS after Tripping over a Phone Cord

A taxpayer who met with a Revenue Officer at an Internal Revenue Service office on Long Island successfully sued the IRS for $862,000 after he was injured by tripping over a phone cord. William Berroyer claimed in his lawsuit that he could no longer play golf or have intimate relations with his wife more than […]

Foreign Trusts – Filing Requirements

All U.S. taxpayers who have an interest in, or signatory or other authority over foreign trust accounts must file FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR), if the aggregate value of the foreign trust accounts exceeds $10,000 at any time during the calendar year.  As of October 1, 2013 the FBAR […]