Archives for February 2009

Bernie Madoff NOL Rules Proposed by House

Bernie Madoff NOL Rules Proposed by House

Paul Caron reports that there are two pending bills in the House of Representatives that would extend the carryback period for investors who were bilked by Bernie Madoff. The bills would extend the carryback periods from…

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Fix Your IRS Problems and Improve Your Health

Fix Your IRS Problems and Improve Your Health

For over 20 years we have represented hundreds of clients who have lived for a very long time in abject fear of the IRS. Most of these clients, after we got them back in good standing…

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Tax Court Update – February 2009 – IRS Abuse of Discretion and the Internal Revenue Manual

Tax Court Update – February 2009 – IRS Abuse of Discretion and the Internal Revenue Manual

Gregory H. Haubrich v. Commissioner of Internal Revenue – The taxpayer, Haubrich, filed a form 12153 Request for a Collection Hearing,  requesting, among other things, that the IRS enter into an Installment Agreement with him…

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The Best Way to Avoid a Tax Lien

The Best Way to Avoid a Tax Lien

If you owe the IRS money and you don’t pay it in full, there is a high likelihood it will file a Notice of Federal Tax Lien against you. An IRS lien destroys your credit….

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The Best Way to Survive a Tax Audit

The Best Way to Survive a Tax Audit

An IRS audit is painful. Even if your return is 100% accurate and the IRS compliments you on your diligence and honesty, it will require a lot of your time and cause you a lot…

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