Taking a Case to Tax Court

  One of the last things that any person or business wants, or envisions, when they file their annual tax return, is to wind up in a federal tax court. However, when you work hard and prepare your tax returns honestly, you do not expect to get audited and stuck with a significantly higher tax  … Read more

Why Was My Tax Refund Withheld?

  A lot of people approach tax season with dread, anticipating all of the work it will take to prepare and file their taxes. However, with that dread can come excitement about receiving a tax refund. Some of us rely on that refund and others even spend it before they receive it. Unfortunately, the IRS  … Read more

President Trump Establishes IRS Priorities

  Everything in the national news these days seems to focus on Russia investigations and the GOP’s efforts to replace Obamacare. This is unfortunate for President Trump, who had high hopes of quickly implementing a sweeping tax code overhaul and reform. While it is unlikely that congress will even take any substantive steps toward tax  … Read more

The Importance of Proper Estate Appraisals

The Importance of Proper Estate Appraisals

Executors have the most important role in the probate process. They are responsible for everything from filing the will and death certificate and opening the probate process, through the final order and distribution of assets. In fact, they have legal duties to the estate and can be held personally liable if they breach these duties.  … Read more

Breach of Fiduciary Duty

Breach of Fiduciary Duty

When preparing a will, one of the big decisions is who to appoint as executor. This is the person or firm that you are putting in charge of taking your estate through a probate court. If you pass away without a will, an administrator is appointed in this role. Why is choosing this representative such  … Read more

Placing Conditions in Trust Funds

Placing Conditions in Trust Funds

There are many reasons to establish trusts when estate planning. One common reason is that the individual planning their estate has doubts about the emotional maturity or financial responsibility of their beneficiaries. This is particularly the case when it comes to children who are minors or young adults. It is difficult to believe that your  … Read more

Appealing IRS Collection Actions

Appealing IRS Collection Actions

The IRS has incredible powers to get your attention if you are delinquent in paying your tax bill. These include a federal tax lien, a levy, or a seizure of property. These actions are disruptive, inescapable, and can put your life on hold. If you find yourself the recipient of an IRS tax collection action,  … Read more