An IRS Notice CP 2000 is a Notice of Deficiency.  The notice is issued by the IRS when the IRS is proposing an additional assessment of tax.  The notice will state the items that the IRS is disagreeing with and how such change will impact (increase) your tax liability. For example, the IRS could state...Read More

John R. McGuire is a tax attorney in Denver, Colorado and the founder of The McGuire Law firm.  The McGuire Law Firm focuses primarily on tax law, IRS matters and business transactions for small to medium sized businesses.  As a tax attorney, Mr. McGuire assists clients with the following matters and issues:   –   ...Read More

As a tax attorney, I have worked with many individuals and businesses that owe taxes to the IRS and they always ask, how much can I settle my tax debt for?  A tax settlement, which is also called an offer in compromise with the IRS is an agreement whereby a taxpayer pays an amount to...Read More

If your business has a 941 employment tax debt (employment taxes) the IRS will likely conduct the 4180 Interview with individuals within the business.  The article and video below have been prepared by a Denver tax attorney at The McGuire Law Firm to provide additional information regarding the 4180 Interview.  You can speak with a...Read More

As you may or may not know, a partnership is a pass through entity whereby items of income, gain, loss, deduction or credit are passed through to the individual partners and reported on their 1040 individual income tax returns.  The article below has been drafted by a Denver tax attorney at The McGuire Law firm...Read More

Recently I have heard and seen many commercials relating to IRS back tax help.  So what exactly is back tax help?  As a tax attorney who has assisted many clients in resolving their IRS debts and IRS problems, I have drafted the article and prepared the video below in an attempt to provide an explanation...Read More

What is a substitute filed tax return?  As a tax attorney, I have seen the IRS and state taxing authorities file tax returns for taxpayers when the returns are not voluntarily filed.  The article and video below should provide some information regarding a substitute tax return. So you never filed a tax return, but yet...Read More

You owe taxes to the IRS and now the IRS has filed a tax lien, or what is called a Notice of Federal Tax Lien.  So what is a tax lien?  How will this lien impact you or your business?  The article and video below have been prepared by a tax attorney at The McGuire...Read More

What is IRS tax relief?  You may have heard this statement on the radio, tv or elsewhere but what do you think it means?  A tax attorney from the McGuire Law Firm has prepared the video below to provide what they feel constitutes IRS tax relief.  In short, such relief is likely to involve the...Read More

When you file your 1040 Individual Income Tax return, if you itemize your deductions, you file a Schedule A with your income tax return.  Generally, you will itemize your deductions if these deductions are greater than the standard deduction allowed.  Examples of itemized deductions would include: mortgage interest, real estate taxes, medical expenses (subject to...Read More