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Top Reasons Taxpayers End Up in Court and How to Avoid Them

May 93 min read

Top Reasons Taxpayers End Up in Court and How to Avoid Them

Here, we delve into the common areas of the tax code that frequently end up in tax court, offering insights and best practices to help you..

97 views

Taxing Questions: What You Need to Know About Plaintiff Awards

TPSA

Feb 283 min read

Taxing Questions: What You Need to Know About Plaintiff Awards

In the wake of a legal victory, understanding the tax implications of your settlement or judgment can be a maze of complexity.

49 views

Safeguarding Your IRS Payments: Defending Against Check Washing Fraud

TPSA

Jan 33 min read

Safeguarding Your IRS Payments: Defending Against Check Washing Fraud

Check washing is a multi-step process criminals use to steal money from unsuspecting victims.

70 views

BREAKING: IRS Restarts Collection Notices But Adds Penalty Relief

TPSA

Jan 32 min read

BREAKING: IRS Restarts Collection Notices But Adds Penalty Relief

The Internal Revenue Service (IRS) has introduced new penalty relief for approximately 4.7 million entities that did not receive automated..

48 views

TPSA

Nov 9, 20235 min read

Innocent Spouse Tax Relief

If you are or were married and filed your federal tax return jointly with your spouse, and you were unaware of potential errors...

14 views

TPSA

Nov 9, 20233 min read

IRS Alters Audit Focus

The IRS recently announced they were capitalizing on the additional funding provided by the Inflation Reduction Act.

155 views

How Do You Qualify for Innocent Spouse Relief from IRS Tax Problems?

TPSA

Sep 7, 20231 min read

How Do You Qualify for Innocent Spouse Relief from IRS Tax Problems?

To qualify for innocent spouse relief, you must meet all three of the following conditions.

63 views

When Tax Issues Become a Criminal Situation in the Eyes of the IRS

TPSA

Jul 19, 20233 min read

When Tax Issues Become a Criminal Situation in the Eyes of the IRS

The Case With Criminal Charges and the IRS: What You Need to Know

64 views

6 Common Tax Mistakes that Can Land You in Trouble with the IRS

TPSA

Jun 22, 20233 min read

6 Common Tax Mistakes that Can Land You in Trouble with the IRS

You'd be hard-pressed to find someone willing to argue against the idea that taxes...

53 views

Haven't Filed Tax Returns for Multiple Years? Here's What You Need to Do Next

TPSA

Feb 23, 20234 min read

Haven't Filed Tax Returns for Multiple Years? Here's What You Need to Do Next

You'd be hard-pressed to find someone who enjoys filing taxes. It's something that you're supposed to do like clockwork every single year.

34 views

Florida Man Gets 23 Years For Running an $80 Million Ponzi Scheme, Filing False Tax Returns

TPSA

Jan 24, 20232 min read

Florida Man Gets 23 Years For Running an $80 Million Ponzi Scheme, Filing False Tax Returns

Michael J. DaCorta, a 57-year-old man from Sarasota, Florida, recently learned that the biggest downside of cheating the IRS and running.

27 views

The IRS Achieves a 90% Conviction Rate, or: "Why You Shouldn't Cheat on Your Taxes."

TPSA

Nov 25, 20223 min read

The IRS Achieves a 90% Conviction Rate, or: "Why You Shouldn't Cheat on Your Taxes."

An old saying reminds us that there are only two certainties in this life: "death and taxes." Whoever coined that phrase couldn't have...

42 views

What Do You Do If the IRS Wants to “Audit” Your Tax Return?

TPSA

Jul 18, 20224 min read

What Do You Do If the IRS Wants to “Audit” Your Tax Return?

The word "audit" tends to strike fear in the hearts of American taxpayers, but the truth is that not every audit is a result of a problem...

128 views

Owe the IRS Money? How Long Do They Have to Collect?

TPSA

Apr 19, 20224 min read

Owe the IRS Money? How Long Do They Have to Collect?

Have you ever wondered how long the IRS has to question and assess additional tax on your tax returns?

57 views

Can’t Pay Your Taxes? Here Are Some Payment Options

TPSA

Mar 23, 20224 min read

Can’t Pay Your Taxes? Here Are Some Payment Options

Although most American taxpayers (74% in 2020) receive a refund each year when they file their income tax returns, some end up owing for...

62 views

The 2022 IRS Interest Rate Hike Will Go Live April 1st

TPSA

Mar 23, 20221 min read

The 2022 IRS Interest Rate Hike Will Go Live April 1st

If you are required to pay quarterly estimated income tax, an upcoming change in interest rates being imposed by the IRS may directly...

149 views

TPSA

Feb 2, 20223 min read

What's Next for the Child Tax Credit?

If your family received advance child tax credit funds, you are not alone in wondering what will come next from Congress for 2022...

23 views

Did You Get a Letter from the IRS? Don’t Panic.

TPSA

Jun 29, 20213 min read

Did You Get a Letter from the IRS? Don’t Panic.

Now that most tax refunds are deposited directly into taxpayers' bank accounts, the dream of opening your mailbox and finding an IRS refund

23 views

Don’t Lose Your Passport Because of Unpaid Federal Debt

TPSA

May 20, 20213 min read

Don’t Lose Your Passport Because of Unpaid Federal Debt

The IRS has begun issuing notice CP508C to taxpayers with “seriously delinquent” tax debt and the service has resumed its program of notifyi

16 views0 comments

President Biden’s American Families Plan Would Give IRS Authority to Regulate Tax Preparers

TPSA

May 18, 20215 min read

President Biden’s American Families Plan Would Give IRS Authority to Regulate Tax Preparers

When President Joseph R. Biden announced his $1.8 trillion American Families Plan to a joint session of Congress, most of the attention went

312 views0 comments

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