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...

IRS Actively Targeting Taxpayers for Passport Denial/Revocation – Notice CP508C

Taxpayer Passport Denial
By: Eli S. Noff, Esq., CPA, Partner & Mary Lundstedt, Esq., Associate The IRS is now actively in the process of issuing Notices CP508C to hundreds of thousands of U.S. taxpayers—placing all notified taxpayers’ passports in serious jeopardy. Several news outlets this week report that the U.S. State Department confirms that it has already acted on its part in the process and denied passports to an undisclosed number of taxpayers. Reports also confirm that the IRS has already successful...

United States V. Garrity: Clarifies Standard of Proof and Establishing Willfulness in FBAR Context

By: Eli Noff, Partner and Mary Lundstedt On April 3, 2018, in United States v. Garrity, the U.S. District Court for the District of Connecticut considered the Government's suit to reduce to judgment a willful Report of Foreign Bank and Financial Accounts (FBAR) penalty and determined that: (1) the burden of proof is preponderance of evidence, and (2) proof of reckless conduct is sufficient to establish willfulness.1 Now, even the standard of proof required for civil tax fraud is higher ...