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	<title>Tax Relief,IRS Tax Relief Help,IRS Tax Problems Help,Tax Audits,IRS Tax Garnishments,Mike Habib EA</title>
	<link>http://www.myirstaxrelief.com/blog</link>
	<description>Tax Relief Blog,IRS Tax Relief Help,Tax Problem Resolution,Stop wage levy,Tax Audit Representation by Tax Expert Mike Habib, EA</description>
	<lastBuildDate>Thu, 11 Mar 2010 14:19:16 +0000</lastBuildDate>
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	<language>en</language>
	
	<item>
		<title>Tax Debt Settlement Help</title>
		<description><![CDATA[Today is the first day of the rest of your life. If things haven&#8217;t been going well lately, get a fresh start with a fresh attitude. The best is yet to come! Michael Josephson, of Character Counts.
Tax debt settlement help &#8211; get reliable tax relief
If you find yourself unable to comprehend the complexities of paying [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/tax-debt-settlement-help/</link>
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	<item>
		<title>Tax Attorney</title>
		<description><![CDATA[Tax Attorney - Get the power of attorney for tax representation
A tax attorney may represent taxpayers with a tax deficiency, which is the excess of the correct tax liability over the tax shown on the taxpayer&#8217;s return plus amounts previously assessed (or collected without assessment) as a tax deficiency, and minus any credits made to the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/tax-attorney/</link>
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	<item>
		<title>Trust Taxation Rules</title>
		<description><![CDATA[


Basic Trust Taxation Rules 






 It is estimated that $4.8 trillion in wealth will be inherited or transferred from one generation to the next by 2015, with much of it transferred through a variety of trusts. Filings of trust returns (Form 1041) are now the third most frequently filed income tax return behind individual and corporate returns. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/trust-taxation-rules/</link>
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	<item>
		<title>Tax Reform Bill</title>
		<description><![CDATA[Senate Unveil Tax Reform Bill
Senate Finance Committee members Ron Wyden, D-Ore., and Judd Gregg, R-N.H., on February 23 unveiled a broad tax reform proposal that they say would create a simpler and fairer system by lowering tax rates and eliminating narrow tax breaks that benefit special interests. The plan would also simplify tax returns into [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-reform-bill/</link>
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		<title>IRD &#8211; Income In Respect of a Decedent</title>
		<description><![CDATA[IRD &#8211; Income In Respect of a Decedent
All income the decedent would have received had death not occurred that was not properly includible on the final tax return is income in respect of a decedent.
If the decedent is a specified terrorist victim (see Specified Terrorist Victim, earlier), income received after the date of death and [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/idr-income-in-respect-of-a-decedent/</link>
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	<item>
		<title>A. Joseph Stack crashes into IRS building</title>
		<description><![CDATA[Plane was crashed into Austin building by man angry at IRS, authorities say
A software engineer is presumed dead after flying his small plane into an office building. At least 13 people on the ground are injured and one is unaccounted for.
Source: LA Times
By Richard Fausset and Richard Serrano
Reporting from Washington and Austin, Texas
A disgruntled software [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/a-joseph-stack-crashes-into-irs-building/</link>
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	<item>
		<title>Entertainment Industry Income tax help</title>
		<description><![CDATA[Entertainment Industry Income tax help
Every working Entertainer in the US is required to file his or her income tax returns on time and this means going through every receipt and transaction made throughout the previous year to make sure that everything is properly and accurately reported.
Unfortunately, filing your income tax return on time is a [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/entertainment-industry-income-tax-help/</link>
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		<title>Remarks of IRS Commissioner Doug Shulman</title>
		<description><![CDATA[


Prepared Remarks of IRS Commissioner Doug Shulman to New York State Bar Association Taxation Section Annual Meeting in New York City, Jan. 26, 2010


 






It’s a great honor to address the New York State Bar Association Taxation Section. I look forward to beginning a dialogue with you that will start – but I trust – not [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/remarks-of-irs-commissioner-doug-shulman/</link>
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		<title>Tax Relief and Retirement Incentives</title>
		<description><![CDATA[President Announces Middle-Class Tax Relief and Retirement Incentives
President Obama plans to propose a near doubling of the Child and Dependent Care Tax Credit for middle-income families earning under $85,000, establishment of a system of automatic 401(k) enrollments and simplifying and expanding the Saver&#8217;s Tax Credit. These initiatives will be included in the president&#8217;s fiscal year [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-relief-and-retirement-incentives/</link>
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		<title>IRS Announces Qualified Disaster Treatment for Haiti</title>
		<description><![CDATA[IRS Announces Qualified Disaster Treatment for Haiti
The Internal Revenue Service today issued guidance that designates the earthquake in Haiti in January 2010 as a qualified disaster for federal tax purposes. The guidance allows recipients of qualified disaster relief payments to exclude those payments from income on their tax returns. Also, the guidance allows employer-sponsored private [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/irs-announces-qualified-disaster-treatment-for-haiti/</link>
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		<title>SoCal Tax Help</title>
		<description><![CDATA[Southern California Tax Relief Services
IRS tax Relief, FTB tax Relief, BOE tax Relief, EDD tax relief
At Mike Habib, EA, a SoCal tax firm, we understand that being notified that your tax return is being challenged by the IRS or the FTB can be scary. When you are faced with an audit, or a collection action, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/socal-tax-help/</link>
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		<title>National Taxpayer Advocate Annual Report</title>
		<description><![CDATA[National Taxpayer Advocate Annual Report
National Taxpayer Advocate Nina E. Olson today released her annual report to Congress, warning that increased demands on the IRS have eroded the agency’s ability to meet taxpayer service needs and expressing concern that IRS collection practices are harming financially struggling taxpayers without producing significant revenue gains.
In the preface to the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/national-taxpayer-advocate-annual-report/</link>
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		<title>Tax Relief Short List</title>
		<description><![CDATA[Tax Relief – Short List
Tax relief is a term that refers to providing tax problem resolution and relief from the fear and burden of the mounting tax liability. Tax relief is provided on a federal and state level.
Want tax relief?
There are several reasons on why you may need tax relief. The main reason is usually [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-relief%e2%80%93short-list/</link>
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		<title>Tax Problems</title>
		<description><![CDATA[Tax Problems &#8211; Tax Problem Resolution

When tax problems occur, it can be difficult to hide from the IRS. Being familiar with these tax problems allow you to recognize them as soon as they occur. Whether you are an individual or a business entity, make sure that you are aware of these common problems regarding taxes.
Payroll [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/tax-problems/</link>
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		<title>IRS Tax Levy, How to release federal tax liens and levies</title>
		<description><![CDATA[IRS Tax Levy &#8211; How to release federal tax liens and levies
Taxpayers have the right to appeal the IRS’ filing of a notice of a tax lien in the public record and petition for release. If filed in error, the IRS must release the lien and state that the lien was erroneous. The request for [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/how-to-release-federal-tax-liens-and-levies/</link>
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		<title>IRS enforcement figures</title>
		<description><![CDATA[



Table 16.  Delinquent Collection Activities, Fiscal Years 2005-2008




[Money amounts are in thousands of dollars.]


 


 


 


 



 
 
 
 
 



Activity


2005


2006


2007


2008




(1)


(2)


(3)


(4)




Returns filed with additional tax due:

 
 
 
 



Total amount collected [1]


[r] 27,615,348    


[r] 29,172,915    


[r] 31,952,399    


28,465,648    




Taxpayer delinquent accounts (thousands):


 


 


 


 




Number in beginning inventory


5,981    


6,478    


7,074    


8,240    




Number of new accounts


5,870    


6,100    


7,146    


7,099    




Number of accounts closed


5,373    


5,504    


5,980    


6,107    




Ending inventory:


 


 


 


 




Number


6,478    


7,074    [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/irs-enforcement-figures/</link>
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		<title>IRS Tax Lien against Gov. Schwarzenegger</title>
		<description><![CDATA[IRS has filed $79,000 lien against Gov. Schwarzenegger, records show
SOURCE: Los Angeles Times
A spokesman for the governor says the matter is related to a paperwork discrepancy and has nothing to do with the payment of taxes.
By Michael Rothfeld
Reporting from Sacramento
The Internal Revenue Service has filed a federal tax lien against Gov. Arnold Schwarzenegger for nearly [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/irs-tax-lien-against-gov-schwarzenegger/</link>
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		<title>Final Regulations Governing Installment Agreements</title>
		<description><![CDATA[IRS Issues Final Regulations Governing Installment Agreements
The IRS has issued final regulations relating to the payment of tax liabilities through installment agreements. The regulations reflect changes to the law made by the Taxpayer Bill of Rights II (P.L. 104-168), the Internal Revenue Service Restructuring and Reform Act of 1998 (P.L. 105-206) and the American Jobs [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/final-regulations-governing-installment-agreements/</link>
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		<title>SBA Tax Relief</title>
		<description><![CDATA[Treasury / SBA Highlight Role of Tax Cuts During Small Business Financing Forum
US Treasury Secretary Timothy F. Geithner presided over the Small Business Financing Forum presented by the Treasury Department and the Small Business Administration (SBA) on November 18 in Washington, D.C. While the program was aimed at exploring financing issues, recent tax cuts were [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/sba-tax-relief/</link>
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		<title>Military Spouses Relief</title>
		<description><![CDATA[President Signs Military Spouses Residency Relief Act
Source: Journal of Accountancy
President Barack Obama signed into law the Military Spouses Residency Relief Act (PL 111-97), which will ensure that the spouses of military personnel who move because their spouse is posted for military duty will be treated as not having changed residency for tax purposes.
Under the act, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/military-spouses-relief/</link>
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		<title>Relief for sponsors of statutory hybrid plans</title>
		<description><![CDATA[Effective Date of Regulations Under § 411(b)(5)(B)(i); Relief Under § 411(d)(6); and Notice to Pension Plan Participants
Announcement 2009-82
The Treasury Department and the Internal Revenue Service are announcing relief for sponsors of statutory hybrid plans that must amend the interest crediting rate in those plans. Plan sponsors may rely on this announcement pending publication of the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/relief-for-sponsors-of-statutory-hybrid-plans/</link>
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		<title>Essential year end tax planning</title>
		<description><![CDATA[Essential year end tax planning
Year-end tax planning could be especially productive this year because timely action can nail down a host of tax breaks that won&#8217;t be around next year unless Congress acts to extend them. These include, for individuals: the option to deduct state and local sales and use taxes instead of state income [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-planning/essential-year-end-tax-planning/</link>
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		<title>Roth IRA Rollover</title>
		<description><![CDATA[Roth IRA Rollovers
Mike Habib, EA
I am writing to tell you of an interesting new rollover opportunity that&#8217;s coming up in a few months. After 2009, you will be able to roll over amounts in qualified employer sponsored retirement plan accounts, such as 401(k)s and profit sharing plans, and regular IRAs, into Roth IRAs, regardless of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/estate-planning/roth-ira-rollover/</link>
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		<title>Extended homebuyer tax credit</title>
		<description><![CDATA[Extended and liberalized homebuyer tax credit rules
Mike Habib, EA
On November 6, the President signed into law H.R. 3548, the &#8221;Worker, Homeownership, and Business Assistance Act of 2009.&#8221; The new law extends and generally liberalizes the tax credit for first-time homebuyers, making it a much more flexible tax-saving tool. It also includes some crackdowns designed to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-help/extended-homebuyer-tax-credit/</link>
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		<title>IRS Back Taxes</title>
		<description><![CDATA[IRS Back Taxes
Mike Habib, EA
You incur IRS back taxes when you haven&#8217;t been filing your income tax returns religiously every year. Tax season can be a stressful time and there are a lot of people who tend to overlook the deadlines so they find themselves having to rush to make it in time. For those [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/unfiled-tax-returns/irs-back-taxes/</link>
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		<title>Tax Debt Relief</title>
		<description><![CDATA[Tax Debt Relief
Mike Habib, EA
1-877-788-2937
If you failed to file your returns and the IRS is already calling your attention so you can pay for back taxes, you need to seek tax debt relief. These back taxes are derived from the SFR (Substitute For Return) filings that the IRS files if you cannot do it yourself. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-debt-relief/</link>
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		<title>Year-end tax planning letter</title>
		<description><![CDATA[Year-end tax planning letter
Mike Habib, EA
As year-end approaches, taxpayers generally are faced with a number of choices that can save taxes this year, next year or both years. Employees too are faced with these choices. However, employees have some special considerations to take into account that retirees and other nonworking individuals don&#8217;t face. To help [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-help/year-end-tax-planning-letter/</link>
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		<title>Tax Relief for the Unemployed</title>
		<description><![CDATA[Tax Impact of Job Loss
 
JOB LOSS CREATES TAX ISSUES
 
The Internal Revenue Service recognizes that the loss of a job may create new tax issues. The IRS provides the following information to assist displaced workers.
&#62; Severance pay and unemployment compensation are taxable. Payments for any accumulated vacation or sick time are also taxable. You [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-relief-for-the-unemployed/</link>
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		<title>Bartering Tax Problem</title>
		<description><![CDATA[Do You Barter?
Mike Habib, EA
Bartering is the trading of one product or service for another. Usually there is no exchange of cash. Barter may take place on an informal one-on-one basis between individuals and businesses, or it can take place on a third party basis through a modern barter exchange company.
Bartering is the most ancient [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/bartering-tax-problem/</link>
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		<title>Commissioner Doug Shulman address</title>
		<description><![CDATA[IRS Commissioner Doug Shulman addressed the National Association of Corporate Directors Governance Conference
WASHINGTON &#8212; I realize that the IRS Commissioner has not customarily addressed the NACD’s corporate governance conference…but what I want to discuss with you this afternoon is the important role that boards of directors can play in overseeing tax risk and tax strategies [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/commissioner-doug-shulman-address/</link>
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		<title>US Citizens Residing in Canada Liable for AMT</title>
		<description><![CDATA[U.S. Citizens Residing in Canada Liable for AMT Based on Foreign Tax Credit Limitation (Jamieson, CA-DC)
Married U.S. citizens residing in Canada were liable for the alternative minimum tax (AMT) because the amount of foreign tax credits they could claim was limited by Code Sec. 59(a)(2) (prior to repeal by the American Jobs Creation Act of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/us-citizens-residing-in-canada-liable-for-amt/</link>
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		<title>Year End Tax Update</title>
		<description><![CDATA[The following is a summary of the most important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood. Please call us at 1-877-788-2937 for more information about any of these developments and what steps you should implement to take advantage of favorable developments [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/year-end-tax-update/</link>
			</item>
	<item>
		<title>Tax debt help</title>
		<description><![CDATA[Tax debt help
Mike Habib, EA
1-877-788-2937
You&#8217;re going to need tax debt help if you&#8217;re one of the many taxpayers trying to contend with back taxes and tax debts amounting to more than $10,000. While there are people who believe that hiring a professional to help you resolve your issues with the IRS is impractical especially if [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-debt-help/</link>
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		<title>Method Man Talks About Tax Evasion Arrest</title>
		<description><![CDATA[Method Man Talks About Tax Evasion Arrest
WATCH IT! The IRS might be looking for you fo rback taxes too!
]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/method-man-talks-about-tax-evasion-arrest/</link>
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		<title>Getting Tax Relief Help</title>
		<description><![CDATA[Getting Tax Relief Help
By Mike Habib, EA
Even when you’re really careful about filing your income tax returns, something’s always bound to go wrong when you least expect it. It’s not uncommon to find even the most discerning and meticulous individuals and businesses to find themselves searching for tax relief assistance to get themselves out of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/getting-tax-relief-help/</link>
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		<title>Correcting an employment Tax Return</title>
		<description><![CDATA[The Correct “Process” for Correcting an employment Tax Return
Mike Habib, EA
Even the best of us can make a mistake on a quarterly Form 941 (or on a Form W-2, which often creates an error on the 941). The IRS has introduced a new form for correcting the dollar amounts on a previously filed 941: Form [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/payroll-tax-problems/correcting-an-employment-tax-return/</link>
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		<title>Interest expense deduction of foreign corporations</title>
		<description><![CDATA[Interest expense deduction of foreign corporations
Mike Habib, EA
TD-9465, provides final regulations under section 882(c) of the Internal Revenue Code (Code) concerning the determination of the interest expense deduction of foreign corporations engaged in a trade or business within the United   States. These final regulations conform the interest expense rules to recent U.S. Income [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/interest-expense-deduction-of-foreign-corporations/</link>
			</item>
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		<title>IRS Issues Guidance on 2009 Required Minimum Distribution Waiver</title>
		<description><![CDATA[IRS Issues Guidance on 2009 Required Minimum Distribution Waiver
Mike Habib, EA
The Internal Revenue Service today provided guidance for retirement plan administrators, plan participants and retirees regarding recent legislation affecting required minimum distributions. The Worker, Retiree, and Employer Recovery Act of 2008 waives required minimum distributions for 2009 from certain retirement plans.
Generally, a required minimum distribution [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/irs-issues-guidance-on-2009-required-minimum-distribution-waiver/</link>
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		<title>Cash IS Taxable</title>
		<description><![CDATA[Cash IS Taxable
Law school grad turned call girl Cristina Warthen under house arrest after cheating the Government
Source: NY Daily News
Law school comes in handy when trying to evade taxes as a call girl, or at least that’s what one Stanford graduate seemed to think.
Cristina Warthen &#8211; a 2001 Stanford Law School graduate &#8211; was sentenced [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/cash-is-taxable/</link>
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		<title>Tax Relief Services for Union Members</title>
		<description><![CDATA[Tax Relief Services for Union Members
 
We represent Union members before the IRS and their respective States in regards to tax matters such as back taxes, tax problem resolution, stopping wage garnishments, tax relief services, and IRS tax audits.
If you are a Union member of any of the following organizations and currently experiencing a tax [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-relief-services-for-union-members/</link>
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		<title>IRS to Audit 6,000 Companies</title>
		<description><![CDATA[IRS to Audit 6,000 Companies to Test Employment Tax Compliance 
Source: Bloomberg
By Ryan J. Donmoyer
Sept. 18 (Bloomberg) &#8212; The Internal Revenue Service will audit 6,000 U.S. companies to determine whether they pay all their required employment taxes to fund Social Security and Medicare benefits.
The IRS said the audits will provide data for its first statistical [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/irs-to-audit-6000-companies/</link>
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		<title>Tax Relief Second Opinion</title>
		<description><![CDATA[Thinking of hiring a $5000 tax attorney? 
 HOLD IT.
 
