Understanding The Role Of An IRS Revenue Officer
How Do I Deal with an IRS Revenue Officer? By Kelly Hanley, Esq., Tax Attorney In the world of tax enforcement, few roles are as misunderstood as that of the IRS revenue officer. The recent…
The Beginner’s Guide to Business Tax Credits
By Kelly Hanley, Esq. As a tax attorney with over two decades of helping clients navigate the labyrinth of the Internal Revenue Service (IRS), I have observed how pivotal tax planning can be for the…
Understanding IRS Tax Filing
Navigating the labyrinthine rules of tax filing is a challenge, with postal delivery methods and timing often causing headaches. Through time, legal precedents have emerged, defining what is considered acceptable proof of tax filing when…
Clean Energy Tax Credits for Tribal Governments
The Inflation Reduction Act passed in August 2022 marked a significant turning point for American Indian tribes, as it established unprecedented access to clean energy tax credits and other tax incentives. This Act, also known…
What Is An IRS Notice of Deficiency?
By Kelly Hanley, Esq., Tax Attorney Navigating the complexities of tax law can be daunting, especially when faced with an IRS Notice of Deficiency. Whether you’re a novice taxpayer or a seasoned professional, it’s crucial…
Tax Consequences of Selling Your Home
By Kelly Hanley, Esq. (312-345-5440) Selling a house seems to summon a tornado of paperwork, logistics, and, yes, a whirlwind of tax implications. Just as you’ve relished in the joy of profiting from the sale…
Tax Court Petition Deadlines & Your Rights After Culp: Understanding the Shift
Tax Court Petition Deadlines & Your Rights After Culp: Understanding the Shift Decoding the IRS Notice of Deficiency and The Deadline Dilemma The world of taxes is complicated, yet imperative to navigate. Let’s delve into…
IRS and Gambling: W2-G Forms, Casino Winnings, and Deductible Losses
As a tax attorney with 20 years of experience, I’ve witnessed firsthand the intricacies and surprises associated with the IRS and gambling. When big wins occur, so do the taxes. And when the losses mount,…
Employee Retention Credit Scams: Safeguard Your Business From ERC Scam
Protecting the financial integrity of your business requires a comprehensive approach to security. In recent years, an alarming trend of ’employee retention scams’ has been observed, prompting businesses and tax-exempt groups to exercise extra caution…
Government Files Notice of Appeal in Landmark Tax Ruling Farhy v. Commissioner
The tax law arena experienced a substantial upheaval with the Farhy v Commissioner case (Farhy v. Comm’r of Internal Revenue, No. 10647-21L (U.S.T.C. Apr. 3, 2023)), deemed one of the most impactful tax procedure opinions…