Many people know that an offer in compromise is a tax settlement with the Internal Revenue Service.  But, why does the Internal Revenue Service and our government allow for such a tax settlement?  In many respects, you could compare an offer in compromise to a bankruptcy.  Of course, in a bankruptcy you are likely discharging...Read More

What is stated or contained in a Notice of Federal Tax Lien?  What if there are errors stated in a Notice of Federal Tax Lien.  As a tax attorney, these are common questions that I am asked by clients, potential clients and other tax professionals, and rightfully so.  It is important to know and understand...Read More

When a partnership is formed the partners will generally contribute property to the partnership in the form of cash and/or property.  These contributions of property impact the partner’s basis and capital account in the partnership and thus may impact tax matters in the future.  A contribution of property will generally increase a partner’s capital account...Read More

What is an IRS tax lawyer?  I have the term IRS tax lawyer and thought I would draft an article and prepare a video to provide what I feel could constitute an IRS tax lawyer. First, an IRS tax lawyer could be a lawyer that works for the Internal Revenue Service.  This lawyer would likely...Read More

Previous articles posted from The McGuire Law Firm have discussed controlled entities and certain related party issues.  The article below has been prepared by a tax attorney at The McGuire Law Firm to discuss controlled partnership transactions. A controlled partnership is a partnership of which 50% (fifty percent) or more of the capital interest or...Read More

What is tax help or IRS tax help?  As a tax attorney I hear the term quite often and thus, thought I would provide information as to what I feel can be considered tax help.  Please read the article and view the video below, and of course, you can contact our law firm to speak...Read More

What is IRS Form 12153?  Form 12153 is used to request a Collection Due Process Hearing with the Internal Revenue Service.  If you owe taxes to the Internal Revenue Service, and the IRS issues a Final Notice of Intent to Levy, files a Notice of Federal Tax Lien or other circumstances exist, you may wish...Read More

Many individuals and businesses that owe taxes to the Internal Revenue Service will contact my office and ask, “how do I settle my IRS tax debt?”  While most people are aware that they can settle their tax debt with the IRS through an offer in compromise, they do not know what is needed to submit...Read More

A Limited Liability Company can decide whether to be manager managed or member managed.  When manager managed, one or more managers will make the pertinent business decisions for the LLC.  Having an LLC manager can have its advantages and disadvantages.  A Denver business attorney from The McGuire Law Firm has prepared the article and video...Read More

As a business attorney John McGuire works with small and medium sized businesses regarding their legal needs.  The article and video below are to help provide information regarding the services John provides to small businesses. John advises and provides services for small businesses regarding the following business issues: –          Choice of entity –          Overall entity...Read More