By Kelly Hanley, Esq., Chicago Tax Attorney IRS Tax Notice Simplification: A New Era of Clearer Communication? The IRS, an agency often perceived with a mix of respect and trepidation, has embarked on a significant…
Will the IRS Issue Cryptocurrency Tax Regulations in 2024? By Kelly Hanley, Esq., Chicago Tax Attorney Cryptocurrency has become a hotbed of complexity and uncertainty in tax law. As the digital currency landscape evolves, so…
By Kelly Hanley, Esq., Chicago Tax Attorney Tax law is replete with complexities and nuances, a reality starkly illuminated in the recent case of Cortez v. IRS. This case offers lessons for taxpayers and underscores…
By Kelly Hanley, Esq., Chicago Tax Attorney As the agency responsible for executing Congress’s will, the Internal Revenue Service (IRS) often finds itself at the crossroads of legislative changes and administrative challenges. One such recent…
By Kelly Hanley, Esq., Chicago Tax Attorney As a Chicago tax attorney with 25 years’ experience, I can tell you that tax law is complex. Certain areas within tax law can be downright confusing. Innocent…
By Kelly Hanley, Esq., Chicago Tax Attorney In the opinion of this Chicago Tax Attorney, few cases capture the intricate dynamics of debt, equity, and the IRS’s stance as vividly as the ongoing legal battle…
By Kelly Hanley, Esq., Tax Attorney Introduction Dealing with tax issues can be challenging, especially when faced with a CP504 Notice from the Internal Revenue Service (IRS). This notice, formally titled “Notice of Intent to…
Divorce is a complicated process that affects various aspects of life, including your financial situation. One area that often gets overlooked is the impact of divorce on your taxes. If you’re already dealing with unfiled…
Audit. The word alone may strike fear into the hearts of taxpayers. However, understanding the ins and outs of the process, including the timeline, can significantly reduce anxiety and lead to a more favorable outcome….
Can You Settle with the IRS? Remember when we all thought it was impossible to put a man on the moon? Well, we did it. And now, I’m going to show you how settling with…