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What Changes With the New Taxpayer First Act?

The Taxpayer First Act of 2019 is redesigning how the IRS works with taxpayers, even though it may take a while for many of the provisions to take effect. Some experts have highlighted the following aspects of the bill as especially important: An independent appeals...

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Tax Court Denies Equitable Relief to Joint Filer

As far as federal income taxes go, it’s usually “until death do us part” for joint filers, but a recent Tax Court case ruled otherwise. There are times when the tax law provides a way out for one spouse or the other, as in Brooks, TC Memo 2019-5, 3/18/19, where a...

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How do i get back on track with the IRS?

The best time to resolve your tax debt is the week before you win the lottery, when you have no assets and your income barely meets your necessary living expenses. If you have no assets, no money in the bank and you are living paycheck to paycheck … that’s the time to...

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