Articles

Good News for Taxpayers Who Owe Less Than $100,000!

Friday, October 14th, 2016

The IRS recently announced it will test an expansion of its Streamlined Installment Agreement Program for Taxpayers who owe less than $100,000. In all Streamlined Installment Agreements, the dollar threshold is based on the “Unpaid Balance of Assessments,” which often may be less than the amount the Taxpayer actually owes. For example, when a Taxpayer […]

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The Dangers of Online Estate Planning

Tuesday, September 20th, 2016

Today, the world-wide-library puts information at our fingertips in a moment.  Access to an unlimited amount of information is quite alluring.  When it comes to Estate planning, several web services claim that consumers can complete a will or a trust online in minutes.  Are these claims correct and what happens when problems arise? Online Estate […]

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Beware of IRS Impersonators

Monday, August 22nd, 2016

Beware of IRS Impersonators A lot of honest taxpayers are being robbed by tricky IRS impersonation scams. These people are not real IRS employees, just thieves. If you are contacted by someone claiming to be an IRS employee, here are a few things to keep in mind: If you receive an automated message or a […]

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What is a Hobby Loss?

Tuesday, January 26th, 2016

The IRS frequently disallows deductions for activities it believes are “not engaged in for profit.” “Hobby Losses”, as the IRS calls them, often involve expenses for horse or dog breeding activities, small scale farming, small livestock operations, airplanes, etc. Because these businesses often grow out of hobbies, they tend to be started without adequate business […]

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IRS Admits to Using Secret Cellphone Tracking Systems

Friday, October 30th, 2015

As reported by the Washington Times, Internal Revenue Service Commissioner John Koskinen admitted this week that the agency uses secret cellphone tracking systems, known as cell-site simulators, or StingRays, to collect information about people they are investigating. This finding has sparked an inquiry by two top U.S. senators into the use of these tracking systems. […]

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What is Form BE-10 and Why You Should Care?

Tuesday, July 21st, 2015

If you owned stock or other interest in a foreign corporation or business, or real estate located outside the United States at any time during 2014, keep reading to learn how to avoid fines up to $25,000 and possible criminal sanctions. The tax attorneys at Anderson & Jahde recently came across a little-known reporting requirement: […]

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What to do when Confronted with Tax Fraud

Monday, July 13th, 2015

Tax Fraud is a very serious matter that can result in civil and criminal prosecutions, severe penalties, jail time and a felony record. There are, however, different degrees and types of tax fraud and not all tax fraud is criminal. When confronted with potential tax fraud problems it is best to consult with a tax […]

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Two Common Tax Myths and Mistakes Made by Taxpayers

Friday, May 1st, 2015

If you have legal questions about your taxes, or you have received a notice from the IRS and don’t know where to turn, the experienced tax attorneys at Anderson & Jahde, P.C. are here to help. In our new series of articles, our team of tax lawyers have outlined and debunked some of the most […]

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Taxpayer Rights Can Be Hidden in the Fine Print

Tuesday, February 24th, 2015

Taxpayers have critically important legal rights about which the IRS is required to give clear notice to the taxpayer. In some instances, the IRS has started to place the key language required in these notices in less than prominent locations in taxpayer letters, and, in some instances, this important language is in what appears to […]

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