If you do not qualify for an IRS Offer in Compromise, an attorney CANNOT help you.
 
That’s $5000 down the drain.
Many of the unnamed tax attorneys that advertise are nothing but fast-talking salesmen trying to get your money without really helping you solve your tax problem. They tend [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/tax-relief-second-opinion/</link>
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		<title>Back taxes shutters CA Restaurant</title>
		<description><![CDATA[Back taxes shutters Jack in the Box
Source: Mercury-Register
 
A state tax dispute is behind the sudden Jack in the Box closures Thursday.
A press release issued this morning indicated that owner Abe Alizadeh, president of Kobra Properties, has temporarily closed the restaurants.
Alizadeh owns 70 Jacks in northern and central California, including ones in Chico, Paradise and [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/back-taxes/back-taxes-shutters-ca-restaurant/</link>
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		<title>CA FTB Corporate Back Taxes</title>
		<description><![CDATA[California &#8211; Corporate Income Tax: FTB Has Begun Contacting Return Nonfilers for 2007
The California Franchise Tax Board (FTB) has begun contacting more than 35,000 companies that did business in California in 2007, but failed to file a California corporation franchise or income tax return for that year. Businesses contacted by the FTB will have 30 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/back-taxes/ca-ftb-corporate-back-taxes/</link>
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		<title>IRS Appeals &#8211; Tax Relief Options</title>
		<description><![CDATA[IRS Appeals mediation program 
A new IRS revenue procedure updates Rev Proc 2002-44, 2002-2 CB 10, which formally established a mediation procedure for cases at the IRS Appeals administrative level. The new revenue procedure expands and clarifies the types of cases that may be mediated by Appeals. Generally, the program is available for cases in [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/irs-appeals-tax-relief-options/</link>
			</item>
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		<title>Back Taxes Help</title>
		<description><![CDATA[IRS Back Taxes Help for Financially Distressed Taxpayers
IRS Back Taxes &#8211; IRS Tax Tip
If you are facing financial difficulties and struggling to meet your tax obligations the IRS can help. As the 2009 tax filing season begins, in addition to new credits, deductions and exclusions, the IRS is taking steps to help people who owe [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/back-taxes/back-taxes-help/</link>
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		<title>What is Self-Employment Tax?</title>
		<description><![CDATA[What is Self-Employment Tax?
Self-employment tax (SE tax) is a social security and Medicare tax primarily for individuals who work for themselves. It is similar to the social security and Medicare taxes withheld from the pay of most wage earners.
You figure SE tax yourself using Schedule SE (Form 1040). Social security and Medicare taxes of most [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/what-is-self-employment-tax/</link>
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	<item>
		<title>Employee vs. Independent Contractor</title>
		<description><![CDATA[Employee vs. Independent Contractor – Ten Tips for Business Owners
IRS Tax Tip
If you are a small business owner, whether you hire people as independent contractors or as employees will impact how much taxes you pay and the amount of taxes you withhold from their paychecks. Additionally, it will affect how much additional cost your business [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/us-taxes/employee-vs-independent-contractor/</link>
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	<item>
		<title>EDD and BOE Wildfire Tax Relief</title>
		<description><![CDATA[California &#8211; Multiple Taxes: Wildfire Relief Extended to Taxpayers in Three More Counties
For taxes and fees they each administer, the California State Board of Equalization (BOE) and the Employment Development Department (EDD) have extended relief to qualifying taxpayers and fee payers who have been affected by wildfires in the counties of Los Angeles, Monterey, and [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/edd-and-boe-wildfire-tax-relief/</link>
			</item>
	<item>
		<title>CEO Personally Liable for Unremitted Taxes</title>
		<description><![CDATA[CEO of Long Distance Phone Service Reseller Personally Liable for Unremitted Taxes (Brinskele, FedCl)
An individual who was the chairman, president and CEO (&#8221;the CEO&#8221;) of a company that resold long distance telephone service had to pay the IRS an assessed penalty plus interest. The term &#8220;markup,&#8221; in the context of the litigation, referred to the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/ceo-personally-liable-for-unremitted-taxes/</link>
			</item>
	<item>
		<title>FTB Cash for Clunkers Tax Rules</title>
		<description><![CDATA[Clarification of the “Cash for Clunkers” Tax Rules
September 2009 &#8211; The federal “Cash for Clunkers” program has generated a lot of interest among consumers and we have received many inquires about the tax implications of this popular program.  As a result, we are clarifying state tax rules for people who trade in their used vehicle [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/ca-ftb/ftb-cash-for-clunkers-tax-rules/</link>
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	<item>
		<title>IRS May Mine Mortgage Data To Flush Out Tax Cheats</title>
		<description><![CDATA[IRS May Mine Mortgage Data To Flush Out Tax Cheats
Source: Dow Jones
WASHINGTON -(Dow Jones)- The Internal Revenue Service might scrutinize mortgage interest data more closely to help catch tax cheats, after prompting from an IRS auditor.
The tax collector said it will study whether it should make greater use of mortgage interest data provided to the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/irs-may-mine-mortgage-data-to-flush-out-tax-cheats/</link>
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	<item>
		<title>Who said the IRS is not generous?</title>
		<description><![CDATA[IRS Sends $122,783 Check by Mistake
House Cleaner Sensed it was an Error and Returned Check; IRS won&#8217;t Comment
 
SOURCE: CBS
A Denver-area house cleaner could hardly believe her eyes when she opened up the mail. She was expecting to pay the Internal Revenue Service, but instead she received a refund check for more than $100,000.
Laura Schultz [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/who-said-the-irs-is-not-generous/</link>
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	<item>
		<title>IRS &amp; UBS agreement</title>
		<description><![CDATA[IRS to Receive Unprecedented Amount of Information in UBS Agreement
WASHINGTON — The Internal Revenue Service and the Department of Justice today announced the successful negotiation of an agreement that will result in the IRS receiving an unprecedented amount of information on United States holders of accounts at the Swiss bank UBS.
As a result of this [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/irs-ubs-agreement/</link>
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	<item>
		<title>Tax Relief KY</title>
		<description><![CDATA[Kentucky Severe Storms and Flooding Victims May Qualify for IRS Disaster Relief
Indianapolis — Victims of recent severe storms flooding in Kentucky may qualify for tax relief from the Internal Revenue Service.
Following severe storms, flooding and straight-line winds on Aug. 4, 2009, the President declared Jefferson county a federal disaster area qualifying for individual assistance.
As a [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-relief-ky/</link>
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	<item>
		<title>California FTB &#8211; Personal Income Tax: 2009 Tax Rate Schedules Released</title>
		<description><![CDATA[California &#8211; Personal Income Tax: 2009 Tax Rate Schedules, Exemption and Other Amounts Released 
According to figures obtained from California Franchise Tax Board&#8217;s Tax Practitioner Liaisons Office, there will be decreases in the indexed 2009 California personal income tax rate schedules, return filing thresholds, standard deduction amounts, itemized deduction limitation amounts, personal exemption amounts, credit [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/ca-ftb/california-ftb-personal-income-tax-2009-tax-rate-schedules-released/</link>
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	<item>
		<title>Watchdog Growls At IRS&#8217; Audits By Mail</title>
		<description><![CDATA[Watchdog Growls At IRS&#8216; Audits By Mail
Source: forbes.com
A new report from the Treasury Inspector General for Tax Administration lends support to growing complaints about the Internal Revenue Service&#8217;s big audit-by-mail program.
The IRS has increasingly relied on these correspondence audits, focused on one or two narrow issues, to maintain its audit coverage of normal taxpayers as [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/watchdog-growls-at-irs-audits-by-mail/</link>
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	<item>
		<title>It’s easier to raise taxes if you don’t pay them</title>
		<description><![CDATA[Morality and Charlie Rangel’s Taxes 
It’s much easier to raise taxes if you don’t pay them.
Source: WSJ
Ever notice that those who endorse high taxes and those who actually pay them aren’t the same people? Consider the curious case of Ways and Means Chairman Charlie Rangel, who is leading the charge for a new 5.4-percentage point [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/it%e2%80%99s-easier-to-raise-taxes-if-you-don%e2%80%99t-pay-them/</link>
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	<item>
		<title>IRS Urgent Letters and Notices</title>
		<description><![CDATA[ 
IRS Urgent Letters and Notices That YOU MUST ATTEND TO
Mike Habib, EA
IRS Audit &#38; Examination Letters
Letter 525 – General 30 Day Letter
This letter accompanies a report giving you a computation of the proposed adjustments to your tax return. It informs you of the courses of action to take if you do not agree with the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/irs-urgent-letters-and-notices/</link>
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	<item>
		<title>Tax Relief</title>
		<description><![CDATA[Tax Relief
No one looks forward to the tax filing season. This period is associated with endless paperwork and sorting through receipts and other documents to get your tax accounts in order. And even with the use of tax programs, you are still at risk of encountering errors that can get you in the spot light [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-relief-2/</link>
			</item>
	<item>
		<title>IRS Tax Audits and Examinations</title>
		<description><![CDATA[
 

IRS Tax Audits and Examination
The US Internal Revenue Service organizes audits and examinations on tax returns to ensure tax compliance by both individuals and businesses. But because it’s virtually impossible to actually audit and examine every ITR for discrepancies, the audits are mostly randomized so your chances of getting picked for a particular year [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/irs-tax-audits-and-examinations/</link>
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	<item>
		<title>IRS reminder of ARRA</title>
		<description><![CDATA[

IRS Reminds Taxpayers to Take Advantage of Recovery Act Benefits
 
WASHINGTON —  With 2009 now half over, the Internal Revenue Service reminds taxpayers to take advantage of the numerous tax breaks made available earlier this year in the American Recovery and Reinvestment Act (ARRA).
 
The recovery law provides tax incentives for first-time homebuyers, people [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/irs-reminder-of-arra/</link>
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	<item>
		<title>Drywall tax relief</title>
		<description><![CDATA[
 
Drywall victims could get tax relief
WASHINGTON, D.C. &#8211; The Internal Revenue Service has declared that residents whose homes have been severely damaged by Chinese drywall may qualify for special tax deductions.
Homeowners may be able to claim a casualty loss on their tax returns if they have Chinese drywall that emits an unusual or severe [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/drywall-tax-relief/</link>
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	<item>
		<title>Tax Crack Down on CASH ECONOMY</title>
		<description><![CDATA[Hawaii Cash Economy Enforcement Act of 2009
 
On June 18, 2009, Governor Linda Lingle signed Senate Bill 972 SD2, HD1, CD1 into law as Act 134, the &#8220;Cash Economy Enforcement Act of 2009.&#8221;
 
This Act provides the department with additional resources and tools to target high-risk, cash-based transactions to shore up confidence in Hawaii&#8217;s tax [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/tax-crack-down-on-cash-economy/</link>
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	<item>
		<title>FL State Collection</title>
		<description><![CDATA[ Florida Department of Revenue Administrative Collection Processing Fee Beginning September 1, 2009
 
Effective May 30, 2009, a new law imposes a 10 percent administrative collection processing fee on any outstanding debt older than 90 days. The fee is equal to 10 percent of the total amount of tax, penalty, and interest owed, or $10 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/fl-state-collection/</link>
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	<item>
		<title>IRS List of Interest</title>
		<description><![CDATA[IRS Releases List of Transactions of Interest (Notice 2009-55)
The IRS has provided a list of transactions that have been identified by the Service as &#8220;transactions of interest.&#8221; The IRS will consider transactions similar to any of the transactions on the list to be transactions of interest for purposes of Code Secs. 6111, 6112, 6662A, 6707, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/irs-list-of-interest/</link>
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	<item>
		<title>Oregon Tax Amnesty</title>
		<description><![CDATA[Oregon: Tax Amnesty Program Enacted
Gov. Ted Kulongoski has signed legislation that authorizes the Oregon Department of Revenue (DOR) to initiate a tax amnesty program for taxpayers subject to the corporation excise (income) tax, the personal income tax, the inheritance tax, and the mass transit district tax on self-employment. The program will begin on October 1, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/oregon-tax-amnesty/</link>
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	<item>
		<title>Louisiana Tax Amnesty</title>
		<description><![CDATA[
 

Louisiana: Tax Amnesty Program Enacted
The Louisiana Tax Delinquency Amnesty Act of 2009, which requires the Department of Revenue (DOR) to develop and implement a tax amnesty program to be effective for a period not to exceed two consecutive calendar months between July 1, 2009, and June 30, 2010, at the discretion of the secretary, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/louisiana-tax-amnesty/</link>
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	<item>
		<title>Starting a New Business?</title>
		<description><![CDATA[ Top Seven Tips for Taxpayers Starting a New Business
IRS Summertime Tax Tip 2009-02
Anyone starting a new business this summer should be aware of their federal tax responsibilities. Here are the top seven things the IRS wants you to know if you plan on opening a new business this year.
 1. First, you must decide what type [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-help/starting-a-new-business/</link>
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	<item>
		<title>Construction Industry Tax Problems</title>
		<description><![CDATA[Construction Industry Tax Issues
 
Accumulated Earnings Tax
 
Closely held C corporations are more likely to accumulate earnings and profits beyond the reasonable needs of the business in order to avoid income taxes on its shareholders than are large C corporations. Each accumulated earnings case is unique. No pro forma guide for calculating a taxpayer’s reasonable [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/construction-industry-tax-problems/</link>
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	<item>
		<title>California IOU</title>
		<description><![CDATA[Registered Warrants Can Pay Your State Income Tax Bill


(Sacramento) &#8211; The Franchise Tax Board (FTB) announced it accepts California registered warrants (IOUs) as payment of current and past due personal and corporate tax obligations. 


 
To pay a tax liability with an IOU, endorse the IOU on the reverse side with the phrase &#8220;Pay to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/california-iou/</link>
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	<item>
		<title>IRS Tax Problem</title>
		<description><![CDATA[
 

IRS Did Not Fail to Properly Credit Checks Against Married Couple&#8217;s Tax Liability (Kovacevich, TCM)
The IRS properly credited five checks toward the outstanding tax liability of a law firm and not the individual tax liability of an attorney and his wife. For the tax year at issue, the taxpayer/husband was improperly characterized as an [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/irs-tax-problem/</link>
			</item>
	<item>
		<title>Avoid Tax Fraud</title>
		<description><![CDATA[

Abusive Tax Evasion Schemes
 
Resolve your tax problem and get tax relief today!
 
Examples of Abusive Tax Scheme Investigations &#8211; Fiscal Year 2009
 
The following examples of abusive tax schemes are written from public record documents on file in the courts in the judicial district in which the cases were prosecuted.
 
New Jersey Computer Consultant [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/avoid-tax-fraud/</link>
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	<item>
		<title>CA New Home Tax Credit</title>
		<description><![CDATA[CA New Home Tax Credit Going Fast


Sacramento – The Franchise Tax Board (FTB) announced today that the $100 million allocated by the state in new home tax credits will soon be gone.

