WALLINGFORD, CONN — According to a recent article published in USA Today, 60,000 US troops owe the IRS $390 million dollars.  So for many combat veterans (RCV) returning the country, they will receive an unwelcome surprise from the IRS along with an additional burden to face.
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Last year, I expressed skepticism over the  IRS’ claim that it would be more understanding regarding collections matters. Here and here. So what do the numbers for 2011 show? Did the IRS ease up a bit? Anyone wondering if now is the time to settle back tax debt with the IRS, should read  article to get our latest update of the state of affairs with IRS collections.

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The bearded one, Patrick Cox, has found himself joining other tax resolution promoters such as JK Harris, Roni Deutch and American Tax Relief in tough times. His company (which amazingly became public traded) has filed for bankruptcy. But what about their clients left in the lurch?  This article addresses what any clients of this and other so-called “tax relief” companies should do immediately.

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The closest IRS field office to me, in New Haven, is losing its most seasoned Revenue Officer (and really fair guy) on December 31st, 2011. His replacement? No one. This troubles me because it leaves us dealing with a short-staffed IRS.  I’d like to explain the cuts in staffing that I have personally experienced,  why the reduction in collection personnel is not necessarily a good thing for taxpayers, and the only way to use the IRS’ overburdened collection force to best advantage.

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What might be considered an unconventional philosophy, Anthony Parent, IRS Medic Founder and partner at Parent and Parent, LLC, believes that aside from his credentials it’s his empathy towards the IRS and the agents he works with daily that help make him and his tax law firm a success. “We put ourselves in the shoes of the IRS—the agents are getting it from tax payers who are very sensitive.

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Connecticut has certainly taken a beating. For those who have filed an extension to October 15th (that was extended to October 31st on account of Hurricane Irene) to file their Connecticut state income taxes well… that deadline has now been extended to November 15th 2011.

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My my my. What have you been smoking, IRS?

AP reports Riverside Pot Clinic in Oakland is stuck with a 2.4 million dollar tax bill. And right about here is where it gets weird:

Government auditors did not dispute, however, that Harborside had properly deducted its biggest expense — the millions of dollars it spent buying pot to sell to people who use it under California’s medical marijuana law.

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The advantages of classifying workers contractors (1099) and not employees (W-2) are numerous. The two main reasons is that it is cheaper (no liabilities for payroll taxes nor any unemployment taxes) and flexibility (it is real easy to fire a contractor, no need to comply with”ObamaCare”).

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Another day, another tax resolution scam outfit popping up. This one, is so clever it won’t even tell you its name.

This is how it works. Read More…

The IRS issued a press release that they would soon be posting a youtube video explaining the Small Business Health Care Tax Credit in American Sign Language.

And sure enough they did.

I don’t know. I certainly see no reason to exclude the deaf from the misery that is the IRS, but something about this seems strange.