Manny Pacquiao vs. the IRS
While Manny Pacquiao has won the boxing world championship in eight distinct classes, his fight with the Philippine and United States tax men is sure to be his most challenging yet. The Philippine...
View ArticleInternal Revenue Service Helps Taxpayers By Raising The Notice of Federal Tax...
A Notice of Federal Tax Lien (NFTL) can tarnish a taxpayer’s credit score and place an encumbrance on their property. Fortunately, the IRS has provided relief for those owing less than $10,000.00. In...
View ArticleMean Girls Ain’t Got Nothing on the IRS
The IRS filed a Notice of Federal Tax lien against Lindsay Lohan in an amount of $140,203.40 for a 2010 back income tax liability. This is nothing new for Lohan as the IRS had filed a Notice of...
View ArticleCharlie Sheen Helps Lindsay Lohan with her Tax Problem
The rich, the poor, the famous and the infamous can all have tax problems, since it seems that no group is immune from this issue. TMZ is reporting that during the production of “Scary Movie 5,”...
View ArticleThe IRS Seizes Lindsay Lohan’s Bank Assets. Can Mel Gibson Save the Day?
After an alleged nightclub altercation and horrible reviews for her comeback role as Elizabeth Taylor, things continue to get worse for Lindsay Lohan. According to Page Six, the IRS has seized Lohan’s...
View ArticleIRS Tax Liens and Foreclosure and Sale
On February 12, 2014, the United States District Court granted the United States’ motion for summary judgment which entitled the US to foreclose upon a taxpayer’s properties for back payroll and income...
View ArticleThe IRS Abused Its Discretion in Requiring that a Federal Tax Lien Should be...
In a recent US Tax Court decision, Budish v. IRS, T.C. Memo. 2014-239, the Court held that a settlement officer erroneously concluded that the Internal Revenue Manual (“IRM”), an IRS employee handbook,...
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