As of June 17, 2009, FTB had received more than 9,800 applications claiming nearly $95 million. Because some of these applications are duplicates, revisions, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/ca-ftb/ca-new-home-tax-credit/</link>
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	<item>
		<title>Enrolled Agent vs. Tax Attorney</title>
		<description><![CDATA[Enrolled Agent vs. Tax Attorney / Tax Lawyer 
Dealing with tax problems entails a good amount of hard work and stress, which is why it is not advisable to deal with such problems on your own. It requires that you have a fair understanding not only of the taxation process but also of how the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/enrolled-agents-vs-tax-lawyers/</link>
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	<item>
		<title>Tax Relief for Truckers &#8211; Truck Drivers</title>
		<description><![CDATA[Tax Relief for Truckers &#8211; Truck Drivers
 
In face of tighter enforcement measures that the IRS is expected to use to strengthen its tax collection and monitoring policies, tax problems have become, if possibly, more stressful to deal with. Among truck drivers, in particular, the need to immediately address tax problems is more pressing than it [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-relief-for-truckers-truck-drivers/</link>
			</item>
	<item>
		<title>Tax Relief for Realtors</title>
		<description><![CDATA[Tax Relief for Realtors
 
It is very important for real estate professionals to act on tax problems like excessive tax debt, unfiled returns, back taxes, and self employment tax before these aggravate into expensive and potentially damaging problems. Tax problems the likes of those enumerated above can seriously hurt an individual or a company’s reputation [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-relief-for-realtors/</link>
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	<item>
		<title>Cell phone taxability?</title>
		<description><![CDATA[ Make any personal calls on that company cell phone? That&#8217;s a &#8220;fringe benefit&#8221; of your job, according to a 20-year-old law, and the IRS is looking to collect. 
The Wall Street Journal reports that the IRS wants to step up enforcement of the 1989 law, which holds that employees who make personal calls on [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/cell-phone-taxability/</link>
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	<item>
		<title>Payroll tax responsibility</title>
		<description><![CDATA[

Outsourcing Payroll Duties Can Be a Sound Business Practice, But&#8230; Know Your Tax Responsibilities as an Employer
Many employers outsource some of their payroll and related tax duties to third-party payroll service providers. They can help assure filing deadlines and deposit requirements are met and greatly streamline business operations. Some of the services they provide are:

Administering [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/payroll-tax-problems/payroll-tax-responsibility/</link>
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	<item>
		<title>Payroll tax fraud</title>
		<description><![CDATA[

ORLANDO MAN SENTENCED FOR $181 MILLION PAYROLL-TAX FRAUD

Orlando, Florida &#8211; United States Attorney A. Brian Albritton announces that U.S. District Judge John Antoon, II, today sentenced Frank L. Amodeo (age 48, of Orlando) to 22 years and six months in federal prison for conspiring to commit wire fraud, to obstruct an agency proceeding, and to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/payroll-tax-problems/payroll-tax-fraud/</link>
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	<item>
		<title>Special Tax Break</title>
		<description><![CDATA[

Special Tax Break on New Car Purchases Available in States With No Sales Tax
 
The Internal Revenue Service and Treasury Department today announced that a tax break for the purchase of new motor vehicles is available in states that do not have a state sales tax. Under the American Recovery and Reinvestment Act of 2009, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/special-tax-break/</link>
			</item>
	<item>
		<title>Tax Relief Video</title>
		<description><![CDATA[Mike Habib, EA Tax Relief on YouTube
]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-relief-video/</link>
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	<item>
		<title>Get your IRS Tax Problems solved and relax</title>
		<description><![CDATA[Get your IRS Tax Problems solved and relax
 
Do not lose sleep over your mounting tax debt – Internal Revenue Service (IRS) has designed a program to enable willing taxpayers to get some relief from the amount of tax owed by accepting less than their tax debt liabilities or allowing them installment payments or a holiday [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/get-your-irs-tax-problems-solved-and-relax/</link>
			</item>
	<item>
		<title>Getting to Grips with Wage Garnishment</title>
		<description><![CDATA[Getting to Grips with Wage Garnishment
Have you ever heard of a wage garnishment? If you haven&#8217;t, and you are responsible for paying the IRS what you owe them, then you should read on! If you&#8217;re in a position where you owe the IRS money already, then you shouldn&#8217;t just read on, but take note because [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/getting-to-grips-with-wage-garnishment/</link>
			</item>
	<item>
		<title>Are you a Victim of Identity Theft?</title>
		<description><![CDATA[Are you a Victim of Identity Theft?
 
In April 2009, the IRS released a new form for taxpayers who have experienced, or are at risk of harm from, identity theft. Form 14039, IRS Identity Theft Affidavit, is used to report identity theft to the IRS. FTB does not have a similar form, FTB do have [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/are-you-a-victim-of-identity-theft/</link>
			</item>
	<item>
		<title>HI Tax Relief</title>
		<description><![CDATA[Hawaii – Tax Amnesty Program Announced

The State of Hawaii Department of Taxation announced that it is offering a &#8220;Tax Fresh Start Program,&#8221; running from May 27, 2009 through June 26, 2009. 
The program provides an opportunity for eligible taxpayers to pay their back taxes to the state while avoiding penalties and potentially avoiding referral for [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/hi-tax-relief/</link>
			</item>
	<item>
		<title>IRS seeks more regulation</title>
		<description><![CDATA[IRS to seek more regulation of tax preparers
The IRS reported that it is working on new rules that will require paid tax preparers to be licensed. This will improve tax compliance and reduce tax preparer fraud; IRS Commissioner Doug Shulman announced that on June 4, 2009.
A whopping eighty percent of taxpayers get help with their [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/irs-seeks-more-regulation/</link>
			</item>
	<item>
		<title>Florida Tax Relief</title>
		<description><![CDATA[Florida Severe Storm and Flooding Victims May Qualify for IRS Disaster Tax Relief
 

 
Added Leon, Levy and Wakulla counties, 5/12/09
Added Dixie and Gilchrist counties, 5/4/09
Ft. Lauderdale — Victims of recent severe storms and flooding in Florida may qualify for tax relief from the Internal Revenue Service.
Following severe storms, flooding, tornados and straight-line winds on March 26, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/florida-tax-relief/</link>
			</item>
	<item>
		<title>UBS Client Charged &#8211; First to Plead Guilty</title>
		<description><![CDATA[UBS CLIENT PLEADS GUILTY TO FILING FALSE TAX RETURN HID ASSETS WORTH $3 MILLION IN SECRET SWISS BANK ACCOUNT 
Ft. Lauderdale Yacht Broker Second UBS Client Charged, First to Plead Guilty 
WASHINGTON &#8211; Robert Moran, of Lighthouse Point, Fla., pleaded guilty on criminal information charging him with filing a false income tax return, the Justice [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/ubs-client-charged-first-to-plead-guilty/</link>
			</item>
	<item>
		<title>Tax Preparer Fraud &#8211; Beware!</title>
		<description><![CDATA[U.S. JUDGE BARS TWO CONNECTICUT RESIDENTS FROM PREPARING FEDERAL TAX RETURNS FOR OTHERS 
Father and Daughter Prepared Tax Returns That Falsified and Inflated Deductions for Customers 
WASHINGTON – A federal district court in Connecticut has permanently barred Wethersfield residents Deowraj Buddhu and his daughter, Sunita Buddhu, from preparing federal tax returns for others. Mr. Buddhu [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/tax-preparer-fraud-beware/</link>
			</item>
	<item>
		<title>Tax Evasion? Resolve!</title>
		<description><![CDATA[TAX SHELTER PROMOTER PLEADS GUILTY TO CONSPIRING TO IMPEDE AND IMPAIR THE IRS 
WASHINGTON – Anthony G. Merlo, a former resident of Fort Worth, Texas, and the U.S. Virgin Islands, pleaded guilty to conspiracy to defraud the United States, the Justice Department and Internal Revenue Service (IRS) announced. Merlo appeared before Magistrate Judge Ellen S. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/tax-evasion-resolve/</link>
			</item>
	<item>
		<title>IRS Tax Audits on the Rise</title>
		<description><![CDATA[IRS is hiring hundreds of Internal Revenue Agents
The IRS is hiring hundreds of Internal Revenue Agents – It’s a great time to join the agency!
The IRS has begun a major hiring effort to fill hundreds of critical jobs nationwide. Most of these jobs are for internal revenue agent positions (look for series number 0512). At [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/irs-tax-audits-on-the-rise/</link>
			</item>
	<item>
		<title>IRS TAX HELP &#8211; Q1 2009 Tax Update</title>
		<description><![CDATA[ IRS TAX HELP &#8211; First Quarter 2009 Tax Update

While the new law tax changes in the American Recovery and Reinvestment Act of 2009 were the most significant developments in the first quarter of 2009, many other tax developments may affect you, your family, and your livelihood. These other key developments in the first quarter [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/irs-tax-help-q1-2009-tax-update/</link>
			</item>
	<item>
		<title>First-Time Homebuyer Credit</title>
		<description><![CDATA[

IRS Q&#38;As shed some new light on the homebuyer credit


First-Time Homebuyer Credit: Questions and Answers, IRS Web Site
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution Services
IRS has posted a number of questions and answers (Q&#38;As) on the first-time homebuyer credit on its web site. They are grouped into four categories: basic information; homes purchased [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/first-time-homebuyer-credit/</link>
			</item>
	<item>
		<title>IRS Dirty Dozen</title>
		<description><![CDATA[

IRS unveils 2009 list of notorious tax scams—the “Dirty Dozen” IR 2009-41

Mike Habib, EA Tax Relief &#38; Tax Problem Resolution Services

IRS has unveiled its latest list of notorious tax scams, which it calls the “Dirty Dozen,” highlighted by schemes involving phishing, hiding income offshore and false claims for refunds. IRS warns that these tax schemes [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/irs-dirty-dozen/</link>
			</item>
	<item>
		<title>Tax Relief Today</title>
		<description><![CDATA[Get Tax Relief Today
It’s important for you to file your income tax return on time, even if you cannot pay. The IRS does not take delays lightly, so if you already know that you’re going to have a difficult time paying your taxes in full, you want to start exploring your options for tax relief [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/tax-relief-today/</link>
			</item>
	<item>
		<title>UK Payroll Issues</title>
		<description><![CDATA[
U.K. revises rules on how short-term business trips by employees from other countries are taxed [HMRC website]:  
The United Kingdom&#8217;s tax agency, Her Majesty&#8217;s Revenue and Customs (HMRC), has amended its Employment Procedures (EP) manual with respect to the taxation of income earned by employees from other countries who are working in the U.K. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/payroll-tax-problems/uk-payroll-issues/</link>
			</item>
	<item>
		<title>Innocent Spouse Relief</title>
		<description><![CDATA[
Tax Court finds regs imposing time limit on request for relief from joint and several liability invalid Lantz, (2009) 132 TC No. 8 
Mike Habib, EA Tax Relief &#38; IRS Tax Help
The Tax Court has concluded that Reg. § 1.6015-5(b)(1), which provides that a spouse must request relief under Code Sec. 6015(f) no later than [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/innocent-spouse-relief/</link>
			</item>
	<item>
		<title>IRS Tax Help</title>
		<description><![CDATA[Recession Offers the Best Opportunity to Obtain Tax Relief
American taxpayers are afforded the best IRS tax help in this financial crisis.
Pasadena, CA &#8211;(PR.com) &#8212; The current financial crisis is the best time to get IRS tax help. Just recently, the IRS has announced that it will adopt a more humane approach to taxpayers who are [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/irs-tax-help/</link>
			</item>
	<item>
		<title>Making Work Pay Credit</title>
		<description><![CDATA[
IRS posts Q&#38;As on the Making Work Pay Credit
Making Work Pay Credit: Questions and Answers, IRS Web Site 
IRS has posted a number of questions and answers (Q&#38;As) on the Making Work Pay Credit (MWPC) on its web site. They are grouped into four categories: general issues, Form W-4, new withholding tables, and economic recovery [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/making-work-pay-credit/</link>
			</item>
	<item>
		<title>G-20 Accounting Reform</title>
		<description><![CDATA[
G-20 includes accounting reform in proposed overhaul of market regulation
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution

Summary: The heads of the leading 20 world economies called on accounting standard-setters to revise fair value guidance and adopt a single, global set of global accounting rules. The leaders also agreed to regulate hedge funds, increase oversight [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/g-20-accounting-reform/</link>
			</item>
	<item>
		<title>Payroll Tax Relief</title>
		<description><![CDATA[Roundup of recent employment tax related cases of interest
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution
Federal courts have recently issued rulings on: (1) whether medical residents may qualify for the student FICA exception, (2) whether an employee&#8217;s embezzlement was reasonable cause for failing to remit withholding taxes, and (3) whether the sole owner of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/payroll-tax-problems/payroll-tax-relief/</link>
			</item>
	<item>
		<title>FTB Tax Problems</title>
		<description><![CDATA[
Former Vice President of Finance Pleads Guilty to Grand Theft, False State Income Tax Returns
A Chatsworth man pleaded guilty to one felony count of grand theft and one felony count of filing a false state income tax return.
James I. Ha, 35, was employed as the vice president of finance for a local marketing company. According [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/ca-ftb/ftb-tax-problems/</link>
			</item>
	<item>
		<title>Settle with IRS</title>
		<description><![CDATA[Most Tax Procrastinating City in America

Settle with IRS and resolve your tax problems by contacting the tax firm of Mike Habib, EA at 1-877-78-TAXES or online at myirstaxrelief.com


As reported by Intuit, maker of TurboTax.
 
SAN DIEGO&#8211;(BUSINESS WIRE)&#8211;April 1, 2009&#8211;It’s the 50 yard dash to the April 15 tax deadline and Intuit (NASDAQ: INTU), the maker of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/settle-with-irs/</link>
			</item>
	<item>
		<title>IRS Tax Help for Expats</title>
		<description><![CDATA[Adverse conditions may allow certain U.S. citizens to claim foreign earned income and housing cost exclusions [Rev Proc 2009-22]:  
Individuals who were forced to leave certain foreign countries in 2008 because of adverse conditions may still qualify as bona fide residents of that country for purposes of the IRC §911 foreign income tax exclusion.  Under [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/irs-tax-help-for-expats/</link>
			</item>
	<item>
		<title>Subsidiary employment tax problem</title>
		<description><![CDATA[
Subsidiary&#8217;s employment tax liability cannot be collected from the parent corporation [Chief Counsel Advice 200913052]:  
The IRS Office of Chief Council has expressed its opinion in a new Chief Council Advice (CCA) that the employment tax liability of a subsidiary corporation in a consolidated group cannot be collected from the parent corporation. 
A “subsidiary” [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/payroll-tax-problems/sunsidiary-employment-tax-problem/</link>
			</item>
	<item>
		<title>Offshore Tax Settlement</title>
		<description><![CDATA[

IRS announces settlement offer for those that voluntarily disclose unreported offshore income
 
Mike Habib, EA Tax Relief &#38; Tax Resolution Services
IRS Commissioner Doug Shulman has announced what is in effect a settlement offer for those that voluntarily and timely disclose unreported offshore income. Those meeting the terms of the offer will have to pay back-taxes [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/offshore-tax-settlement/</link>
			</item>
	<item>
		<title>IRS Levies on the rise despite the recession</title>
		<description><![CDATA[IRS wage garnishment levy and IRS bank levy tax relief
Collecting tax revenue in the face of recession has been – and will continue to be – a challenge for the IRS. There is an increase in the number of taxpayers unable to pay their back taxes due to loss of main income and other such [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/irs-levies-on-the-rise-despite-the-recession/</link>
			</item>
	<item>
		<title>Solve Your Payroll Tax Problems 940 / 941</title>
		<description><![CDATA[Solve Your Payroll Tax Problems 940 / 941
It’s fairly common for businesses – no matter what size – to struggle with some sort of payroll tax issue or another. Even companies that use good payroll software to sort out their entire payroll related taxes are still prone to errors. The IRS implements strict guidelines when [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/solve-your-payroll-tax-problems-940-941/</link>
			</item>
	<item>
		<title>How small businesses can use the new longer NOL carryback to achieve maximum tax savings</title>
		<description><![CDATA[

How small businesses can use the new longer NOL carryback to achieve maximum tax savings
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution
The American Recovery and Reinvestment Act of 2009 (commonly referred to as the Recovery Act), which was signed into law on Feb. 17, 2009, makes a number of beneficial changes for businesses. A [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/how-small-businesses-can-use-the-new-longer-nol-carryback-to-achieve-maximum-tax-savings/</link>
			</item>
	<item>
		<title>Details of IRS Tax Penalties</title>
		<description><![CDATA[IRS Tax Penalties in Detail
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution
The Internal Revenue Code imposes many different kinds of penalties, ranging from civil fines to imprisonment for criminal tax evasion. 
If you do not file your return and pay your tax by the due date, you may have to pay a penalty. You [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/details-of-irs-tax-penalties/</link>
			</item>
	<item>
		<title>Summary of IRS tax penalty rules</title>
		<description><![CDATA[

Summary of IRS tax penalty rules 
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution
Taxpayers who do not file their tax return and pay their tax by the due date may have to pay a penalty. Here are seven things you should know about failure-to-file and failure-to-pay penalties.



