As an employer you are required to withhold income tax and self employment taxes and remit these taxes to the Internal Revenue Service via federal tax deposits.  The frequency of the deposits is dictated by your tax liability.  Typically, a deposit will be required to be made with every payroll, every month on or before...Read More

What is an IRS tax problem?  You may have seen or heard commercials regarding IRS tax problems, but what would constitute such a problem?  As a tax attorney I have witnessed many tax problems and the article and video below outlines and discusses these situations. IRS Tax Audits An IRS tax audit would certainly be...Read More

A tax attorney at The McGuire Law Firm can assist you with your IRS issues and questions.  Below is a list of some, but not all of the matters a tax attorney can help you with, and a video that discusses and/or provides one attorney’s idea as to what would constitute IRS tax help. IRS...Read More

As a tax attorney it is important to know and understand a taxpayer’s rights before the Internal Revenue Service, and I feel it is important for a taxpayer to know and understand their rights as well.  It is exciting and interesting to hear that the Internal Revenue Service has recently adopted a Taxpayer Bill of...Read More

The Statistics of Income bulletin can be interesting to read because the information compares certain tax related figures such as income, adjusted gross income, tax credits and other issues from tax year to tax year.  The article below discusses a few of the figures and statistics that have recently been released on the spring of...Read More

A tax attorney at The McGuire Law Firm can assist you if you receive a Notice of Deficiency (sometimes called a CP 2000)from the Internal Revenue Service. The video below has been prepared to provide general information regarding an IRS Notice of Deficiency.  Please contact our law firm with any questions.Read More

The video below discusses the annual gift tax exclusion.  If you have questions regarding gifting or the tax implications of gifting, please feel free to contact The McGuire Law Firm.   IRS Frequently Asked Gift Tax Questions  Read More

Form 1120S is the corporate income tax return form for S Corporations, whereby a corporation will state items of income, expenses and thus net income.  Further, a shareholder’s K1 will be attached to the 1120S.   Contact The McGuire Law Firm to schedule a free consultation with a Denver Tax Attorney!Read More

Many individuals have rental properties and will ask questions regarding the tax implications of such rental income.  In the video below a Denver tax lawyer  discusses general issues regarding rental income, including Schedule E, which is generally where rental income would be claimed.   You can contact The McGuire Law Firm to speak with a...Read More

Receiving a Letter 1058 from the Internal Revenue Service may be quite scary.  Letter 1058 is a Final Notice of Intent to Levy by the IRS.  This means that if you take no action, you are in jeopardy of the IRS levying your bank accounts, garnishing wages or third party monies owed to you and...Read More