by James Wade | Jun 30, 2017 | Divorce, Income Taxes, Innocent Spouse Relief, IRS
Getting Divorced? What You Need to Know About Your Unpaid Tax Liabilities. Getting divorced is unpleasant, even in the best of situations, and nothing can make it more unpleasant than when issues from the marriage continue to haunt the former couple after the marriage...
by James Wade | Apr 7, 2017 | Income Taxes, IRS, Tax Evasion
When I first started preparing tax returns in the late 90’s, foreign account reporting was not really a concern. Rarely was there a need to check yes to the question on Schedule B (Interest and Dividend Income) of Form 1040, to indicate the taxpayer had an...
by James Wade | Mar 27, 2017 | Fraud & Scams, Tax Fraud, Taxpayers
Identity theft and tax refunds are big business for fraudsters. To give you an idea of the scope of this problem, in 2015, from January through November, the IRS rejected or suspended the processing of 4.8 million suspicious returns – the refunds claimed on...
by James Wade | Feb 27, 2017 | Uncategorized
When dealing the the U.S. Government, you have rights such as the right against unreasonable search and seizure and the right to free speech as guaranteed by the Bill of Rights. Dealing with the IRS is no different but in addition to the rights guaranteed to you by...
by James Wade | Feb 13, 2017 | Income Taxes, Taxpayers
If you owe money to the IRS, you face possible seizure of your assets such as wage garnishment or a bank levy. In some rare cases, the IRS can even foreclose on your home. This post is intended to give you some basic knowledge of what an IRS levy is and what you can...