The       failure-to-file [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/summary-of-irs-tax-penalty-rules/</link>
			</item>
	<item>
		<title>IRS Tax Relief to Madoff Investors</title>
		<description><![CDATA[
 
IRS giving relief to some Madoff investors
By MARCY GORDON, AP Business Writer
WASHINGTON – The Internal Revenue Service issued guidelines Tuesday that will allow tax relief and refunds for some Bernard Madoff victims who were levied for investment earnings that turned out to be nonexistent.
IRS Commissioner Douglas Shulman told Congress the guidelines are for taxpayers [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/irs-tax-relief-to-madoff-investors/</link>
			</item>
	<item>
		<title>Chances of being audited?</title>
		<description><![CDATA[What are your chances for being audited? IRS&#8217;s 2008 data book provides some clues IR 2009-22 
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution

IRS has issued its annual data book, which provides statistical data on its fiscal year (FY) 2008 activities. As this article explains, the data book provides valuable information about how many [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/chances-of-being-audited/</link>
			</item>
	<item>
		<title>The Financial Crisis Opens Opportunities for Tax Relief to Burdened Americans</title>
		<description><![CDATA[Pasadena, CA March 13, 2009 – The current recession offers the best opportunity for individuals and businesses to address their tax issues and effectuate a tax settlement with the IRS. The Internal Revenue Service has announced its willingness to resolve and settle delinquent tax accounts; this will help those taxpayers who’ve been struggling for years [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/the-financial-crisis-opens-opportunities-for-tax-relief-to-burdened-americans/</link>
			</item>
	<item>
		<title>Tax Withheld on Sale of Real Estate in California</title>
		<description><![CDATA[Get your CA FTB withheld tax refund today by contacting Mike Habib, EA at 1-877-78-TAXES (1-877-788-2937) 
CA Tax Rates
According to the California State Franchise Tax Board (FTB), partnerships that are not based in California should file withholding tax on the sale of real estate in the state. The CA tax rate is at 3 1/3 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-withheld-on-sale-of-real-estate-in-california/</link>
			</item>
	<item>
		<title>IRS Levy</title>
		<description><![CDATA[TIGTA audits effectiveness of the Federal Payment Levy Program [Audit Report No. 2009-40-031]:
 
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution  
 
An IRS program to collect delinquent taxes through the use of levies needs some changes in order to reduce taxpayer burden, the Treasury Inspector General for Tax Administration (TIGTA) said in [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/irs-levy/</link>
			</item>
	<item>
		<title>Tax Relief &#8211; IRS Tax Debt Relief</title>
		<description><![CDATA[ Tax Relief Services
Filing tax returns is a necessary hassle, and everyone – even prudent individuals &#8211; are prone to errors. Tax delinquency is becoming a common problem as the harsh economy renders more people incapable of paying their taxes for various reasons.
Luckily, resolving delinquent tax liabilities need not be traumatic. If you’re one of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/tax-relief/</link>
			</item>
	<item>
		<title>Tax Relief, Tax Help</title>
		<description><![CDATA[
 
Homeowners whose debt is forgiven under Treasury&#8217;s “Making Home Affordable” initiative may be entitled to tax relief

Relief for Responsible Homeowners: Treasury Announces Requirements for the Making Home Affordable 
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution
On Mar. 4, Treasury release the first details on two programs designed to offer mortgage relief to struggling [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/tax-relief-tax-help/</link>
			</item>
	<item>
		<title>Payroll tax problem resolution</title>
		<description><![CDATA[
 
Fifth Circuit finds tax-exempt hospital&#8217;s chairman liable for trust fund penalty

Verret v. U.S., (CA 5 2/26/2009) 103 AFTR 2d ¶2009-576
 Mike Habib, EA Tax Relief &#38; Tax Problem Resolution

In an unpublished per curiam decision, the Court of Appeals for the Fifth Circuit has affirmed a district court&#8217;s finding that the chairman of the board [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/payroll-tax-problem-resolution/</link>
			</item>
	<item>
		<title>Real Estate Agent Passive Activity Losses</title>
		<description><![CDATA[
 
Licensed real estate agent&#8217;s activities count for PAL qualifying real estate professionals’ exception

Agarwal, TC Summary Opinion 2009-29
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution

In a Summary Opinion, the Tax Court has held that a licensed real estate agent&#8217;s activities counted for purposes of the Code Sec. 469 passive loss exception for qualifying real [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/real-estate-agent-passive-activity-losses/</link>
			</item>
	<item>
		<title>IRS has a check for you</title>
		<description><![CDATA[IRS has a check for you
 
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution
 
IR-2009-16, March 3, 2009
 
WASHINGTON — Unclaimed refunds totaling approximately $1.3 billion are awaiting over a million people who did not file a federal income tax return for 2005, the Internal Revenue Service announced today. However, to collect the money, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/irs-has-a-check-for-you/</link>
			</item>
	<item>
		<title>1099 tax problems</title>
		<description><![CDATA[GAO report says noncompliance with 1099-Misc reporting requirements contributes to the tax gap [GAO-09-238]:  
 
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution
 
A “significant problem” may exist regarding the extent to which third party payers fail to submit required Form 1099-MISC information returns, the Government Accountability Office (GAO) said in a report [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/1099-tax-problems/</link>
			</item>
	<item>
		<title>More funding to the IRS</title>
		<description><![CDATA[President&#8217;s budget proposal includes funds to improve IRS:

Mike Habib, EA Tax Relief &#38; Tax Problem Resolution

President Obama&#8217;s fiscal year 2010 budget proposal, totaling $3.6 trillion, includes funding “for a robust portfolio of IRS international tax compliance initiatives,” according to budget documents released on Feb. 26. 
 
The new administration also wants “to improve the quality [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/more-funding-to-the-irs/</link>
			</item>
	<item>
		<title>Tax changes you should be aware of</title>
		<description><![CDATA[ How individuals are affected by tax changes in the American Recovery and Reinvestment Act of 2009 
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution
 
The American Recovery and Reinvestment Act of 2009 (commonly referred to as the Recovery Act), which was signed into law on Feb. 17, 2009, makes a number of beneficial [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/tax-changes-you-should-be-aware-of/</link>
			</item>
	<item>
		<title>Innocent Spouse Tax Relief</title>
		<description><![CDATA[ Widow entitled to equitable spousal relief for some years

Martinez, TC Memo 2008-165
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution 

The Tax Court held that a widow was entitled to equitable spousal relief for two of four tax years even though she had knowledge of her and her husband&#8217;s tax liabilities, because she took [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/innocent-spouse-tax-relief-2/</link>
			</item>
	<item>
		<title>Form 5405 First-Time Homebuyer Credit</title>
		<description><![CDATA[ Newly revised 2008 Form 5405, First-Time Homebuyer Credit, reflects Recovery Act IR 2009-14
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution 
In a news release issued on Feb. 25, 2009, IRS has announced that it has posted a revised version of the 2008 Form 5405, First-Time Homebuyer Credit, to reflect recent improvements to the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/past-due-tax-returns/form-5405-first-time-homebuyer-credit/</link>
			</item>
	<item>
		<title>Obama Business Tax Impact</title>
		<description><![CDATA[ The American Recovery and Reinvestment Act of 2009 (commonly referred to as the Recovery Act), which was signed into law on Feb. 17, 2009, makes a number of beneficial changes for business. Here&#8217;s a review of the more widely applicable provisions that could have an impact on you and your enterprise.
Mike Habib, EA Tax [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/obama-business-tax-impact/</link>
			</item>
	<item>
		<title>Major Tax Changes</title>
		<description><![CDATA[President&#8217;s FY 2010 budget will propose many major tax changes for businesses and individuals


“A New Era of Responsibility: Renewing America&#8217;s Promise,” the Administration&#8217;s preview of its FY 2010 budget, is available at http://www.omb.gov
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution

On Feb. 26, 2009, the Obama Administration released a document titled “A New Era of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/major-tax-changes/</link>
			</item>
	<item>
		<title>Energy tax incentives</title>
		<description><![CDATA[ Energy tax incentives in the American Recovery and Reinvestment Act of 2009
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution
 
The recently enacted “American Recovery and Reinvestment Act of 2009” (the 2009 economic stimulus act) includes a package of tax incentives to encourage investments in renewable energy projects or more-efficient technologies. I&#8217;m writing to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/energy-tax-incentives/</link>
			</item>
	<item>
		<title>Business tax changes</title>
		<description><![CDATA[ Business tax changes in the American Recovery and Reinvestment Act of 2009
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution 
 
I&#8217;m writing to give you an overview of the key tax changes affecting business in the recently enacted “American Recovery and Reinvestment Act of 2009” (the 2009 economic stimulus act). Please call our [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/business-tax-changes/</link>
			</item>
	<item>
		<title>Expanded college credit</title>
		<description><![CDATA[ Expanded college credit in the American Recovery and Reinvestment Act of 2009
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution
 
The recently enacted “American Recovery and Reinvestment Act of 2009” (the 2009 economic stimulus act) includes a measure aimed at making college more affordable for low and moderate-income students. The new provision temporarily enlarges [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/expanded-college-credit/</link>
			</item>
	<item>
		<title>Enhanced first-time homebuyer credit</title>
		<description><![CDATA[ Enhanced first-time homebuyer credit in the American Recovery and Reinvestment Act of 2009
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution
 
In hopes of spurring the housing industry, the recently enacted “American Recovery and Reinvestment Act of 2009” (the 2009 economic stimulus act) includes an enhanced tax credit for first-time homebuyers. Here are the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/unfiled-tax-returns/enhanced-first-time-homebuyer-credit/</link>
			</item>
	<item>
		<title>Making Work Pay tax credit</title>
		<description><![CDATA[ “Making Work Pay” tax credit in the American Recovery and Reinvestment Act of 2009
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution

The recently enacted “American Recovery and Reinvestment Act of 2009” (the 2009 economic stimulus act) contains a wide-ranging tax package that includes tax relief for low and moderate-income wage earners, individuals and families [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/making-work-pay-tax-credit/</link>
			</item>
	<item>
		<title>Tax changes affecting individuals and families</title>
		<description><![CDATA[ Tax changes affecting individuals and families in the American Recovery and Reinvestment Act of 2009
Mike Habib, EA Tax Relief &#38; Tax Problem Resolution
The recently enacted “American Recovery and Reinvestment Act of 2009” (the 2009 economic stimulus act) contains a wide-ranging tax package that includes tax relief for low and moderate-income wage earners, individuals and [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/tax-changes-affecting-individuals-and-families/</link>
			</item>
	<item>
		<title>Offshore tax evasion</title>
		<description><![CDATA[Battle over UBS secret accounts is before US court

Associated Press 

MIAMI_U.S. tax authorities should quickly gain access to the secret accounts of 52,000 wealthy Americans at Swiss bank UBS AG to stop continuing tax evasion, U.S. lawyers told a federal judge.

&#8220;The United States does not believe justice is served by delay,&#8221; said Justice Department tax [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/offshore-tax-evasion/</link>
			</item>
	<item>
		<title>Audit mistakes by the IRS</title>
		<description><![CDATA[TIGTA assesses how well IRS Examination function scrutinizes all open tax periods during audits [Audit Report No. 2009-30-034]:  
 
IRS Examination function employees do not always appropriately inspect and examine prior and/or subsequent year tax returns when warranted, the Treasury Inspector General for Tax Administration (TIGTA) said in a new audit. 
 
Auditors reviewed [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/audit-mistakes-by-the-irs/</link>
			</item>
	<item>
		<title>Offer in compromise tax relief</title>
		<description><![CDATA[
 IRS not obligated to accept offer in compromise
 
Bennett, TC Memo 2008-251 
Mike Habib, EA

The Tax Court held that the IRS did not abuse its discretion when it refused to accept the taxpayer&#8217;s settlement offer, which was higher than the amount it had calculated the taxpayer could pay. Instead the Service could place part [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/offer-in-compromise-tax-relief/</link>
			</item>
	<item>
		<title>Independent contractor tax relief</title>
		<description><![CDATA[Seventh Circuit classifies computer programmer as an independent contractor


Suskovich v. Anthem Health Plans of Virginia, Inc., (CA 7 1/22/2009) 103 AFTR 2d ¶2009-385

The Court of Appeals for the Seventh Circuit, affirming a district court, has concluded that a computer programmer was an independent contractor and not an employee. 

Facts. Anthony Suskovich worked for WellPoint/Anthem (WellPoint) [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/independent-contractor-tax-relief/</link>
			</item>
	<item>
		<title>Madoff IRS Tax Relief</title>
		<description><![CDATA[IRS urged to issue pre-April 15 guidance for Madoff victims

An influential voice in politics, former New York State Governor George Pataki, has asked IRS to issue pre-Apr. 15 guidance for victims of the Ponzi scheme alleged to have been perpetrated by dealer and advisor Bernard Madoff and his firm. Separately, members of the Senate Banking [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/madoff-irs-tax-relief/</link>
			</item>
	<item>
		<title>Tax developments that may affect you</title>
		<description><![CDATA[ While the new law tax changes in the Emergency Economic Stabilization Act of 2008 were the most significant developments in the final quarter of 2008, many other tax developments may affect you, your family, and your livelihood. These other key developments in the final quarter of 2008 are summarized below. Please call us for [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/unfiled-tax-returns/tax-developments-that-may-affect-you/</link>
			</item>
	<item>
		<title>Release your federal tax lien</title>
		<description><![CDATA[IRS Speeds Lien Relief for Homeowners Trying to Refinance, or Sell their house
 
Contact Mike Habib, EA to release your IRS Federal Tax lien

The Internal Revenue Service announced an expedited process that will make it easier for financially distressed homeowners to avoid having a federal tax lien block refinancing of mortgages or the sale of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/release-your-federal-tax-lien/</link>
			</item>
	<item>
		<title>Tax Controversy</title>
		<description><![CDATA[As you can see from the article below, the IRS tax code is getting more complicated than ever. Further, the IRS’s reach of audits has no limits.
If you have a tax problem, can not pay your tax bill or is facing an IRS tax audit contact us now.
Tax problem complicates Geithner’s confirmation process
As reported by the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/tax-controversy/</link>
			</item>
	<item>
		<title>Vital tax figures</title>
		<description><![CDATA[As you start to organize your records for your 2009 tax preparation, I thought you might find this brief rundown of 2009 tax changes useful.
* ADOPTION TAX CREDIT increases to $12,150 for adoption
of an eligible child.
* SECTION 179 maximum deduction decreases to $133,000.
Phase-out threshold is $530,000. (It is generally
expected that a stimulus law in early [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/vital-tax-figures/</link>
			</item>
	<item>
		<title>No More Tax Problems</title>
		<description><![CDATA[No More Tax Problems in 2009

 
Mike Habib, EA
 
Here is a New Year resolution you can’t afford to ignore… No more tax problems!! Yes, you can get rid of your tax problems in 2009.
 
You can solve your tax problems and get tax relief through our tax resolution services. You can finally get a [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/no-more-tax-problems/</link>
			</item>
	<item>
		<title>Offer In Compromise</title>
		<description><![CDATA[ Taxpayer&#8217;s failure to timely file breached offer-in-compromise justified renewed collection action Trout, (2008) 131 TC No. 16 


Mike Habib, EA
The Tax Court has concluded that IRS didn&#8217;t abuse its discretion in finding that a taxpayer had breached his offer-in-compromise (OIC) and deciding to proceed with its collection efforts where the OIC made timely filing [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/offer-in-compromise/</link>
			</item>
	<item>
		<title>S Corporation Tax</title>
		<description><![CDATA[ Capital contributions did not restore or increase shareholders&#8217; tax bases in loans to S corporations Nathel, (2008) 131 TC No. 17 
Mike Habib, EA
The Tax Court has held that taxpayers&#8217; capital contributions to S corporations did not constitute income to the S corporations and that the contributions did not restore or increase their tax [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/s-corporation-tax/</link>
			</item>
	<item>
		<title>Last minute reminder</title>
		<description><![CDATA[ IRS reminds taxpayers to make use of recent tax law changes before December 31st [Fact Sheet 2008-26]:  
Mike Habib, EA
With the end of tax year 2008 just weeks away, IRS has issued a number of tax tips that taxpayers should consider. 
Among the tips are the following—first-time homebuyers (those who have not owned [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/last-minute-reminder/</link>
			</item>
	<item>
		<title>Year-end charitable contributions</title>
		<description><![CDATA[ IRS tips for year-end charitable contributions IR 2008-138 
Mike Habib, EA
IRS reminds individuals and businesses making contributions to charity that they should keep in mind several important tax law provisions that have taken effect in recent years. One provision offers older owners of individual retirement arrangements (IRAs) a different way to give to charity. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/year-end-charitable-contributions/</link>
			</item>
	<item>
		<title>Tax Relief Roadmap</title>
		<description><![CDATA[ A roadmap to disaster area tax relief in 2008 legislation 
Mike Habib, EA

The 2008 calendar year has seen more than the usual share of natural disasters in the U.S., and legislation designed to provide tax relief to the victims. By and large, legislative relief has been granted on an ad-hoc basis, with an attempt [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/tax-relief-roadmap/</link>
			</item>
	<item>
		<title>Expat Tax Help</title>
		<description><![CDATA[ IRS boosts 2008 housing cost allowances for those working abroad in high-cost areas Notice 2008-107, 2008-50 IRB 
Mike Habib, EA
A new Notice effectively increases the maximum housing cost exclusion for U.S. citizens and residents working abroad in specified high-cost locations. The increases are based on geographic differences in foreign housing costs relative to U.S. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/expat-tax-help/</link>
			</item>
	<item>
		<title>S Corp Officer Pay</title>
		<description><![CDATA[ Fact sheet explains wage compensation of S corporation officers Fact Sheet 2008-25 

Mike Habib, EA
A recently released IRS fact sheet provides useful information for S corporations and their owners concerning the proper tax treatment when corporate officers perform services for the entity. Specifically, it explains the proper employment tax treatment of payments made to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/s-corp-officer-pay/</link>
			</item>
	<item>
		<title>IRS &amp; Bank NOL</title>
		<description><![CDATA[ Senators question Treasury&#8217;s liberalization of bank NOL rules

Mike Habib, EA
Senator Chuck Grassley (R-IA), ranking member of the Committee on Finance, and Senator Charles E. Schumer (D-NY), have questioned a controversial IRS Notice that changed the existing rules to allow banks to deduct the built-in losses of other banks that they acquired. Code Sec. 382 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/irs-bank-nol/</link>
			</item>
	<item>
		<title>Farmer&#8217;s Tax Guide</title>
		<description><![CDATA[ Farmer&#8217;s Tax Guide highlights administrative and tax law changes for 2008 IRS Publication 225 


Mike Habib, EA 
IRS recently released Publication 225, Farmer&#8217;s Tax Guide, for use in preparing 2008 returns on its web site. It highlights several administrative and tax law changes for 2008 and 2009. 
What&#8217;s new for 2008. IRS Publication 225 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/farmers-tax-guide/</link>
			</item>
	<item>
		<title>H-1B Visa Payroll Problem</title>
		<description><![CDATA[ IT company owes nearly $1.7 million in back wages due to H-1B Visa Program violations [DOL ESA News Release, 10/30/08]:  
Mike Habib, EA
An information technology (IT) company has agreed to pay $1,683,584 in back wages to 343 non-immigrant workers after a Department of Labor (DOL) investigation found that the company had violated the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/payroll-tax-problems/h-1b-visa-payroll-problem/</link>
			</item>
	<item>
		<title>Employment Tax Rulings</title>
		<description><![CDATA[ Roundup of recent employment tax rulings
Mike Habib, EA
There have been several recent rulings issued in the employment tax area. Here is a summary:


Joint employment. A federal district court has ruled that a property management company was the joint employer of leasing consultants who worked out of the management company&#8217;s call center through three different [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/employment-tax-rulings/</link>
			</item>
	<item>
		<title>Gambling winnings or losses?</title>
		<description><![CDATA[Gambling winnings or losses? 

