Say you are convicted of a tax crime and the criminal judge finds that your conduct has not risen to the level of tax fraud. Should a civil court later say that this same conduct does in fact rise to …..
One way to avoid a tax evasion conviction is to show that the underlying tax is not owed. The recent United States v. Kayser case provides a slightly different twist on this defense. The court sets out the following facts: …..
Many taxpayers do not understand the implications of operating a business as a LLC when it comes to payroll tax liabilities. Apparently even some accounting firms do not fully understand this concept. The recent McNamee v. Dept. of Treasury case …..
Sometimes it is the simple transactions that are overlooked. In the typical real estate sale, a person selling a piece of real estate will generally agree to pay a commission to their real estate agent. The real estate agent will …..
Taxpayers often ask the government and the courts to overlook failure to comply with legal technicalities by making doctrine of substantial compliance arguments. The doctrine of substantial compliance is a legal theory that essentially says that one party should not …..
2007 Tax Planning Figures There are a number of key figures that taxpayers must know in order to calculate their 2007 federal income tax liabilities. Here is a list of a few such figures: Income Tax Rates. Married Filing Jointly: Over …..
In CCM 20072015, the IRS Office of Chief Counsel reminds taxpayers that they need to specifically designate how payments made to the IRS are to be applied- or else the IRS will decide how to apply taxpayer payments. The IRS …..