Table of Contents1 Colorado Department of Labor Audit on Worker Classification1.1 Who Does the Colorado Department of Labor Audit?1.2 What is the Audit Process with the Colorado Department of Labor?1.3 What Documents Are Requested by the CO DOL?1.4 What is the CO DOL Focusing on in a Classification Audit?1.5 How Are Parties Chosen for Audit […]
Table of Contents1 Levies By the Internal Revenue Service1.1 What is a Levy?1.1.1 When Can the IRS Legally Levy?1.1.2 What Are Common Levies Issued by the IRS?1.1.3 How Does The IRS Issue a Bank Levy?1.1.4 How is a Bank Levy by the IRS Processed?1.1.5 Can the Bank Release Funds from the Levy?1.1.6 How Does the […]
Table of Contents1 IRS 941 Trust Fund Investigation1.0.1 What is the 941 Trust Fund?1.0.2 When is the Trust Fund Investigation Conducted by the IRS?1.0.3 What Does the Trust Fund Investigation Consist Of?1.0.4 What is the 4180 Interview?1.0.5 What are Common Documents Requested or Obtained by the IRS During the Investigation?1.0.6 What Happens After the IRS […]
Table of Contents1 IRS Nominee Tax Lien1.1 What is an IRS Nominee Tax Lien?1.2 What is the Purpose of a Nominee Tax Lien?1.3 What Assets or Property Can a Nominee Lien Attach To?1.4 Can the Nominee Request a Collection Due Process Hearing (CDP)?1.5 What Elements or Facts Does the IRS Look for When Filing a […]
Table of Contents1 Introduction: FBAR Audits2 Does the IRS audit people or entities for their Report of Foreign Bank and Financial Accounts (FBAR) Form 114 compliance?3 How does the IRS determine who they will audit for FBAR compliance?4 What happens when the IRS audits a taxpayer for FBAR compliance?4.1 IRS Initial contact:4.2 Appointing a representative […]
Table of Contents1 Facts of the Case2 Quick Background on Summary Judgment3 FBAR Penalties4 The Application of Willfulness in the Kurotaki Case Although, the current status of the Kurotaki v. The United States of America case stands with the US District Court for the District of Hawaii determination on the government’s motion for summary judgment, […]
Table of Contents1 2 IRS Notice LT 11: Intent to Levy3 What is Notice LT 11?3.1 What Does the Notice LT 11 Mean?3.2 Who Issues the LT 11 or How is the LT 11 Issued by the IRS?3.3 Can an LT 11 Be Issued to Both an Individual or Business?4 What Should I Do If […]
Table of Contents1 Offer in Compromise with IRS: How To Best Settle a Tax Debt1.1 What is the IRS Offer in Compromise Formula or What is the IRS Offer in Compromise Equation?2 Equity in Assets as it Applies to the Offer in Compromise Formula2.1 Offer In Compromise Formula for Disposable Income2.2 Running the Numbers: Example […]
Under certain circumstances and upon the Internal Revenue Service issuing certain collection notices, you have the right to request a Collection Due Process Hearing.
Table of Contents1 Comprehensive Review of an IRS Final Notice of Intent to Levy1.1 What is a Final Notice of Intent to Levy?1.2 When and How is a Final Notice of Intent to Levy Issued by the IRS?1.3 What is a Levy Under the Context of a Final Notice of Intent to Levy?1.4 What can […]