Mike Habib, EA

As a US taxpayer, you can deduct gambling losses only if you itemize your deductions on form 1040. You can claim your gambling losses as a miscellaneous deduction on IRS Form 1040, Schedule A. However, the amount of losses you deduct can not total more than the amount of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/gambling-winnings-or-losses/</link>
			</item>
	<item>
		<title>Estate not taxed on transfer</title>
		<description><![CDATA[ Estate not taxed on transfer of decedent&#8217;s pension to charitable beneficiary PLR 200845029 


IRS has privately ruled that an estate will not be taxed on a distribution of the decedent&#8217;s pension benefits to a charitable beneficiary of the estate. 
Facts. An individual, whom we&#8217;ll call, Smith, died owning an interest in a defined benefit [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/estate-not-taxed-on-transfer/</link>
			</item>
	<item>
		<title>Year End Tax Planning</title>
		<description><![CDATA[ Year-end tax planning client letter with checklist
As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill this year and possibly the next. Factors that compound the challenge include the stock market&#8217;s swoon, the difficult economic climate we&#8217;re in right now, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/year-end-tax-planning/</link>
			</item>
	<item>
		<title>How Businesses Are Affected</title>
		<description><![CDATA[ How businesses are affected by tax changes in the Emergency Economic Stabilization Act of 2008
As I&#8217;m sure you&#8217;re aware, on Oct. 3, 2008, the President signed into law the Emergency Economic Stabilization Act of 2008 (P.L. 110-343). Although virtually all of the press coverage of this law has concentrated on its hotly debated $700 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/unfiled-tax-returns/how-businesses-are-affected/</link>
			</item>
	<item>
		<title>Timely reminder for small businesses</title>
		<description><![CDATA[ Timely reminder for small businesses to steer clear of trouble on payroll tax and retirement plan contributions  IRS Employee Plan News (Fall 2008)

In these trying times, with cash scarce and credit hard to find, a small business might be tempted to “temporarily” use money it deducts for taxes and retirement plan contributions from [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/timely-reminder-for-small-businesses/</link>
			</item>
	<item>
		<title>IRS seeks to return $266 million</title>
		<description><![CDATA[IRS seeks to return $266 million in undeliverable refunds and economic stimulus payments to taxpayers [IR 2008-123]:  
 
More than 383,000 regular refund and economic stimulus checks have been returned by the U.S. Postal Service as undeliverable, IRS said on Oct. 23. This figure included 279,000 economic stimulus checks totaling $163 million and 104,000 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/irs-seeks-to-return-266-million/</link>
			</item>
	<item>
		<title>Emergency Economic Stabilization Act of 2008</title>
		<description><![CDATA[ As I&#8217;m sure you&#8217;re aware, on Oct. 3, 2008, the President signed into law the Emergency Economic Stabilization Act of 2008 (P.L. 110-343). Although virtually all of the press coverage of this law has concentrated on its hotly debated $700 billion financial industry bailout plan, the legislation also contains scores of tax changes, mostly [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/emergency-economic-stabilization-act-of-2008/</link>
			</item>
	<item>
		<title>Excise Tax Refund Procedure</title>
		<description><![CDATA[ Special refund procedures for coal producers and exporters on excise tax paid on exported coal Ann. 2008-103, 2008-46 IRB
In a new Announcement, IRS has advised taxpayers how to claim a refund of the excise tax on exported coal under the new procedures provided in Sec. 114 of the Energy and Extension Act of 2008 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/excise-tax-refund-procedure/</link>
			</item>
	<item>
		<title>Trucking Employment Tax Relief</title>
		<description><![CDATA[ Appeals Court reverses ruling that denied taxpayer Section 530 Relief

Trucker tax relief, trucking tax relief, trucking tax problem resolution.
Peno Trucking, Inc. v. Commissioner, CA6, 102 AFTR 2d ¶ 2008-5360
 Trucking Tax Help &#8211; Trucking Tax Relief &#8211; Trucker Tax Help
The U.S. Court of Appeals for the Sixth Circuit has affirmed a U.S. Tax Court [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/trucking-employment-tax-relief/</link>
			</item>
	<item>
		<title>Charitable Extenders</title>
		<description><![CDATA[Charitable extenders and incentives in the 2008 Extenders Act

The Tax Extenders and Alternative Minimum Tax Relief Act of 2008, which was enacted on Oct. 3,  2008, extends several expired charitable giving tax breaks and provides several new tax incentives for charitable giving. Here is a brief overview of the charitable provisions in the new [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/charitable-extenders/</link>
			</item>
	<item>
		<title>Mortgage Tax Debt Extension</title>
		<description><![CDATA[ Mortgage debt relief extension, tax relief for community banks, and crackdown on some executive compensation in the 2008 Economic Stabilization Act

I am writing to provide details regarding three tax provisions in the Emergency Economic Stabilization Act of 2008: which was enacted Oct. 3, 2008. Those provisions are: (1) an extension for home mortgage debt [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/mortgage-tax-debt-extension/</link>
			</item>
	<item>
		<title>AMT relief 2008</title>
		<description><![CDATA[ AMT relief in the 2008 Extenders Act
 
I am writing to provide details regarding three key provisions in the “Tax Extenders and Alternative Minimum Tax Relief Act of 2008” (the 2008 Extenders Act), which was enacted on Oct. 3, 2008. The provisions extend partial relief to individual taxpayers from the alternative minimum tax, or [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/amt-relief-2008/</link>
			</item>
	<item>
		<title>Tax Relief Act 2008</title>
		<description><![CDATA[Individual and business extenders and other relief provisions in the 2008 Extenders Act
 
The “Tax Extenders and Alternative Minimum Tax Relief Act of 2008” (the 2008 Extenders Act), which was enacted on Oct. 3, 2008, provides extensions for several popular tax breaks and the addition of several new relief provisions, including disaster area tax relief. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/tax-relief-act-2008/</link>
			</item>
	<item>
		<title>Trust Fund Recovery Penalty</title>
		<description><![CDATA[ Once is enough as far as collection of the trust fund recovery penalty is concerned Chief Counsel Advice 200838027


The IRS has issued a new Chief Counsel Advice (CCA) on the trust fund recovery penalty. The IRS notes that the CCA may not be used or cited as precedent. 
IRC §6672, imposes a penalty on [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/trust-fund-recovery-penalty/</link>
			</item>
	<item>
		<title>PEO Payroll Tax Problem</title>
		<description><![CDATA[ Leader of $181 million payroll tax scheme admits guilt [United States v. Amodeo, DC FL, Case No. 6:08-cr-176-Orl-28GJK
Frank Amodeo, the former head of Mirabilis Ventures Inc., has pleaded guilty to federal charges that he and his co-conspirators knowingly failed to remit payroll taxes to the IRS totaling between $172 million and $181 million. (The [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/peo-payroll-tax-problem/</link>
			</item>
	<item>
		<title>IRS Harassment</title>
		<description><![CDATA[ TIGTA review finds small number of cases where IRS employees harassed taxpayers while attempting to collect taxes [Audit Report No. 2008-10-162]:  
In 2007, there were five cases involving Fair Tax Collection Practices (FTCP) violations for which an IRS employee received administrative disciplinary action, according to a recent audit by the Treasury Inspector General [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/irs-harassment/</link>
			</item>
	<item>
		<title>Business tax planning</title>
		<description><![CDATA[ Year end planning moves that optimize enhanced election to expense business property
 
Thanks to the Stimulus Act of 2008, most small businesses, and even moderate-sized businesses that don&#8217;t have huge capital equipment needs, may be able to claim a full Code Sec. 179 expensing deduction for the cost of business machinery and equipment purchased [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/business-tax-planning/</link>
			</item>
	<item>
		<title>Ike Tax Relief</title>
		<description><![CDATA[Texas Hurricane Ike Victims Qualify for IRS Disaster Relief
 
IR-2008-107, Sept. 18, 2008
 
WASHINGTON — Texas taxpayers who were adversely affected by Hurricane Ike qualify for tax relief from the Internal Revenue Service, including the postponement of tax filing and payment deadlines until Jan. 5, 2009.
 
Following the hurricane’s landfall on Saturday, Sept. 13, the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/ike-tax-relief/</link>
			</item>
	<item>
		<title>LLC Wage Levy</title>
		<description><![CDATA[ IRS explains how to collect from sole member of LLC law firm
Chief Counsel Advice 200836002 

In Chief Counsel Advice (CCA), IRS has concluded that a levy served on a limited liability company (LLC) will attach to property or rights to property belonging to the LLC&#8217;s sole owner. He practiced law and received income from [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/llc-wage-levy/</link>
			</item>
	<item>
		<title>WHFIT &amp; WHMT Tax Relief</title>
		<description><![CDATA[ IRS provides WHFIT penalty relief for 2008 and WHMT reporting relief for 2007 Notice 2008-77, 2008-40 IRB 

In a Notice, IRS has informed trustees and middlemen of widely held fixed investment trusts (WHFITs) that it will not assert penalties under Reg. § 1.671-5(m) (dealing with WHFIT reporting rules) for calendar year 2008. In addition, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/whfit-whmt-tax-relief/</link>
			</item>
	<item>
		<title>1031 Exchange New Ruling</title>
		<description><![CDATA[IRS OKs use of one property to engineer a reverse and forward like-kind swap Chief Counsel Advice 200836024 


In Chief Counsel Advice (CCA), IRS has given its blessing to the use of one property to engineer both a completed reverse like kind exchange and an attempted forward like kind exchange. The forward exchange was necessary [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/1031-exchange-new-ruling/</link>
			</item>
	<item>
		<title>Avoiding hobby loss restrictions</title>
		<description><![CDATA[ Like many of us, you&#8217;ve probably dreamed of turning a hobby or avocation into a regular business. You won&#8217;t have any unusual tax headaches if your new business is profitable. However, if the new enterprise consistently generates losses (deductions exceed income), IRS may step in and say it&#8217;s a hobby—an activity not engaged in [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/avoiding-hobby-loss-restrictions/</link>
			</item>
	<item>
		<title>CA Sales Tax Help</title>
		<description><![CDATA[California tax collectors to visit small businesses
As per Los Angeles Times

The effort is part of a new program to catch scofflaws. Investigators will be checking for seller&#8217;s permits, business licenses and evidence that firms are collecting and paying enough sales and use tax
 
By Cyndia Zwahlen Special to The Times
September 8, 2008
The tax man cometh [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/ca-sales-tax-help/</link>
			</item>
	<item>
		<title>LLC Wage Levy Tax Help</title>
		<description><![CDATA[ LLC may receive continuous wage levy on owner

Chief Counsel Advice 200835030

A new IRS Chief Counsel Advice (CCA) says that a limited liability company (LLC) may be required to honor a continuous wage levy on salary and wage payments to its sole owner. [Note:  The CCA may not be used or cited as precedent.] 
Facts. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/llc-wage-levy-tax-help/</link>
			</item>
	<item>
		<title>Gustav Tax Relief Help</title>
		<description><![CDATA[ Victims of Hurricane Gustav in Louisiana qualify for tax relief
IR 2008-100 
http://www.irs.gov/newsroom/article/0,,id=186409,00.html


An IRS news release says victims of Hurricane Gustav in the 34 parishes of Louisiana designated as presidential disaster areas have until Jan. 5, 2009, to make tax payments and file returns that would otherwise be due between Sept. 1, 2008, and Jan. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/gustav-tax-relief-help/</link>
			</item>
	<item>
		<title>IRS Tax Help for IRS Tax Problems</title>
		<description><![CDATA[Do you have back tax returns that are Unfiled? Are you missing the records and forms necessary to file your tax returns?
The IRS will not allow you to file an offer in compromise or get an installment agreement if you are not current on filing your back tax returns.
If you have a refund coming to you and you file more than 3 years past the due date, the IRS will keep the refund.]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/tax-help-for-tax-problems/</link>
			</item>
	<item>
		<title>W4 Withholding Issues</title>
		<description><![CDATA[ Employer not required to obtain worker status determination before withholding taxes

Nino v. Ford Motor Company, DC MI, 102 AFTR 2d ¶2008-5215, Dkt. No. 07-13545, 8/8/08

A federal district court has dismissed an employee&#8217;s pro se (“for self”; non-attorney) complaint that he should not have had withholding deducted until his employer obtained a worker status determination [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/w4-withholding-issues/</link>
			</item>
	<item>
		<title>Real Estate Tax Problem</title>
		<description><![CDATA[ Court rebuffs IRS and allows deduction for lease termination payment

ABC Beverage Corporation &#38; Subsidiaries v. U.S., (DC MI 8/27/2008) 102 AFTR 2d ¶ 2008-5231 

A district court has allowed a party that exercised an option to buy property that it was leasing to deduct a portion of the amount tendered in the transaction as [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/real-estate-tax-problem/</link>
			</item>
	<item>
		<title>Determination of Willfulness</title>
		<description><![CDATA[Ability to pay tax liability not relevant to determination of willfulness under Code Sec. 7202

U.S. v. Easterday (2008, CA9) 102 AFTR 2d ¶ 2008-5218 
By a vote of two to one, a Ninth Circuit panel decision has upheld a district court&#8217;s ruling that a defendant&#8217;s ability to pay wasn&#8217;t relevant to the determination of whether [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/determination-of-willfulness/</link>
			</item>
	<item>
		<title>Business or Hobby?</title>
		<description><![CDATA[IRS Fact Sheet reviews whether a hobby is actually a for-profit endeavor [Fact Sheet 2008-23]:  
Taxpayers must follow appropriate guidelines when determining whether an activity is engaged in for profit, such as a business or investment activity, or is engaged in as a hobby, IRS said in a new fact sheet published on the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/business-or-hobby/</link>
			</item>
	<item>
		<title>Fuel Cell Credit</title>
		<description><![CDATA[IRS explains how to claim credit for qualified fuel cell and qualified microturbine property 
 
A new Notice carries interim guidance on the terms and conditions that must be met by taxpayers that want to claim the Code Sec. 48 credit for fuel cells and microturbines. 
Background. A taxpayer may be eligible to claim (on [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/fuel-cell-credit/</link>
			</item>
	<item>
		<title>IRS Seized Properties</title>
		<description><![CDATA[TIGTA reviews IRS methodology for selling seized property [Audit Report No. 2008-30-144]:  
IRS management needs to provide better oversight to ensure that employees consistently follow the requisite procedures for the storage and sale of seized property, according to a recent audit by the Treasury Inspector General for Tax Administration (TIGTA). 
As described in the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/irs-seized-properties/</link>
			</item>
	<item>
		<title>Hiding Income Offshore?</title>
		<description><![CDATA[To disclose or not to disclose, that is the question.
Hiding Income Offshore is not the way to go.
Mike Habib, EA
For years, offshore accounts have been a hot topic in popular culture and for the IRS; most recently Liechtenstein has been mentioned, however the IRS is interested in accounts anywhere in the world that generate income [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/hiding-income-offshore/</link>
			</item>
	<item>
		<title>Tax Return Preparer Fraud</title>
		<description><![CDATA[If It Seems Too Good to Be True, It Probably Is
Tax Return Preparer Fraud 
Mike Habib, EA
Dishonest tax return preparers can cause many problems for taxpayers who fall victim to their schemes. These scam artists make their money in a number of ways including skimming a portion of their clients&#8217; refunds, charging a percentage of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/tax-return-preparer-fraud/</link>
			</item>
	<item>
		<title>Frivolous Arguments</title>
		<description><![CDATA[“In this world, nothing is certain but death and taxes.” – Benjamin Franklin
Frivolous Arguments Don’t Work
Mike Habib, EA
Yes, folks, it’s a matter of fact. If you have earned income in the last year, you must file a tax return. There isn’t a way around it. If someone is claiming that there is a way to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/frivolous-arguments/</link>
			</item>
	<item>
		<title>Fuel Tax Credit</title>
		<description><![CDATA[Yes, we are all fed up with the cost of fuel. 
No, I’m sorry to report, not everyone is eligible for the fuel tax credit.
Fuel Tax Credit Scams
Mike Habib, EA
The IRS has recently added fraud involving the fuel tax credit to the list of frivolous tax claims being put forth by individuals and businesses. The [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/fuel-tax-credit/</link>
			</item>
	<item>
		<title>MO AG Sues Tax Resolution Firm</title>
		<description><![CDATA[JK Harris didn&#8217;t provide promised services to Missourians who sought help with tax problems, Nixon says in lawsuit
Jefferson City, Mo. &#8211; A South   Carolina company that advertises it can help consumers resolve their state and federal tax problems didn&#8217;t provide the services it promised, Attorney General Jay Nixon says. Nixon filed a lawsuit [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/mo-ag-sues-tax-resolution-firm/</link>
			</item>
	<item>
		<title>Real Estate Gift Tax</title>
		<description><![CDATA[Tiered discount allowed in real estate FLP gift tax case 
 
In Astleford, a memorandum decision, the Tax Court permitted a taxpayer to apply a tiered discount in the context of a family limited partnership owning interests in real estate. 
Facts. On 8/1/96, Mrs. Astleford formed the Astleford Family Limited Partnership (“AFLP”) to facilitate the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/real-estate-gift-tax/</link>
			</item>
	<item>
		<title>Cost of Goods Deductibility</title>
		<description><![CDATA[Deduction for cost of goods sold limited to negotiated discount price 
 
IRS concluded in this ILM that the step transaction doctrine applied to the repayment to companies of the difference between the full list price of merchandise and the negotiated discount price, and therefore the companies&#8217; deduction for cost of goods sold (COGS) was [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/cost-of-goods-deductibility/</link>
			</item>
	<item>
		<title>Mortgage Interest Deductibility</title>
		<description><![CDATA[Beneficial owners can deduct home mortgage interest and taxes 
 
