On this episode of Ask The Tax Attorney, we dive into the complicated world of immigration law. Our guest, Sherley Haratz, a seasoned attorney, shares emotional stories from her personal and professional experience as an immigrant. We hear about a business client who faced issues at the airport and was eventually sent back because of…
I recently attended a training with my mentor, Todd Herman, and he introduced this concept called “Pillow Happy,” which I just had to share with you. It’s all about doing the things during the day that will guarantee you are in a blissful state of happiness and contentment when your head hits the pillow at…
So, the other day I had a call with one of my clients, and we were going over the amount he owes to the IRS. We dug into what the tax was, what the interest was, and what kind of penalties he had. And it wasn’t long before he discovered that the amount he owed…
On this episode of Ask The Tax Attorney, we dive into the world of entrepreneurship and how to protect your business. Our guest speaker, Mari Ribeiro, shares her personal story of becoming an entrepreneur after getting laid off from her job as an attorney. We discuss the importance of having a clear vision for your…
Last night I was reading an interesting article about audits. (Ok, interesting to me.) And the article talked about how 70 percent of taxpayers don’t get audited. While that number may give you comfort, it actually made me pause. That means we have a thirty percent chance of being audited. What! And these numbers were…
I think some people have misconceptions about money. And if you think about it, we all have lots of misconceptions about lots of things, including the IRS. I admit that sometimes I don’t realize that what I know is not common knowledge for everyone. (See misconception right there.) So, I thought I do my part…
Now that tax season is officially over, and folks are breathing a sigh of relief, the scammers are really digging in. IRS scams are everywhere, bilking people out of thousands of dollars and fraudulently obtaining their personal information. These days, you’re just as likely to get an email from a strange IP address, but traditionally,…
Damian Barrett, a Florida tax preparer, was convicted of filing 745 false tax returns in 19 states. Barrett owned two tax preparation companies. He used one to file legitimate returns and the other to file false returns. From 2015 to 2018 Barrett filed 348 false returns in the state of Oregon alone, requesting more than…
Okay, the New Year is closing in fast, so I wanted to pen a quick reminder about what HAS to be done before the 31st… Charitable donations. Individuals who itemize their deductions can receive a current-year tax deduction for cash donations. In other cases, such as stock donations or gifts to foundations, they are still…
The bookkeeper for a family-owned tree nursery in North Carolina pleaded guilty to embezzling more than one million dollars over a six-year period. Richard Clark began working for the nursery in 2003, and in 2013 started writing checks to himself from the company. He covered his tracks by altering the check descriptions in Quickbooks. In…