A 23-year-old New York Yankees' fan probably wasn't thinking about the IRS when he retrieved the ball Derek Jeter hit to tally his 3,000th career hit. However, the tax repercussions the fan could face for gifts received upon returning the ball to the Yankee club have garnered some curiosity. In … [Read more...] about Derek Jeter’s 3,000th hit could create tax headache for fan
Dallas County commissioner accused of tax evasion
The same morning and around the same time that Dallas was inaugurating its new mayor, the federal government conducted a surprise raid. The FBI descended upon a Dallas County commissioner's Oak Cliff residence and Elm Street workplace in search of evidence of tax evasion and other crimes. A swarm … [Read more...] about Dallas County commissioner accused of tax evasion
Texas nonprofits take a hit from IRS
The tax-exempt status of more than 21,000 Texas nonprofit organizations has been dropped by the IRS. The federal taxing agency says it is cleaning house. Most of those to lose the tax status have failed to file required finance reports to the IRS. The Texas Association of Nonprofit Organizations … [Read more...] about Texas nonprofits take a hit from IRS
Beware of quick-fix tax debt relief firms
Owing back taxes to the IRS and looking for debt relief has driven many Texans to desperation. With a personal financial crisis like tax delinquency, it is easy to want to shift the problem to someone else, even if it means paying a debt relief firm to handle it. Any debt relief firm that … [Read more...] about Beware of quick-fix tax debt relief firms
Welcome to Our Dallas/Fort Worth Tax Law Blog
When your business is facing tax problems, an experienced and practical lawyer can be of great assistance and can look out for your rights. Texas' legal system can be confusing and intimidating, with a unique set of rules and a language of its own. An attorney who understands the law and the process … [Read more...] about Welcome to Our Dallas/Fort Worth Tax Law Blog