The Tax Court held that taxpayers were entitled to deduct mortgage interest and real estate taxes they paid on property owned by their son, because they were the beneficial owners of the property. 
The taxpayers resided at the property for all of 2003. During that [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/mortgage-interest-deductibility/</link>
			</item>
	<item>
		<title>US Malta Tax Treaty</title>
		<description><![CDATA[USA &#38; Malta sign new income tax treaty 
[U.S. Treasury Press Release, 8/8/08]:  
The U.S. Treasury Department has announced that a new income tax treaty between the United States and Malta was signed on Aug. 8, 2008 . The treaty will have withholding tax ramifications for U.S. citizens working in Malta and citizens of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/us-malta-tax-treaty/</link>
			</item>
	<item>
		<title>CA LLC Fee Invalid</title>
		<description><![CDATA[California LLC fee again held invalid 

Ventas Finance I LLC v. Calif. FTB, Cal. Ct. App., Dkt. Nos. A116277; A117751, 08/11/2008
 
The California Court of Appeal once again has ruled invalid the state fee imposed on limited liability companies (LLCs) under former Rev. &#38; Tax. Cd. § 17942 (the “§ 17942 fee”). Affirming the lower [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/ca-llc-fee-invalid/</link>
			</item>
	<item>
		<title>IRS pledges better collection of business taxes</title>
		<description><![CDATA[IRS official pledges improved collection of billions in unpaid payroll taxes from businesses 
WASHINGTON (AP) &#8212; A top IRS official promised Congress Tuesday that the agency &#8220;will do better&#8221; in collecting billions in taxes that businesses supposedly withheld from employees&#8217; paychecks but never remitted to the government.
Linda Stiff, a deputy Internal Revenue Service commissioner, agreed [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/irs-pledges-better-collection-of-business-taxes/</link>
			</item>
	<item>
		<title>IRS Targets Foreign Income</title>
		<description><![CDATA[IRS targets U.S. source income paid to foreign persons IRM 4.10.21, U.S. Withholding Agent Examinations &#8211; Form 1042 
Mike Habib, EA
 
IRS has issued a new Internal Revenue Manual (IRM) section, IRM 4.10.21, U.S. Withholding Agent Examinations &#8211; Form 1042, on reporting and withholding requirements for U.S. source income that&#8217;s paid to foreign persons. 
Background. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/irs-targets-foreign-income/</link>
			</item>
	<item>
		<title>IRS Demutualization Ruling</title>
		<description><![CDATA[Court rebuffs IRS and allows policyholder to escape gain on demutualization

Eugene A. Fisher et al. v. U.S. (Ct Cl 8/6/2008) 102 AFTR 2d ¶ 2008-5150

The Court of Federal Claims has applied a variation of the open transaction doctrine with the result that a policyholder had no gain to report when it chose a cash option [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/irs-demutualization-ruling/</link>
			</item>
	<item>
		<title>Tax Shelter IRS Resolution</title>
		<description><![CDATA[New IRS settlement initiative for LILO and SILO transactions 

Mike Habib, EA 
IRS recently announced a settlement initiative for Lease-In/Lease-Out (LILO) and Sale-in/Lease-Out (SILO) transactions. Under this initiative, more than 45 of the nation&#8217;s largest corporations that participated in these shelters will receive a letter with an offer. Shelter participants will have 30 days to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/tax-shelter-irs-resolution/</link>
			</item>
	<item>
		<title>Charitable Contribution</title>
		<description><![CDATA[Proposed regs explain strict charitable contribution substantiation &#38; appraisal rules Preamble to Prop Reg 08/06/2008; Prop Reg § 1.170A-15, Prop Reg § 1.170A-16, Prop Reg § 1.170A-17, Prop Reg § 1.170A-18 
Mike Habib, EA
IRS has issued proposed regs explaining the charitable contribution substantiation changes made by the American Jobs Creation Act of 2004 (AJCA) and [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/charitable-contribution/</link>
			</item>
	<item>
		<title>Identity Theft Tax Problem</title>
		<description><![CDATA[Finance Chairman Baucus wants more action and details on IRS strategy to combat identity fraud [Press release dated Aug. 5]: 

A recent IRS update on its Identity Protection Strategy has failed to satisfy the concerns of Sen. Max Baucus (D-MT), chairman of the Senate Finance Committee.
The report, submitted to Baucus on July 21 by IRS [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/identity-theft-tax-problem/</link>
			</item>
	<item>
		<title>CWA Central Withholding</title>
		<description><![CDATA[IRS issues new version of Central Withholding Agreement form
Mike Habib, EA
The IRS has issued a June 2008 version of Form 13930, Application for Central Withholding Agreement.

Under IRC §1441(a), nonresident alien (NRA) individuals are subject to 30% withholding on the gross amount of interest, dividends, rent, salaries, wages, compensations, remunerations, and emoluments they receive from sources [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/cwa-central-withholding/</link>
			</item>
	<item>
		<title>Passive Activity Losses</title>
		<description><![CDATA[IRS may require reporting of PAL activity groupings  
Mike Habib, EA
 Notice 2008-64, 2008-31 IRB 268

 A new notice requests comments regarding a proposal to require taxpayers to report to IRS their groupings and regroupings of activities and the addition and disposition of specific activities within their existing groupings of activities for purposes of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/passive-activity-losses/</link>
			</item>
	<item>
		<title>Social Security Increase</title>
		<description><![CDATA[Presidential candidates discuss merits of increasing the Social Security tax:  
Mike Habib, EA
With less than three months until the 2008 presidential election, both candidates have expressed their views about a possible Social Security tax increase. The Federal Insurance Contributions Act (FICA) imposes two taxes on employers, employees, and self-employed workers — one for Old [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/us-taxes/scoail-security-increase/</link>
			</item>
	<item>
		<title>Innocent spouse relieved of tax</title>
		<description><![CDATA[Innocent spouse relieved of tax from embezzlement and forgery 

Yakubik, TC Summary Opinion 2008-74
Mike Habib, EA

The Tax Court recently held that the IRS abused its discretion in not granting equitable innocent spouse relief to a husband whose wife embezzled funds from her employer and forged checks taken from her stepfather. 
Facts. The taxpayer was married [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/innocent-spouse-relieved-of-tax/</link>
			</item>
	<item>
		<title>REIT changes in the 2008 Housing Act</title>
		<description><![CDATA[REIT changes in the 2008 Housing Act
Mike Habib, EA

Included in the $15.1 billion of housing tax incentives in the recently enacted “Housing Assistance Tax Act of 2008” (the Housing Act) is a package of changes liberalizing the real estate investment trust (REIT) rules. Under these new provisions: 



Foreign exchange gains that a REIT generates  [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/uncategorized/reit-changes-in-the-2008-housing-act/</link>
			</item>
	<item>
		<title>Home sale exclusion</title>
		<description><![CDATA[Tightened home sale exclusion and other revenue raisers in the 2008 Housing Act
Mike Habib, EA

To pay for the $15.1 billion of housing tax incentives in the recently enacted “Housing Assistance Tax Act of 2008” (the Housing Act), Congress passed several offsetting revenue raisers, including a requirement that banks provide information returns reporting annual credit card [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/uncategorized/home-sale-exclusion/</link>
			</item>
	<item>
		<title>Credit for first-time homebuyers</title>
		<description><![CDATA[Credit for first-time homebuyers in the 2008 Housing Act
Mike Habib, EA

The single largest provision in the $15.1 billion package of housing tax incentives in the recently enacted “Housing Assistance Tax Act of 2008” (the Housing Act) is a measure allowing individuals buying their first home to take a tax credit of up to $7,500 of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/credit-for-first-time-homebuyers/</link>
			</item>
	<item>
		<title>2008 Housing Act</title>
		<description><![CDATA[Property tax deduction for non-itemizers in the 2008 Housing Act
Mike Habib, EA


Included in the $15.1 billion package of housing tax incentives in the recently enacted “Housing Assistance Tax Act of 2008” (the Housing Act) is a measure creating a new, temporary property tax deduction for non-itemizers (i.e., for taxpayers who claim the standard deduction rather [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-relief/2008-housing-act/</link>
			</item>
	<item>
		<title>Kansas Tax Relief</title>
		<description><![CDATA[IRS explains how to claim (or elect out of) 50% Kansas bonus depreciation Notice 2008-67, 2008-32 IRB
Mike Habib, EA

The Food, Conservation and Energy Act of 2008, popularly known as the Farm Act, provided temporary GO Zone-style tax relief for taxpayers in Kiowa County, Kansas, and surrounding areas, who were affected by the storms and tornadoes [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/kansas-tax-relief/</link>
			</item>
	<item>
		<title>Doctors tax penalties</title>
		<description><![CDATA[Doctors get socked with big tax and penalties for donations tied to consolidation of their practice 


Berquistist and Kendrick, et al., (2008) 131 TC No. 2


Mike Habib, EA

The Tax Court has determined that doctors grossly overvalued charitable donations of stock in their medical professional service corporation (PSC) that arose in connection with a consolidation of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/doctors-tax-penalties/</link>
			</item>
	<item>
		<title>Staffing company tax problem</title>
		<description><![CDATA[No FUTA exemption for staffing company that was considered the employer for state UI purposes 
Chief Counsel Advice 200827007

Mike Habib, EA
The IRS has denied a federal unemployment tax (FUTA) exemption to a staffing company because it did not consider the company to be the common law employer of the workers in question 
Facts. According to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/staffing-company-tax-problem/</link>
			</item>
	<item>
		<title>Private Trust Companies</title>
		<description><![CDATA[Proposed revenue ruling gives green light to use of private trust companies Notice 2008-63, 2008-31 IRB 


Mike Habib, EA
A new notice contains a proposed revenue ruling that would allow families to use private trust companies (PTCs) in their estate planning without adverse income, estate, gift or generation-skipping transfer (GST) tax consequences for the trust creators [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/private-trust-companies/</link>
			</item>
	<item>
		<title>Taxpayer Advocate Annual Report</title>
		<description><![CDATA[ 
National Taxpayer Advocate annual report to Congress identifies priorities and issues for upcoming year [IR 2008-87]: 

An annual report on the priority challenges and issues facing the Office of the Taxpayer Advocate (OTA) was delivered to Congress on July 8.

The report, National Taxpayer Advocate&#8217;s 2009 Objectives Report to Congress, cited three areas for “particular [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/taxpayer-advocate-annual-report/</link>
			</item>
	<item>
		<title>Charitable Remainder Trust</title>
		<description><![CDATA[Charitable remainder trust can be divided into separate trusts without adverse tax consequences 

Rev Rul 2008-41, 2008-30 IRB

Mike Habib, EA
In the context of two fairly detailed factual situations, a new revenue ruling makes it clear that a charitable remainder trust (CRT) can be divided into two or more separate CRTs without adverse tax consequences. If [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/charitable-remainder-trust/</link>
			</item>
	<item>
		<title>Cell Phone Deductibility</title>
		<description><![CDATA[IRS discusses easing of cell phone recordkeeping requirements [Information Letter 2008-0012]:  
The IRS has issued an information letter in response to a question regarding the noted difficultly that states and localities are having drafting cell phone policies that comply with IRS recordkeeping requirements.
Under IRC §162(a), individuals may take deductions for all ordinary and necessary [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/unfiled-tax-returns/cell-phone-deductibility/</link>
			</item>
	<item>
		<title>LP Limited Partner Deductions</title>
		<description><![CDATA[Limited partner&#8217;s investment interest from trader partnership deductible above-the-lineRev Rul 2008-38, 2008-31 IRB; Ann. 2008-65, 2008-31 IRB  
Mike Habib, EA
Earlier this year, IRS issued Rev Rul 2008-12, 2008-10 IRB 520 concluding that where a non-corporate limited partner doesn&#8217;t materially participate in the partnership&#8217;s activity, his distributive share of the interest expense on debt allocable [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/lp-limited-partner-deductions/</link>
			</item>
	<item>
		<title>Opportunity Letter &#8211; Offshore Account</title>
		<description><![CDATA[Judge: IRS can seek tax information from Swiss banking giant UBS in expanding investigation
Associated Press WorldStream via NewsEdge : 
MIAMI_A federal judge agreed Tuesday to allow the IRS to serve legal papers on Swiss banking giant UBS AG in an expanding investigation into U.S. taxpayers who may have used overseas accounts to hide assets and [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/opportunity-letter-offshore-account/</link>
			</item>
	<item>
		<title>Rules for claiming a dependent child</title>
		<description><![CDATA[Final regs on dependent child of divorced or separated parents or parents who live apart  T.D. 9408, 07/01/2008; Reg. § 1.152-4  Mike Habib, EA
IRS has issued final regs on the rules for claiming a child as a dependent by parents who are divorced, legally separated under a decree of separate maintenance or a [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/rules-for-claiming-a-dependent-child/</link>
			</item>
	<item>
		<title>Property Seizure Compliance</title>
		<description><![CDATA[TIGTA results of 2008 review IRS compliance with legal guidelines when conducting property seizures [Audit Report No. 2008-30-126]: 
IRS has usually followed the numerous legal and internal guidelines that apply to seizures of taxpayers&#8217; property, the Treasury Inspector General for Tax Administration (TIGTA) said in a recent audit.  TIGTA based its opinion on a [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/property-seizure-compliance/</link>
			</item>
	<item>
		<title>Unemployment Benefits Extended</title>
		<description><![CDATA[New bill extends unemployment benefits for 13 weeksThe President has signed into law H.R. 2642, “The Supplemental Appropriations Act of 2008.”
Title IV of the bill authorizes an extension of unemployment insurance (UI) benefits. Individuals may be eligible for 13 weeks of extended benefits if they: (1) are fully or partially unemployed after July 5, 2008, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/us-taxes/unemployment-benefits-extended/</link>
			</item>
	<item>
		<title>House passes AMT relief</title>
		<description><![CDATA[House passes AMT relief with bipartisan majority &#8211; President threatens veto On June 25, the House by a vote of 233 to 189 approved H.R.6275, the “Alternative Minimum Tax Relief Act of 2008.” The bill will be sent to the Senate for consideration. 
The bill would patch the alternative minimum tax (AMT) problem for 2008 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/amt/house-passes-amt-relief/</link>
			</item>
	<item>
		<title>Shareholder Constructive Distribution</title>
		<description><![CDATA[Loan repayment to shareholder&#8217;s spouse wasn&#8217;t constructive distribution Beckley, 130 TC No. 18 (2008)
Mike Habib, EA

The Tax Court has ruled that payments made by a corporation to the wife of one of its shareholders represented repayment of money she advanced to a predecessor corporation. Despite the absence of a written loan agreement, the repayment wasn&#8217;t [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/shareholder-constructive-distribution/</link>
			</item>
	<item>
		<title>Employment / Payroll Tax Adjustments</title>
		<description><![CDATA[Final regs include new process for reporting employment tax adjustments and refund claims
T.D. 9405, 06/30/2008, Reg. § 31.6011(a)-1, Reg. § 31.6011(a)-4, Reg. § 31.6011(a)-5, Reg. § 31.6205-1, Reg. § 31.6302-1, Reg. § 31.6402(a)-1, Reg. § 31.6413(a)-1, Reg. § 31.6403(a)-2 
Mike Habib, EA

IRS has issued final regs on employment tax adjustments and refund claims, effective Jan. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/employment-payroll-tax-adjustments/</link>
			</item>
	<item>
		<title>Sales Tax BOE Announcement</title>
		<description><![CDATA[Judy Chu Announces No More Paper Returns for Most BOE Taxpayers
Sales Tax Audit?  Sales Tax Problem? BOE  or SBE Issues? Get Sales Tax Resolution TODAY! 
Business Editors/Government Writers
SACRAMENTO, Calif.&#8211;(BUSINESS WIRE)&#8211;June 27, 2008&#8211;Judy Chu, Ph.D., Chair of the State Board of Equalization (BOE), today announced that the BOE will begin transitioning existing sales and [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/sales-tax-audit/sales-tax-boe-announcement/</link>
			</item>
	<item>
		<title>Carbon Dioxide and the IRS?</title>
		<description><![CDATA[Gain from selling carbon dioxide allowances didn&#8217;t generate foreign personal holding company income   PLR 200825009  
Mike Habib, EA
IRS has privately ruled that gain from the sale of surplus carbon dioxide allowances didn&#8217;t constitute foreign personal holding company income (FPHCI) under Code Sec. 954(c). It concluded that the emissions allowances were excepted because [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/carbon-dioxide-and-the-irs/</link>
			</item>
	<item>
		<title>Tax man is coming soon</title>
		<description><![CDATA[House Subcommittee Passes IRS Funding Bill

The House Appropriations Financial Services Subcommittee this week passed a bill that would appropriate $11.4 billion to IRS for FY 2009.

The bill would grant IRS budget authority to spend $5.1 billion on enforcement, $2.2 on taxpayer services, and $3.8 billion on operations.

