by Tax Crisis Institute Staff | May 30, 2019 | IRS Audit Defense, IRS Tax Help
There are so many ways to define patriotism and paying taxes is one of them. Each financial year, you are required to file your taxes without fail. Looking at the implications of failing to pay such as loss of property, heavy financial penalties, and sometimes prison... by Tax Crisis Institute Staff | Aug 16, 2017 | IRS Audit Defense
Many taxpayers or business people incorporate or set up an LLC to provide limited liability for their personal assets from their business activities. When a taxpayer owes back taxes, he or she will often pay their personal expenses out of their corporation or LLC... 
by Tax Crisis Institute Staff | Jul 17, 2015 | IRS Audit Defense
A person represented by counsel may be required to attend an interview if summoned to do so. An Administrative Summons is issued under authority of IRC section 7602. Thus, even a taxpayer who is represented by a Power of Attorney, may nevertheless, be summoned to... 
by Tax Crisis Institute Staff | May 29, 2015 | IRS Audit Defense
At the conclusion of an audit, a Revenue Agent or Tax Compliance Officer will write up their report with a Notice of Deficiency Waiver. Once you sign this form, you are allowing the IRS to assess and collect the tax. A Taxpayer should never sign this form if... by Tax Crisis Institute Staff | May 22, 2015 | IRS Audit Defense
If the IRS requests a meeting with a Taxpayer, should the taxpayer and a representative attend? Should only the representative attend? Should neither attend? Under no circumstances should a taxpayer attend on his or own. Rarely should a taxpayer attend with a... 
by Tax Crisis Institute Staff | Nov 4, 2014 | IRS Audit Defense
If a business is an LLC and is a disregarded entity (or one where an individual elects to be taxed as a sole proprietorship) does the IRS have to assess the Trust Fund Recovery Penalty (TFRP) in order to collect from the individual Taxpayer? The answer is it is going...
