Recent Posts in IRS Category
Posted on Mar 31, 2012 By Robert Kovacs
Tax Masters -- $195 Million fraud judgment Tax Masters, whom many people recognize because of their large national ad campaign, has been found to have committed fraud on their clients by a Texas jury. ...
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Posted on Mar 31, 2012 By Robert Kovacs
Tax Masters -- $195 Million fraud judgment Tax Masters, whom many people recognize because of their large national ad campaign, has been found to have committed fraud on their clients by a Texas jury. ...
Continue reading "Tax Masters -- $195 Million fraud judgment" »
Posted on Mar 19, 2012 By Robert Kovacs
Tax master's Files for Bankruptcy Tax master's, a publically traded company, has recently filed for bankruptcy protection. Tax master's offers tax related services to individuals who have ...
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Posted on Mar 18, 2012 By Robert Kovacs
Are debts discharged in bankruptcy taxable? No. As in you can see from our last blog post, "Gross Income Defined" almost everything is taxable "expect as otherwise provided." The ...
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Posted on Mar 18, 2012 By Robert Kovacs
Gross Income Defined: Gross Income is Defined by the IRC §61 as "Expect as otherwise provided in this subtitle, gross income means all income from whatever source derived, including (but not ...
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Posted on Jan 28, 2012 By Robert Kovacs
Discharge of Tax Debts when your return is filed late. Generally, income tax debts become dischargeable in bankruptcy if your tax has been past due for at least three years, the return was actually ...
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Posted on Sep 19, 2011 By Robert Kovacs
IRS Tax Amnesty Programs Collects Billions The Wall Street Journal reports that 15,000 individuals took advantage of a recent Internal Revenue program offering limited amnesty for taxpayers with ...
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Posted on May 5, 2011 By
Discharging Tax Debt in Bankruptcy Certain debts have been given special status by the Bankruptcy Code and are generally excluded from the debtor's bankruptcy discharge. Child support obligations, ...
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Posted on Feb 3, 2010 By Robert Kovacs
If you owe the IRS or the Massachusetts Department of Revenue (“DOR”) back taxes then filing bankruptcy may help. Filing bankruptcy under chapter 13 or 11 will put you into an interest free repayment ...
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