IRS Tax Savings for Los Angeles and California Taxpayers Los Angeles Tax Attorney – Internal Revenue Service allows tax savings to businesses located in Los Angeles, Orange, Riverside, San Diego and San Francisco area businesses. IRS tax savings and incentives include a special 50-percent depreciation tax allowance for 2008 purchases…
A bill introduced in the U.S. Senate last night will change the bankruptcy law to allow Los Angeles Bankruptcy Court Judges and Los Angeles Bankruptcy Attorneys to modify loans held by Los Angeles homeowners on the verge of losing their homes in Los Angeles and California through foreclosure. The amendment…
IRS Tax Court Denies IRS Offer in Compromise
IRS Tax Attorney says IRS Tax Audit for Los Angeles and California Residents will increase. IRS, including the IRS offices in Los Angeles and throughout California, is likely to get higher budget for tax collection enforcement activities according to the Internal Revenue Service. Tax attorneys and advisors to the President…
IRS Tax and Penalty Collection to increase in Los Angeles and California metro regions. IRS Tax Attorneys and lawmakers advising Congress are likely to endorse giving Internal Revenue Service more tools to improve IRS tax debt collection, compliance and boost revenue. Internal Revenue Service faces congressional pressure collect additional $290…
As the housing prices gradually decline in the Los Angeles area, foreclosure and bankruptcy attorneys in the Los Angeles area have been inundated with inquiries by consumers desperate to save their homes. Los Angeles Times is reporting that to help homeowners, six of the largest U.S. mortgage lenders, including Los…
Los Angeles has one of the nation’s highest number of self employed or small business operations. IRS is increasing its enforcement and compliance activities with respect to these taxpayers. IRS Tax Audits overall have increased every year over the last three years. IRS targets many of these businesses which…
Betting on the Los Angeles Lakers to win the NBA title this year? How about the Los Angeles Dodgers winning the World Series? If you have gambling winnings, IRS wants to tax you. Payors of $1,200 or more on winnings from bingo or slot machines, or $1,500 or more from…
An IRS income tax return may be made your tax attorney if the taxpayer is unable to make it by reason of illness or continuous absence from the United States for a period of at least 60 days before the due date, or if the taxpayer requests written permission from…
Many taxpayers that meet with our lawyers in our Los Angles office often have not filed their IRS tax returns in many years. I actually met with someone who hasn’t filed a IRS tax return in over 25 years. In terms of helping anyone with this type of tax problem…