Can IRS’ Unauthorized Disclosure Trigger Punitive Damages?

We all make mistakes. It happens. This includes inadvertent disclosure of confidential information. There is a remedy when a private party that makes an unauthorized disclosure. The aggrieved party can simply bring suit. There are basically no restrictions on the amount of damages that are available and when one qualifies for damages. The rules are… Continue reading Can IRS’ Unauthorized Disclosure Trigger Punitive Damages?

No Unlimited Time Limit for IRS Withholding Tax

There are jobs that are difficult to find employees to perform. This is particularly true for lower-paid jobs that require physical labor. This includes construction and maintenance jobs, such as painters, law care jobs, etc. It also includes some entry-level jobs in restaurants. Businesses in these industries often have to supplement their workforce with illegal… Continue reading No Unlimited Time Limit for IRS Withholding Tax

Bookkeeper Liable for Trust Fund Recovery Penalty

IRS employees are tasked with making decisions. These decisions dictate who owes taxes and penalties and who does not. These decisions are usually made in the context of well trodden areas and by employees who make the same type of decisions over and over. This is due to the volume of disputes that are created… Continue reading Bookkeeper Liable for Trust Fund Recovery Penalty

Saving Taxes: The Cooperative But Innocent Spouse

Innocent spouse relief can provide an excellent remedy to allocate taxes between spouses. While the innocent spouse rules are not all that complex, the application of the rules can be. Part of the complexity comes from the varying motives of the parties. Spouses and former spouses can have a number of different motives for requesting… Continue reading Saving Taxes: The Cooperative But Innocent Spouse

IRS Documentation for Travel Expenses

Business travel expenses are deductible. These are expenses for business trips and work trips, such as car and truck expenses, airfare and hotels and lodging. It can also include travel meals. Those looking to deduct business trip expenses are running a risk as the IRS frequently disallows these expenses on audit. It does so even… Continue reading IRS Documentation for Travel Expenses

Does Nominee Tax Liability Extend to Employees?

There is a large segment of our population that owe back taxes to the IRS. Whether you know of their situation, chances are good that you know someone who owes back taxes. Chances are good that you have unwittingly transacted business with an individual or business that owes back taxes. You may have even worked… Continue reading Does Nominee Tax Liability Extend to Employees?

IRS Collection Hearings: How Thorough Does the IRS Have to Be?

IRS collection hearings are one of the procedural safeguards Congress created to prevent the IRS from taking certain actions without first confirming that they have followed the law. These safeguards are needed as the IRS works a lot of cases and the volume can result in the IRS not following the law. The IRS also… Continue reading IRS Collection Hearings: How Thorough Does the IRS Have to Be?