Again, from Paul Caron: IRS to Wage ‘Full Court Press’ Against Homes, Retirement Accounts for Back Taxes Washington Examiner, Obama’s IRS to Initiate Full Court Press, Warn Tax Law Experts: As 2012 approaches, tax attorneys are sounding the alarm: The IRS will squeeze every cent it can and “it will be nastier than ever.” The [...]
Tags: IRS Installment Agreements · IRS Liens and Levies · IRS procedure · Tax Collections
Paul Caron discusses Danshera Cords’ Brandeis Law Review article Lien on Me: Virtual Debtors Prisons, The Practical Effects of Tax Liens and Proposals for Reform, 49 Brandeis L.J. 341 (2011): This Article discusses the harm that a notice of federal tax lien can cause an individual as a result of the effect of filing a notice of [...]
Tags: IRS Liens and Levies · IRS procedure · Taxpayer Rights
WebCPA reports that the IRS has filed a $34,662 tax lien against former child star Corey Feldman’s company: The lien was filed in Los Angeles against Corey Feldman Inc., according to the Detroit News. Feldman, 40, starred in several hit movies in the 1980s, including “The Lost Boys” and “License to Drive,” with the late actor [...]
Tags: IRS Liens and Levies · News · Tax Collections
You remember Cindy Sheehan, don’t you? She is the proud soldier’s mother who remained silent about President Bush and the Iraq war as long as it was the sons of other mothers who died in battle, but then, when her own son died in battle, immediately began a public campaign opposing the war and calling President Bush a war criminal and a murderer.¹ [...]
Tags: IRS Liens and Levies · News · Politics · Politics of Taxes · Tax Collections · Tax Crimes
WebCPA tells us that the IRS has filed a tax lien against singer R. Kelly for $837,442.59: The IRS filed the tax lien against the Grammy-winning R&B singer-songwriter in January 2010, according to the Detroit News. Last month, however, the IRS lifted an earlier tax lien for $1,036,858. Bookmark & Share:
Tags: IRS Liens and Levies · News
WebCPA reports that an estimated 32,552 taxpayers may have been harmed because the IRS did not follow legal requirements to notify them and their representatives of their rights related to tax liens in a timely fashion, according to a new government report (emphasis is mine): The report, from the Treasury Inspector General for Tax Administration, found [...]
Tags: IRS Liens and Levies · IRS procedure
The Treasury Inspector General for Tax Administration (TIGTA) reports what tax practitioners have known for years (emphasis is mine): After filing Notices of Federal Tax Lien, the Internal Revenue Service (IRS) must notify the affected taxpayers in writing, at their last known address, within five business days of the lien filings. However, as noted in previous [...]
Tags: IRS Liens and Levies · IRS procedure
