Other Tax Issues
If you fail to adequately respond to the IRS’ letters or fail to amend improperly filed virtual currency earnings, it is likely that the IRS will initiate an audit.
You will need to utilize several tax forms to properly report your virtual currency earnings. Learn which ones you'll need in this blog.
Read to know the advantages and the disadvantages of filing for a bankruptcy and the meaning of automatic stay.
Since the cannabis industry is a high-impact compliance area, it is highly likely that the IRS will want to conduct the audit in person, especially given the IRS’ interest in the cash portions of the business.
Sometimes, even low cost legal representation costs too much and you need free taxpayer assistance. This article explains where and how to get it.
The IRS taxpayer advocate is a separate IRS division charged with representing taxpayers in their disputes before the Service. Click here to read more.
The IRS taxpayer advocate is a separate division of the IRS that acts as a third party to help taxpayers resolve their issues with the Service. Read more.
This article answers the important question of who qualifies for free legal aid and how legal aid can be obtained. I encourage you to read more about this.
IRS legal aid may be available to you if you meet certain types of criteria. I would encourage you to read this post if you feel that you may qualify.
IRS attorneys can be helpful on a variety of matters and issues. This article covers more circumstances where I feel hiring tax counsel is appropriate
The decision to retain an IRS attorney is often a difficult one. IRS attorneys bring experience and guidance to a matter, but there are also cost concerns.
The Division handles issues surrounding small businesses in the United States and self-employed individual tax issues.