Starting in January 2018, the IRS is toughening up on taxpayers who are ‘seriously delinquent’ on tax debt by implementing new procedures that will put their passport in jeopardy. The IRS is notifying the U.S. State Department of these delinquent tax debts so that the State Department will deny the … [Read more...] about Pay Your Taxes or You May Be Grounded
If you have unfiled tax returns as an individual or married couple, or on behalf of your business, you are not alone. Many people choose not to file their federal returns for a variety of reasons, some forget to do so and some do not understand the requirements. Talk to a tax lawyer right away You … [Read more...] about Seek legal guidance if you did not file tax returns in the past
The IRS generally allows payment plan/installment agreement arrangements for taxpayers who've fallen behind on tax payments and are making a good faith effort to get things "square." As long as the negotiations are made in good faith and terms are reasonable (the taxpayer remains in contact with the … [Read more...] about The intersection of payment plan proposals and good faith
Here at the Law Office of Stanton D. Goldberg, we advise small business owners and entrepreneurs in the greater Dallas area about their federal and state tax obligations, including those concerning payroll tax withholding. We have posted here about the Trust Fund Recovery Penalty that the IRS may … [Read more...] about Who is a responsible person for IRS payroll tax obligations?
Popular crowdsourcing websites and applications like KickStarter, GoFundMe and others have become more widely used for a variety of fundraising needs. There have been funds established for medical bills, funeral expenses, business development and product development/invention. There was even a … [Read more...] about Raising funds through crowdsourcing? There are tax implications.
As dogged as the IRS can be when it comes to collecting taxes owed by individuals and business owners across the country, even they understand that sometimes circumstances can prohibit someone from meeting the April tax filing deadline. In such situations, it is possible to apply for an extension … [Read more...] about Running behind? Don’t forget to ask the IRS for a tax extension.