Tax Machine Blog™

Episode 3 – Due Process and the IRS

In this Episode, Tom Groth, a Connecticut Tax Lawyer puts on his “Tax Attorney” hat and discusses Due Process in the context of dealing with IRS collections. Topics Covered include: Final Notice of Intent to Levy Collections Due Process Hearing How Innocent Spouse requests and Equivalent Hearings are different.

Episode 2 – Filed an Extension? The government is shutdown, but they want your return on time.

Just because the IRS doesn’t have anyone manning the phones, they still want extended returns by today.: The current lapse in federal appropriations does not affect the federal tax law, and all taxpayers should continue to meet their tax obligations as normal. Individuals and businesses should keep filing their tax returns and making deposits with the IRS,…

Revenue Procedure 2013-34: easier than ever to win an innocent spouse case?

  This is really, really good news for Innocent Spouses.    Contact an Innocent Spouse Tax Attorney today. On January 5th, 2012, the IRS took a big step towards making good on the promise made by congress 15 years ago – a promise, as President Clinton put it on July 22, 1998 (while signing the IRS Restructuring and Reform…

A Coin to rule them all

So, that pesky little government shut-down? It’s really not that big of a deal. We’ve had plenty since Jimmy Carter was president Yet – somehow – we’ve managed to get through them. What’s scarier than a government shutdown? The debt ceiling. It’s not really in dispute that coming up against the debt ceiling could do some…

SecondMarket says the fund will make it possible for investors to have access to the bitcoin market without dealing with the sometimes unreliable online exchanges and the complex security issues involved in storing digital money. Packaging bitcoins as a fund may also allow the investment to be kept in tax-advantaged retirement account, Mr. Silbert said.

-New York Times: Fund to Let Investors Bet on Price of Bitcoinsbitcoin

What do you think? Share your thoughts in the comments below.