The total is about $40 million more than the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/tax-man-is-coming-soon/</link>
			</item>
	<item>
		<title>Business Economic Stimulus</title>
		<description><![CDATA[Business Provisions of the Economic Stimulus Act of 2008
Mike Habib, EA
The Economic Stimulus Act of 2008 contains two provisions that provide tax benefits for businesses. The first provision increases the limit up to which a business can expense property purchased and placed in service during its 2008 tax year. The second provision provides an additional [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/us-taxes/business-economic-stimulus/</link>
			</item>
	<item>
		<title>Disaster Victims Tax Relief</title>
		<description><![CDATA[More disaster victims in Indiana, Iowa and Wisconsin qualify for tax relief   IRS website [http://www.irs.gov/newsroom/article/0,,id=108362,00.html] 
Mike Habib, EA
IRS has announced on its website that additional counties in Indiana, Iowa and Wisconsin have been declared disaster areas on account of recent severe storms, tornadoes and flooding. As a result, more victims of the disaster [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/disaster-victims-tax-relief/</link>
			</item>
	<item>
		<title>CFC Controlled Foreign Corporation Tax Problem?</title>
		<description><![CDATA[Regs crack down on tax avoidance repatriations of CFC earnings Preamble to TD 9402, 06/23/2008; Reg. § 1.956-1T; Preamble to Prop Reg 06/23/2008; Prop Reg § 1.956-1
Mike Habib, EA
IRS has issued temporary and proposed regs to determine the basis of certain U.S. property acquired by a controlled foreign corporation (CFC) in certain nonrecognition transactions that [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/cfc-controlled-foreign-corporation-tax-problem/</link>
			</item>
	<item>
		<title>IRS increases mileage rate</title>
		<description><![CDATA[Business standard mileage rate increases for last half of 2008 &#8211; other rates also rise  Mike Habib, EA
IRS has announced that the optional mileage allowance for owned or leased autos (including vans, pickups or panel trucks) will increase 8¢ from 50.5¢ to 58.5¢ per mile for business travel from July 1, 2008 to Dec. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/irs-increases-mileage-rate/</link>
			</item>
	<item>
		<title>As Seen On TV</title>
		<description><![CDATA[TV ads and TV Tax Relief Commercials claiming &#8220;Pennies On The Dollar&#8221; Tax Settlements &#8211; As Seen On TV
Mike Habib, EA
Many Tax Relief and Tax Negotiation firms advertise on TV claiming that they can settle your tax debt for &#8220;pennies on the dollar&#8221;. Now, you, as a taxpayer must be informed of what options you [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/as-seen-on-tv/</link>
			</item>
	<item>
		<title>State Employment Tax Changes</title>
		<description><![CDATA[Recap of recent state employment tax laws, developments, and changes taking effect in July
Several states and localities are making employment tax changes that take effect in July. In addition, several new employment tax laws and developments have occurred recently.  Here are some of the highlights from the following states: 
AlabamaUnemployment. Effective for benefit years [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/state-employment-tax-changes/</link>
			</item>
	<item>
		<title>How to choose a business structure</title>
		<description><![CDATA[



Choosing a Business Structure



 







FS-2008-22
Of all the choices you make when starting a business, one of the most important is the type of legal organization you select for your company. This decision can affect how much you pay in taxes, the amount of paperwork your business is required to do, the personal liability you face [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/how-to-choose-a-business-structure/</link>
			</item>
	<item>
		<title>IRS urged to increase standard mileage rates</title>
		<description><![CDATA[IRS urged to increase standard mileage reimbursement rates 
Several requests have been made to the IRS in recent days to increase its standard mileage rates.  The standard mileage rate for use of a car (including vans, pickups, and panel trucks) is currently 50.5 cents per mile for business-related travel, and 19 cents per mile [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/irs-urged-to-increase-standard-mileage-rates/</link>
			</item>
	<item>
		<title>Claim of right relief under Code Sec. 1341(a)</title>
		<description><![CDATA[Appeals Court overturns oil company&#8217;s large claim of right refund Texaco v. U.S. (CA 9 6/13/2008) 101 AFTR 2d ¶ 2008–889  The Court of Appeals for the Ninth Circuit has reversed a district court award of an over $100 million refund claim to a large oil company, which had sought claim of right relief [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/claim-of-right-relief-under-code-sec-1341a/</link>
			</item>
	<item>
		<title>Company Car Benefit</title>
		<description><![CDATA[Why the company car is still a valued fringe benefit for company owners and key employeesA company car has long been an extremely popular “perk” or fringe benefit for company owners and key employees of medium sized or small enterprises. As this article demonstrates, this benefit yields substantial nontax as well as tax benefits for [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/company-car-benefit/</link>
			</item>
	<item>
		<title>SFR &#8211; Substitute for return</title>
		<description><![CDATA[IRS may prepare substitute returns in worker classification cases  Chief Counsel Advice 200822026  
A Chief Counsel Advice (CCA) has concluded that, in employment tax cases where worker classification issues are present, revenue officers have authority under Code Sec. 6020(b) to prepare employment tax returns, but the requirements of Code Sec. 7436 must be [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/sfr-substitute-for-return/</link>
			</item>
	<item>
		<title>Tax Scams for 2008 &#8211; Fuel Tax Credit Scams</title>
		<description><![CDATA[
IRS Announces &#8216;Dirty Dozen&#8217;
Tax Scams for 2008
Phishing Scams, Fuel Tax Credits, Frivolous Arguments, Hiding Income Offshore Top the 2008 Tax Scams



WASHINGTON — The Internal Revenue Service today issued its 2008 list of the 12 most  egregious tax schemes and scams, highlighted by Internet phishing scams  and several frivolous tax arguments.
Topping this year&#8217;s list [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/tax-scams-for-2008-fuel-tax-credit-scams/</link>
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	<item>
		<title>Tax Help, Tax Problems, Tax Attorney</title>
		<description><![CDATA[Tax Problem Resolution Services
I specialize in resolving tax problems for individuals, small-size companies, mid-size companies, and fortune 1,000 companies. I represent individuals and businesses before the IRS and any taxing authority, therefore the taxpayer does not have to deal with the IRS directly.
Mike Habib, EA
IRS strengthened enforcement policies, along with their new and complex tax [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/tax-problem-resolution-services/</link>
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	<item>
		<title>Specialized tax breaks for the farming industry</title>
		<description><![CDATA[Tax provisions directly affecting farmers in the Heartland, Habitat, Harvest, and Horticulture Act of 2008 The recently enacted “Heartland, Habitat, Harvest, and Horticulture Act of 2008” (the 2008 Farm Act) contains a package of tax changes including specialized tax breaks for the farming industry (along with a crackdown on farm losses) and new and modified [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/specialized-tax-breaks-for-the-farming-industry/</link>
			</item>
	<item>
		<title>Tax Provisions in the Heartland, Habitat, Harvest, and Horticulture Act of 2008</title>
		<description><![CDATA[Overview of the tax changes in the Heartland, Habitat, Harvest, and Horticulture Act of 2008
The recently enacted “Heartland, Habitat, Harvest, and Horticulture Act of 2008” (the 2008 Farm Act) contains a package of tax changes including specialized tax breaks for the farming industry (along with a crackdown on farm losses) and new and modified credits [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/tax-provisions-in-the-heartland-habitat-harvest-and-horticulture-act-of-2008/</link>
			</item>
	<item>
		<title>Tax relief for Peace Corps</title>
		<description><![CDATA[Tax relief for Peace Corps volunteers and employees in the Heroes Earnings Assistance and Relief Tax Act of 2008
The recently enacted “Heroes Earnings Assistance and Relief Tax Act of 2008” (the 2008 Heroes Act) contains a wide-ranging package of tax cuts for military personnel and veterans. In addition, a provision in the 2008 Heroes Act [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/tax-relief-for-peace-corps/</link>
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	<item>
		<title>Military Personnel Tax Benefits</title>
		<description><![CDATA[Pension plan benefits for military personnel in the Heroes Earnings Assistance and Relief Tax Act of 2008
The recently enacted “Heroes Earnings Assistance and Relief Tax Act of 2008” (the 2008 Heroes Act) provides several important pension plan benefits for military personnel. Specifically, the Act makes the following pension plan liberalizations for members of the military [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/military-personnel-tax-benefits/</link>
			</item>
	<item>
		<title>Heroes Earnings Assistance and Relief Tax Act of 2008</title>
		<description><![CDATA[Overview of tax changes in the Heroes Earnings Assistance and Relief Tax Act of 2008
The recently enacted “Heroes Earnings Assistance and Relief Tax Act of 2008” (the 2008 Heroes Act) provides targeted tax relief for military members and their families, fully offset with tightened expatriation rules, a new rule requiring U.S. companies working under federal [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/heroes-earnings-assistance-and-relief-tax-act-of-2008/</link>
			</item>
	<item>
		<title>Triangular Reorganizations Tax Resolution</title>
		<description><![CDATA[Temporary regs curb abuses in triangular reorganizations involving foreign corporations  T.D. 9400, 05/23/2008, Reg. § 1.367(a)-3T, Reg. § 1.367(b)-14T, Preamble to Prop Reg 05/23/2008  IRS has issued temporary (along with final and proposed regs) under Code Sec. 367(b) to curb abusive triangular reorganizations involving foreign corporations—sometimes referred to as “Killer B” transactions. The [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/triangular-reorganizations-tax-resolution/</link>
			</item>
	<item>
		<title>APA Tax Relief &amp; Tax Resolution</title>
		<description><![CDATA[IRS expands advance pricing agreement procedures to include other issues relevant to transfer pricing Rev Proc 2008-31, 2008-23 IRB  In a Revenue Procedure, IRS has expanded the procedures under which taxpayers secure an advance pricing agreement (APA) to include additional types of issues that may be resolved in the APA process. 
Background. An APA [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/apa-tax-relief-tax-resolution/</link>
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	<item>
		<title>HEART Act Tax Relief</title>
		<description><![CDATA[House-passed Heroes Act would provide tax relief to military members &#38; their families On May 20, by a vote of 403-0 the House of Representatives unanimously approved H.R. 6081, the “Heroes Earnings Assistance and Relief Tax Act of 2008.” The bill, dubbed the HEART Act by its sponsors, is very similar to the version of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/heart-act-tax-relief/</link>
			</item>
	<item>
		<title>IRS Employment / Payroll Tax Focus</title>
		<description><![CDATA[IRS focusing efforts on four employment tax initiatives

American Payroll Association 26th Annual Congress May 13-17 (Austin, TX)

John Tuzynski, IRS Chief, Employment Tax Operations, told attendees at APA&#8217;s 26th Annual Congress that the IRS is focusing its efforts on the following four key employment tax initiatives: (1) worker classification, (2) tip reporting compensation, (3) officer compensation, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/irs-employment-payroll-tax-focus/</link>
			</item>
	<item>
		<title>Lien foreclosure suits by the IRS</title>
		<description><![CDATA[Levy couldn&#8217;t force early distribution of taxpayer&#8217;s state retirement account   Chief Counsel Advice 200819001  
In Chief Counsel Advice (CCA), IRS has concluded that it can&#8217;t, after serving a notice of levy on a state retirement fund, exercise the taxpayer&#8217;s right to suspend her membership in the fund in order to obtain an [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/lien-foreclosure-suits-by-the-irs/</link>
			</item>
	<item>
		<title>Aggressive Enforcement Program says the Commissioner</title>
		<description><![CDATA[New IRS Commissioner Shulman airs his philosophy to ABA audience: 
 The question of whether IRS will focus on services or enforcement poses a false choice, IRS Commissioner Douglas Shulman, who became the 47th Commissioner of Internal Revenue on March 24, 2008, told an American Bar Association audience on May 9.
The agency must do both [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/aggressive-enforcement-program-says-the-commissioner/</link>
			</item>
	<item>
		<title>Tax Medicaid Rebates Adjustments</title>
		<description><![CDATA[IRS clarifies ruling allowing drug manufacturers to subtract Medicaid rebates from gross receipts 
Rev Rul 2008-26, 2008-21 IRB  
In a revenue ruling that clarifies an earlier one issued in 2005 on the same subject, IRS concludes that Medicaid Rebates that a pharmaceutical manufacturer pays to State Medicaid Agencies are adjustments to the sales price [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/us-taxes/tax-medicaid-rebates-adjustments/</link>
			</item>
	<item>
		<title>Benefits of Passthrough Entities</title>
		<description><![CDATA[Which tax-free and tax-favored fringe benefits are passthrough owners entitled to?  Partnerships, LLCs treated as partnerships, and S corporations have distinct tax and nontax advantages. However, entrepreneurs considering these forms of business should be aware that fewer tax-free and tax-favored fringe benefits are available to owner-entrepreneurs of passthroughs than to shareholder-employees of C corporations. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/benefits-of-passthrough-entities/</link>
			</item>
	<item>
		<title>Trust &amp; Estate Tax Resolution</title>
		<description><![CDATA[Transfers to LLC were not includable in decedent&#8217;s estate  Estate of Mirowski, TCMemo 2008-74  
The Tax Court has held that assets the decedent transferred to a family limited liability company (LLC) shortly before she died were not includable in her gross estate under Section 2036(a). 
Facts. The decedent&#8217;s husband was a cardiologist who [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/trust-estate-tax-resolution/</link>
			</item>
	<item>
		<title>Innocent Spouse Tax Relief</title>
		<description><![CDATA[Innocent spouse relief granted despite ex-husband&#8217;s objection Bishop, TC Summary Opinion 2008-33  
The Tax Court agreed with the IRS and, over the objection of the taxpayer&#8217;s ex-husband, held that the taxpayer was entitled to equitable relief under Section 6015(f) from her husband&#8217;s tax underpayments. 
Facts. The taxpayer married in 1982, and the couple had [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/innocent-spouse-tax-relief/</link>
			</item>
	<item>
		<title>Foreign earned income exclusion</title>
		<description><![CDATA[IRS fact sheet explains foreign earned income exclusionIRS Fact Sheet May 2008
Mike Habib, EA
IRS has issued a fact sheet that explains the foreign earned income exclusion rules.  

