Staff Director for Homeland Security Tries to be Sneaky
Issac Avant, a former Congressional Staffer was sentenced to 4 months in prison and ordered to pay $149,962 restitution for failing to file an individual tax return from 2009 to 2013. Avant also had no federal income tax withheld, filing a form with his employer claiming he was exempt from federal income taxes. […]
Attorney-Client Privilege for Accountant: Kovel Letter
Attorney-client privilege affords taxpayers great relief when dealing with the IRS. Â Communications between a taxpayer and their attorney are privileged and are non-discoverable to the IRS or any other taxing agencies. Â Accountants however do not hold such a privilege. Â Statements, denouements or omissions given to your accountant (whether CPA or EA) are open to discovery; […]
What the IRS doesn’t want you to know
Giving too much information to the IRS can often cause more harm than good. Â We often speak with Taxpayers who just want to speak with the IRS one last time before retaining us to see whether they can work out a deal. Â After they cannot get a favorable or manageable negotiation they then come to […]