The October 16, 2023, tax filing deadline is just around the corner, and you need to understand what this means, especially if you have unfiled taxes. The Internal Revenue Service (IRS) has issued a reminder…
If you’ve missed the tax filing deadline 2025, you’re likely feeling a mix of stress and uncertainty. Whether you’re expecting a refund or owe money to the IRS, unfiled taxes can lead to complications. This…
By Kelly Hanley, Esq. IRS EITC, CDCC, and Identity Theft The Treasury Inspector General for Tax Administration (TIGTA) recently released a report on the IRS’s efforts to ensure that claims for the expanded Child and…
Accounting methods are paramount when calculating income and expenses for taxation purposes. One such method is the Mark-to-Market (MTM) method, as explained in ยง475(f)(1) of the Internal Revenue Code (IRC). In this blog post, we…
The IRS Offer in Compromise (OIC) program allows qualifying taxpayers to settle their tax debts for less than the full amount owed, providing a path toward financial freedom. Yet, the process to get there is…
by Kelly Hanley, Esq. Federal Tax Lien Withdrawal Definition A “tax lien withdrawal” clears the public Notice of Federal Tax Lien, eliminating the IRS’s competition with other creditors for your assets. However, recent Tax Court…
by Kelly Hanley, Esq. The world of tax law isn’t one that’s typically associated with high drama and suspense. However, the recent case of Sanders v. Commissioner, 160 TC No. 16 (June 20, 2023) injects…
By Kelly Hanley, Esq., Tax Attorney As a seasoned tax attorney with over 20 years of hands-on experience, I can say with confidence that understanding when to hire a tax attorney is an essential aspect…
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…
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…