Be Cautious When Choosing A Tax Preparer: Two Maryland Tax Preparers Guilty of Filing False Returns

By Glen Frost, Managing Partner and Mary Lundstedt, Esq., Associate The Comptroller’s Field Enforcement Division and the Criminal Investigations Division of the Maryland Attorney General’s Office, working in tandem, investigated and prosecuted two more Maryland tax preparers—resulting in guilty pleas. On July 24, 2018, Maryland Attorney General Brian E. Frosh and Comptroller Peter Franchot announced that two tax preparers operating in the Baltimore area pleaded guilty to filing ...

What’s Your Alien Tax Status and How Does It Affect Investment Property?

Alien Tax Status
By: Eli S. Noff, Esq., CPA, Partner Mary Lundstedt, Esq., Associate Brent Conrad For tax purposes, a non-U.S. citizen is either a nonresident alien or a resident alien. All aliens are considered nonresident aliens, unless they pass the green card test or the substantial presence test. A person meeting either of these tests is considered a resident alien. Since aliens are taxed differently depending on their status, it is important to carefully consider what is involved. If you are a r...

Can You Lose Your Home or Business to the IRS?

IRS Seize Property Attorney
  It is a well-established fact that the Internal Revenue Service is an agency with a lot of power, which has the ability to take a number of actions against taxpayers in order to collect tax debts. So, if you owe money to the IRS in back taxes or outstanding taxes, there are situations where the agency may seize your home or business in order to collect what you owe.

How the Collection Process Works

If you owe the IRS money, the agency will initially contact you via snail mail with a bi...