When you need assistance in resolving a tax issue, you can rely on our experience and knowledge to efficiently and effectively respond to the IRS and find a reasonable resolution to your tax problem. The IRS and ADOR will not allow you to delay dealing with your tax problems. However, there is assistance that we
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WE’VE GONE VIRTUAL!!
McFARLANE LAW-A Tax Law Firm is now a virtual law firm!
Send any mail or correspondence to:
PO BOX 30405, PHOENIX, ARIZONA 85046-0405
Our phone number and email address remain the same.
With over 30 years of experience in Tax Audits, Appeals, Tax Court Litigation, Collection, and Payment Plan Negotiations, we can assist you or…
Tips for people starting a new business
Understanding the tax responsibilities that come with starting a business venture can save taxpayers money and help set them up for success. Contact your local tax attorney for advice and answers to help you through the process of starting a new business.
Here are five tips for new business owners.
Choose a business structure.
The…
Beware: The IRS is Sending Important Notices with Bad Dates
Several of my clients received IRS Notices with due dates that already expired by the time I received the Notices because the mail date stated on the Notices was months ago-this despite being recently mailed!! The pandemic shutdown really messed things up with all agencies.
The National Taxpayer Advocate stated that the IRS generated more…
The IRS Has Been Sending Notices with Bad Dates
Taxpayers need to keep a careful eye on their IRS Notices. Many IRS Notices, many with statutory deadlines were dated during the IRS shut-down due to COVID-19, but not immediately mailed. Consequently, there are many IRS Notices with expired action dates.
The TaxpAyer Advocate stated that during the shutdown, the IRS generated more than 20…
I Owe Past Due Taxes. Can the IRS Take My $1200 Economic Impact Payment?
Generally, the answer is no. The exception is if the taxpayer owes child support arrearages.Under the CARES Act guidelines and subsequent direction, Economic Impact Payments/recovery rebates/stimulus checks cannot be offset to pay any debt except child support.
However, “normal” federal tax refunds remain fair game in the absence of an Offset Bypass Refund (OBR) request.…
Q: What if I cannot Pay my Taxes by the July 15 Deadline?
A: Taxpayers should file on time even if they cannot pay their full tax bill
You should file your tax return by the deadline even if they cannot pay the full amount due. Otherwise, you will be assessed a late filing penalty and end up owing even more. If you owe tax, but cannot pay…
The honeymoon is over – Part III
In previous blogs The Honeymoon is Over – It’s Time to Think Taxes! and It’s Time to Prepare and File your 2019 Tax returns, I discussed the upcoming, looming tax return filing and payment deadline of July 15. You can extend the time to file, but not to pay – so budget accordingly.Other extension,…
Do you have a foreign bank account or own an interest in foreign real estate or in a foreign entity?
The IRS continues its pursuit of “US Citizens” who own a foreign bank account, foreign real estate, interests in a foreign company, and other assets such as brokerage accounts with credit card access. They are looking for US Citizens with foreign based assets who fail to report the existence of those assets.
US Citizens are…
Nursing Homes and Care Facilities and Economic Impact Payments
There has been stories that nursing homes and other care facilities have been taking their resident’s/patient’s Economic Impact Payments (EIPs). If you have a loved-one in a nursing home or other care facility, check to see that the facility has not absconded with the EIP. If so, you may to hire an attorney to send…