Colorado Department of Labor Audit on Worker Classification When an individual or business provides services to another business, they must be classified as an employee or independent contractor. The Colorado Department of Labor does conduct audits to determine whether a business is properly classifying their workers. This article has been prepared by a Denver tax […]
Levies By the Internal Revenue Service Many people consider the IRS to be the largest and most powerful creditor in the world and they may be right. That being said, many people are unaware as to how and when the IRS goes about collecting from a taxpayer when taxes are due. This article has been […]
IRS 941 Trust Fund Investigation When a business owes payroll taxes to the Internal Revenue Service the liability or exposure goes beyond the business owing the payroll taxes. When employment taxes are owed to the IRS, the IRS can personally assess individuals from within the business a portion of the employment taxes known as the […]
IRS Nominee Tax Lien This article will discuss a tool that the IRS has to collect taxes from a Delinquent Taxpayer. The IRS’ nominee tax lien is a tactic used by the IRS to protect its interest in a property owned by a person who owes taxes to the government. If you have questions about […]
Introduction: FBAR Audits This article will discuss the reasons why the IRS may conduct an FBAR audit and will give an overview of the audit process. If you are a US taxpayer and you have any accounts in foreign countries, you need to be aware of the requirements for filing the FBAR. If you are […]
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, the Kurotaki case is an interesting analysis of willfulness and other standards relating to the failure to file an FBAR. This article […]
IRS Notice LT 11: Intent to Levy If you owe taxes to the Internal Revenue Service you have likely received many notices. While some notices issued by the IRS may be more benign in nature, certain notices issued by the IRS require immediate attention. One such notice that should require immediate attention is the notice […]
Offer in Compromise with IRS: How To Best Settle a Tax Debt One of the best options to resolve a tax debt with the IRS is what is called IRS Offer in Compromise. As tax attorneys, we have years of experience submitting offers in compromise to the IRS and this article will provide insight as […]
Under certain circumstances and upon the Internal Revenue Service issuing certain collection notices, you have the right to request a Collection Due Process Hearing.
Comprehensive Review of an IRS Final Notice of Intent to Levy Receiving any notice from the Internal Revenue Service is enough to make most people’s heartskip a beat. However, one notice in particular that is issued by the Internal Revenue Service, theFinal Notice of Intent to Levy may strike the most fear and concern in […]