Tax Blog URL Has Changed!- May 12, 2007 Our blog URL has changed! Please update any references to our blog, which can now be found at: http:www.irstaxtrouble.comcategorytax-blog and the RSS feed is now http:www.irstaxtrouble.comcategorytax-blogrss . We are sorry for any inconvenience, but our website was long overdue for a makeover....Inheritor Coaching Colorado Tax Attorney Free Financial Advice Free Legal Referrals Offer in Compromise Innocent Spouse Relief IRS Tax Lienhttp://www.irstaxtrouble.com/2007/05/tax-blog-url-has-changed.html Tax Overpayments in Bankruptcy- May 10, 2007 Taxpayers who owe taxes and who are thinking of filing bankruptcy should be aware of the Ninth Circuits recent Nichols v. United States case.The taxpayers in the Nichols case overpaid their 2001 state and federal tax liability. The court opinion says that: Sixteen days later, on February 5, 2002, the Debtors filed for bankruptcy. The Bankruptcy Trustee demanded that the Debtors turn the deposits over to the Trustee, but this was not done. In February of 2003, the Debtors signed their 2002...http://www.irstaxtrouble.com/2007/05/tax-overpayments-in-bankruptcy.html Offer in Compromise: The Coming Storm- May 9, 2007 The Tax Increase Prevention and Reconciliation Act of 2005 (TIPRA) makes substantial changes to the IRS offer in compromise program. Most notably, TIPRA includes a provision in which taxpayer submitted offer in compromises are deemed accepted by the IRS. The offer in compromise or OIC program for compromising tax debts for less than is actually owed. Taxpayers often refer to this program as the process of settling tax debts for pennies on the dollar. The IRS offer in compromise process is...http://www.irstaxtrouble.com/2007/05/offer-in-compromise-coming-storm.html We the People Foundation Loses Court Battle, Wins Publicity- May 8, 2007 We the People Foundation recently lost yet another tax-related court case, but, perhaps wining in court is not really what the group is after. According to the court record, We the People have:engaged since 1999 in "a nationwide effort to get the government to answer specific questions" regarding what plaintiffs view as the Government's "violation of the taxing clauses of the Constitution" and "violation of the war powers, money and 'privacy' clauses of the Constitution."...and they...http://www.irstaxtrouble.com/2007/05/we-people-foundation-loses-court-battle.html |