Observation: Although the fact sheet is a valuable summary of the complex foreign earned income rules that apply starting with the 2006 tax year, it does not [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/tax-controversy/foreign-earned-income-exclusion/</link>
			</item>
	<item>
		<title>Payroll Tax Audit? Now What Are Your Options?</title>
		<description><![CDATA[IRS or State Payroll Tax Audit &#38; Employment Tax Audit
The word audit can strike a very real sense of fear into the hearts of even the most courageous of men. When you own a business, there is even more at stake than a few minor penalties or fees; you can lose everything you’ve worked so [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/payroll-tax-audit-now-what-are-your-options/</link>
			</item>
	<item>
		<title>Sales Tax Audit? Now What Are Your Options?</title>
		<description><![CDATA[
State Sales Tax &#38; Use Tax Audits and Examination &#8211; why you need a tax professional on your side
Mike Habib, EAmyIRSTaxRelief.com 
Among the most frightening words a business owner can hear are the words: sales tax audit. There are many reasons why this is a phrase that should be feared, not the least of which [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/state-tax-audit/sales-tax-audit-now-what-are-your-options/</link>
			</item>
	<item>
		<title>Employee vs. Independent Contractor Tax Problems</title>
		<description><![CDATA[New bill seeks to reduce worker misclassifications H.R. 5804, 4/15/08 [Taxpayer Responsibility, Accountability, and Consistency Act of 2008]  
Rep. James McDermott (D-Wash) has introduced legislation that would revise employee vs. independent contractor rules and increase information reporting penalties The legislation is called the “Taxpayer Responsibility, Accountability, and Consistency Act of 2008,” and it primarily [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/employee-vs-independent-contractor-tax-problems/</link>
			</item>
	<item>
		<title>1600% Increase in IRS Tax Levies since 2000</title>
		<description><![CDATA[TIGTA report &#8220;Trends in Compliance Year Activities Through Fiscal Year 2007&#8243; [Audit Report No. 2008-30-095]:  
Fiscal year 2007 marked another period of improvement in IRS&#8217;s compliance activities, continuing an eight-year period of upward trends in such endeavors, the Treasury Inspector General for Tax Administration (TIGTA) said in a new audit.
Many enforcement activities continued to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/1600-increase-in-irs-tax-levies-since-2000/</link>
			</item>
	<item>
		<title>Tax Problems: Type of Tax Problems and how to resolve them</title>
		<description><![CDATA[Tax Problem Solver – Why You Need Professional Help
 Tax problems come in different forms; IRS tax problems, State tax problems, and Sales tax problems. Tax authorities are constantly increasing their tax enforcement efforts through tax collection and tax audit.
When taxpayers receive the dreaded tax notice that their tax return or their business is going [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/tax-problems-type-of-tax-problems-and-how-to-resolve-them/</link>
			</item>
	<item>
		<title>Audits of S Corporations are on the rise</title>
		<description><![CDATA[TIGTA study finds modest audit rate increase for C corps but marked increase for passthroughs ( S Corps)
Trends in Compliance Activities Through Fiscal Year 2007, TIGTA Reference Number 2008–30–095
A recently released TIGTA (Treasury Inspector General for Tax Administration) report reveals that despite a slight uptick in FY 2007, IRS audits of corporations have declined dramatically [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/audits-of-s-corporations-are-on-the-rise/</link>
			</item>
	<item>
		<title>IRS tax levy wage garnishment bank levy</title>
		<description><![CDATA[TIGTA issues statutory review of IRS compliance with legal guidelines when issuing levies [ Audit Report No. 2008-30-097 ]: 
During the process of issuing levies, IRS has been complying with legal guidelines regarding proper notification and the protection of taxpayer rights, the Treasury Inspector General for Tax Administration (TIGTA) reported in a recent audit.
The agency [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/irs-tax-levy-wage-garnishment-bank-levy/</link>
			</item>
	<item>
		<title>Offshore payroll tax problems</title>
		<description><![CDATA[Houses passes legislation that would make sure certain government contractors pay employment taxes  &#8211; Foreign shell companies payroll tax problemsMike Habib, EAmyIRSTaxRelief.com
The House of Representatives has passed legislation [H.R. 5719, Sec. 18, 4/15/08] proposed by Representatives Brad Ellsworth (D-Ind.) and Rahm Emanuel (D-Ill.) that seeks to end the practice of U.S. government contractors setting [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/offshore-payroll-tax-problems/</link>
			</item>
	<item>
		<title>Tax shelter tax problem resolution</title>
		<description><![CDATA[District court allows $60 million of income to be offset by Son-of-Boss shelter Sala v. U.S. (DC Co 4/22/08) 101 AFTR 2d ¶ 2008–720  Mike Habib, EAmyIRSTaxRelief.com
A district court has allowed an individual to offset $60 million of compensation income with losses from a Son-of-Boss transaction. 
Facts. Carlos E. Sala had income in 2000 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/tax-shelter-tax-problem-resolution/</link>
			</item>
	<item>
		<title>Retailer tax problem resolution</title>
		<description><![CDATA[Payments made by retailer in connection with sales promotion weren&#8217;t taxable  - PLR 200816027  
Mike Habib, EA
myIRSTaxRelief.com
The IRS has privately ruled that payments made by a retailer in connection with a sales promotion were nontaxable purchase price adjustments and they weren&#8217;t subject to reporting or withholding. 
Facts. Taxpayer, which owns retail stores, advertised [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/retailer-tax-problem-resolution/</link>
			</item>
	<item>
		<title>Business auto tax write off opportunity</title>
		<description><![CDATA[Enhanced tax breaks make it an especially good time to buy business autos Mike Habib, EAmyIRSTaxRelief.com
Thanks to economic woes in general and financial trouble for auto manufacturers in particular, it&#8217;s a good time to shop for a new vehicle, if you can afford to do so. Thanks to bonus first year depreciation deductions under the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/business-auto-tax-write-off-opportunity/</link>
			</item>
	<item>
		<title>Innocent spouse tax relief and tax problem resolution</title>
		<description><![CDATA[Tax Court properly denied separate filer equitable innocent spouse relief &#8211; Christensen, (CA 9 4/21/2008) 101 AFTR 2d ¶ 2008-705  
Mike Habib, EA
MyIRSTaxRelief.com
The Ninth Circuit has affirmed the Tax Court&#8217;s dismissal of a taxpayer&#8217;s claim for equitable innocent spouse relief under Code Sec. 6015(f). The Ninth Circuit agreed with the Tax Court&#8217;s finding that [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/innocent-spouse-tax-relief-and-tax-problem-resolution/</link>
			</item>
	<item>
		<title>Joint Venture Self-employment tax matters</title>
		<description><![CDATA[Qualified joint venture&#8217;s rental real estate income isn&#8217;t subject to self-employment tax  - Chief Counsel Advice 200816030  Mike Habib, EAmyIRSTaxRelief.com
In Chief Counsel Advice (CCA), IRS has concluded that the qualified joint venture election under Code Sec. 761(f) doesn&#8217;t cause self-employment tax to be imposed on income from a rental real estate business that [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/joint-venture-self-employment-tax-matters/</link>
			</item>
	<item>
		<title>Heavy Highway Vehicle Use Tax Collection</title>
		<description><![CDATA[TIGTA audit reviews effectiveness of IRS processing of Heavy Highway Vehicle Use Tax Return [Audit Report No. 2008-40-089]: 
The IRS should encourage more states to participate in its Alternative Proof of Payment Program for the collection of the Heavy Highway Vehicle Use Tax (also known as the Heavy Vehicle Use Tax), the Treasury Inspector General [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/past-due-tax-returns/heavy-highway-vehicle-use-tax-collection/</link>
			</item>
	<item>
		<title>Intellectual property payment deferral tax problem resolution</title>
		<description><![CDATA[The IRS OKs deferral of income from intellectual property payments
Mike Habib, EA
myIRSTaxRelief.com
The IRS has privately ruled that a taxpayer could defer reporting income from intellectual property payments until the tax year following the tax year of receipt of the payments under a revenue procedure governing advance payments. 
Background. Under the accrual basis method of accounting, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/intellectual-property-payment-deferral-tax-problem-resolution/</link>
			</item>
	<item>
		<title>Fiduciary Estate Trust Tax Resolution &#8211; Irrevocable Grantor Trust</title>
		<description><![CDATA[Grantor&#8217;s power to substitute trust property didn&#8217;t trigger inclusion in estate  - Rev Rul 2008-22, 2008-16 IRB 796  Mike Habib, EAmyIRSTaxRelief.com
A new revenue ruling concludes that the corpus of an irrevocable trust that a grantor created during life is not includible in his gross estate under Code Sec. 2036 or Code Sec. 2038 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/fiduciary-estate-trust-tax-resolution-irrevocable-grantor-trust/</link>
			</item>
	<item>
		<title>Farmers tax problems &#8211; Farmers Tax Relief Help</title>
		<description><![CDATA[Offsets in Senate Finance&#8217;s farm bill include Schedule F loss limits, optional self-employment tax, and information reporting
Mike Habib, EA
MyIRSTaxRelief.com
On April 18, the Senate Finance Committee conferees on the farm bill announced $2.4 billion of reforms/offsets &#8211; “double the reforms in the House or Senate bills alone” &#8211; that could be used to fully offset the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/farmers-tax-problems-farmers-tax-relief-help/</link>
			</item>
	<item>
		<title>Federal tax lien &#8211; IRS proposed priority</title>
		<description><![CDATA[IRS proposed regs would update federal tax lien priority provisions for holders of security interests
Preamble to Prop Reg 04/16/2008, Prop Reg § 301.6323(b)-1, Prop Reg § 301.6323(c)-2, Prop Reg § 301.6323(f)-1, Prop Reg § 301.6323(g)-1 
Mike Habib, EA
myIRSTaxRelief.com
IRS has issued proposed regs on the priority of federal tax liens against certain persons under Code Sec. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/federal-tax-lien-irs-proposed-priority/</link>
			</item>
	<item>
		<title>IRS enforcement in tax collection and tax audit activity is on the rise</title>
		<description><![CDATA[IRS Oversight Board Annual Report 2007 is now available &#8211; see more details below
Mike Habib, EAmyIRSTaxRelief.com
As you can see from the report below, the IRS places &#8220;enforcement&#8221; as their TOP priority, that will involve enforcement of their collection activity of back taxes owed, and enforcement of their tax audit activity.
The  IRS must strive to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/irs-enforcement-in-tax-collection-and-tax-audit-activity-is-on-the-rise/</link>
			</item>
	<item>
		<title>If You Missed the Tax Filing Deadline, There is Help Available</title>
		<description><![CDATA[You missed the tax deadline April 15th, so now what?

Mike Habib, EA
myIRSTaxRelief.com
Although the IRS has received a record number of returns this year, there are still thousands of people who did not file tax returns on April 15th.  The reasons for this are numerous, but the IRS research shows that often people do not [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/if-you-missed-the-tax-filing-deadline-there-is-help-available/</link>
			</item>
	<item>
		<title>Protective refund claim &#8211; possible tax recovery</title>
		<description><![CDATA[No refund suit is allowed in the absence of a timely claim filed with IRS  
U.S. v. Clintwood Elkorn Mining Co., (S Ct 4/15/2008) 101 AFTR 2d ¶ 2008–696  Mike Habib, EAmyIRSTaxRelief.com
The Supreme Court, reversing the Court of Appeals for the Federal Circuit, has held that the plain language of Code Sec. 7422(a) [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/protective-refund-claim-possible-tax-recovery/</link>
			</item>
	<item>
		<title>Truck Drivers &#8211; Trucking Company Tax Problem Resolution</title>
		<description><![CDATA[IRS acquiesces to TLC Leasing &#8211; explains meals deduction limit in employee leasing setting  Rev Rul 2008-23, 2008-18 IRB 
TRUCKER TAX RELIEF &#38; TRUCKER TAX PROBLEM RESOLUTION
Mike Habib, EA
myIRSTaxRelief.com
IRS has acquiesced to the Eighth Circuit&#8217;s holding in Transport Labor/Contract Leasing (TLC Leasing) that a company leasing truck drivers to client companies wasn&#8217;t subject to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/truck-drivers-trucking-company-tax-problem-resolution/</link>
			</item>
	<item>
		<title>Non US Person Tax Problem Resolution</title>
		<description><![CDATA[



IRS Begins Focus on Foreign Athletes
 and Entertainers











The IRS recently launched an Issue Management Team focused
on improving U.S. income reporting and tax payment complianceby foreign athletes and entertainers who work in the United States.The initial focus is on those engaged in tennis, golf and music. Theseindividuals and those associated with arranging their appearances inthe U.S. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/non-us-person-tax-problem-resolution/</link>
			</item>
	<item>
		<title>NOL Net Operating Loss Carryback Ruling</title>
		<description><![CDATA[Failure to follow IRS procedure prevented use of longer NOL carryback  
Tualatin Valley Builders Supply, Inc. v. U.S. 101 AFTR 2d ¶ 2008–688   
Mike Habib, EA
myIRSTaxRelief.com
The Ninth Circuit, affirming a district court, has held that a taxpayer could not use the special 5-year carryback period that applied for net operating losses arising [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/nol-net-operating-loss-carryback-ruling/</link>
			</item>
	<item>
		<title>US employers and foreign employees tax problem</title>
		<description><![CDATA[IRS rules that withholding exceptions for employees in foreign country don&#8217;t apply  - Chief Counsel Advice 200814010  
Mike Habib, EA
myIRSTaxRelief.com
In Chief Counsel Advice (CCA), IRS has held that a U.S. employer had to withhold on wages it paid to employees working in a foreign country. The withholding exception under Code Sec. 3401(a)(8)(A)(ii) (dealing [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/us-employers-and-foreign-employees-tax-problem/</link>
			</item>
	<item>
		<title>Net operating loss carryback &#8211; REITs property tax relief</title>
		<description><![CDATA[Foreclosure Prevention Act of 2008 &#8211; Senate passes housing stimulus bill 
Mike Habib, EAmyIRSTaxRelief.com
On Apr. 10, the Senate by a vote of 84 to 12 approved H.R. 3221, the “Foreclosure Prevention Act of 2008,” the Senate housing stimulus bill. Before final passage of the bill, the Senate approved an amendment offered by Senator John Ensign [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/net-operating-loss-carryback-reits-property-tax-relief/</link>
			</item>
	<item>
		<title>State Property Tax Credits &#8211; Tax Problem Resolution</title>
		<description><![CDATA[Memo explains how state property tax credits are taxed and reported  - Chief Counsel Advice 200814022  
Mike Habib, EA
myIRSTaxRelief.com
In Chief Counsel Advice, IRS has explained the proper federal income tax treatment of certain state property tax credits and the extent to which the state must provide information reports about the credits to IRS [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/state-property-tax-credits-tax-problem-resolution/</link>
			</item>
	<item>
		<title>Tax Exempt Status Wrongfully Revoked By The IRS</title>
		<description><![CDATA[IRS wrongfully revoked DLC&#8217;s tax-exempt status
Democratic Leadership Council, Inc. v. U.S., 101 AFTR 2d ¶ 2008-661
Mike Habib, EA
myIRSTaxRelief.com
A district court has held that IRS violated its own regs when it retroactively revoked the tax exempt status of the Democratic Leadership Council (DLC) as a Code Sec. 501(c)(4) social welfare organization. 
Facts. In &#8216;85, several prominent [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/tax-exempt-status-wrongfully-revoked-by-the-irs/</link>
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		<title>Kickback Income Tax Problem Resolution</title>
		<description><![CDATA[Kickback Income Tax Fraud &#8211; Ballard finally prevails in reversal by Eleventh Circuit
Ballard, (CA 11 4/7/2008) 101 AFTR 2d ¶ 2008-659
Mike Habib, EA
myIRSTaxRelief.com
In the latest chapter of a case with a long and storied history, the Eleventh Circuit rejected the Tax Court&#8217;s findings that a taxpayer fraudulently failed to pay tax on kickback income. Instead, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/kickback-income-tax-problem-resolution/</link>
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	<item>
		<title>Tax Development Q1 2008 &#8211; Economic Stimulus &#8211; Chances of being audited</title>
		<description><![CDATA[The most important IRS Tax Development in Q1 2008
   Mike Habib, EA
myIRSTaxRelief.com
While the Economic Stimulus Act of 2008 was the most significant development in the first quarter of 2008, many other tax developments may affect you, your family, and your livelihood. The new law changes and other key developments are summarized below. Please [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/tax-development-q1-2008-economic-stimulus-chances-of-being-audited/</link>
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		<title>IRS Tax Penalty &#8211; How to abate and avoid penalties</title>
		<description><![CDATA[Avoiding IRS Tax Penalties and the Tax Gap
Mike Habib, EA
myIRSTaxRelief.com

IRS — The Internal Revenue Code imposes many different kinds of penalties, ranging from civil fines to imprisonment for criminal tax evasion.
If you do not file your return and pay your tax by the due date, you may have to pay a penalty. You may also [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/irs-tax-penalty-how-to-abate-and-avoid-penalties/</link>
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	<item>
		<title>Intellectual property contribution tax problem resolution</title>
		<description><![CDATA[Final regs detail donee&#8217;s filing requirements for qualified intellectual property contributions
T.D. 9392, 04/04/2008; Reg. § 1.6050L-2
Mike Habib, EA
MyIRSTaxRelief.com
IRS has issued final regs explaining the information return requirements for donees receiving net income from qualified intellectual property contributions made after June 3, 2004. 
Background. A taxpayer&#8217;s deduction for the donation of “qualified intellectual property” &#8211; patents, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/intellectual-property-contribution-tax-problem-resolution/</link>
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		<title>Estate and Gift Tax Problem Resolution</title>
		<description><![CDATA[Estate and Gift Tax Relief &#8211; Joint Committee Staff examines options for reforming transfer taxes Mike Habib, EAMyIRSTaxRelief.com
The Staff of the Joint Committee on Taxation has released JCX-23-08, Taxation Of Wealth Transfers Within A Family: A Discussion Of Selected Areas For Possible Reform. This document, which was prepared in conjunction with an Apr. 3, 2008 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/estate-and-gift-tax-problem-resolution/</link>
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		<title>Medical FICA Tax Problem Resolution</title>
		<description><![CDATA[District court holds that stipends paid to medical residents were exempt from FICA
Regents of the University of Minnesota v. U.S. (DC MN 4/1/2008) 101 AFTR 2d ¶ 2008-647
Mike Habib, EAmyIRSTaxRelief.com
A district court has held that stipends paid by the Regents of the University of Minnesota to medical residents were exempt from FICA under the Code [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/medical-fica-tax-problem-resolution/</link>
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		<title>Estimated tax payments &#8211; IRS Problem Resolution</title>
		<description><![CDATA[New, changed and expired provisions affect 2008 individual estimated tax  Mike Habib, EAMyIRSTaxRelief.com
Apr. 15, 2008 is the due date for affected calendar year taxpayers to make their first installment of 2008 estimated tax. There aren&#8217;t any drastic changes in the estimated tax rules themselves for 2008. However, there are a number of new, changed [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/estimated-tax-payments-irs-problem-resolution/</link>
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	<item>
		<title>Insurance Agent Tax Resolution</title>
		<description><![CDATA[Retired insurance agents&#8217; renewal commissions didn&#8217;t qualify for FICA special timing rule
Mike Habib, EAmyIRSTaxRelief.com
Chief Counsel Advice 200813042
In a Chief Counsel Advice (CCA), IRS has ruled that because renewal commissions paid to its retired employees were subject to a substantial risk of forfeiture as of the insurance agents&#8217; retirement dates, an insurance company couldn&#8217;t take those [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/insurance-agent-tax-resolution/</link>
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		<title>Trucker Tax Relief &#8211; Trucker Tax Resolution Service</title>
		<description><![CDATA[Truckers Tax Relief &#8211; Are you a truck driver with tax problems?
If you&#8217;re a truck driver and owe the IRS, you&#8217;re better off resolving your tax debt now. As you know, tax problems do not go away by themselves! Stop your IRS wage garnishment today,  stop your IRS bank levy today, and release your [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/trucker-tax-relief-trucker-tax-resolution-service/</link>
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	<item>
		<title>Federal tax liens &#8211; failure to pay the estate taxes</title>
		<description><![CDATA[Homes sold by estate beneficiary remained subject to federal estate tax liens
First American Title Insurance Co., et al. v. U.S. (CA9 3/27/2008) 101 AFTR 2d ¶ 2008-622
   Mike Habib, EA
MyIRSTaxRelief.com
The Court of Appeals for the Ninth Circuit, affirming a district court, has held that title companies couldn&#8217;t recover estate taxes that they paid [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/federal-tax-liens-failure-to-pay-the-estate-taxes/</link>
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	<item>
		<title>Non-profit exempt organization tax problems</title>
		<description><![CDATA[IRS Regs clarify Code Sec. 501(c)(3) exempt status and impact of excise taxes
Mike Habib, EA
MyIRSTaxRelief.com
T.D. 9390, 03/27/2008; Reg. § 1.503(c)(3)-1, Reg. § 53.4958-2IRS has issued final regs clarifying the substantive requirements for tax exemption under Code Sec. 501(c)(3) and the relationship between those requirements and the imposition of Code Sec. 4958 excise taxes. The final [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/non-profit-exempt-organization-tax-problems/</link>
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	<item>
		<title>Dependent deductions tax problem</title>
		<description><![CDATA[Tax breaks for qualifying relatives are limited  &#8211; what you should knowInternal Legal Memorandum 200812024
Mike Habib, EAmyIRSTaxRelief.com
  An Internal Legal Memorandum (ILM) explains that various tax breaks are not allowed for qualifying relatives. Specifically, the ILM concludes that, apart from a dependency exemption, a taxpayer&#8217;s qualifying relative may not qualify him for the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/dependent-deductions-tax-problem/</link>
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		<title>Trust fund penalty responsible person for the Code Sec. 6672(a)</title>
		<description><![CDATA[Tax-exempt hospital&#8217;s chairman of the board was liable for trust fund penalty &#8211; have a tax professional on your side
Mike Habib, EA
myIRSTaxRelief.com
Stephen Verret v. U.S. (DC TX 2/14/2008) 101 AFTR 2d ¶2008-572 
A district court has found that the chairman of the board of a tax-exempt hospital was a responsible person liable for the Code [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/trust-fund-penalty-responsible-person-for-the-code-sec-6672a/</link>
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	<item>
		<title>2004 Unfiled tax returns Back Taxes Past Due Tax Return</title>
		<description><![CDATA[IRS Has $1.2 Billion for People Who Have Not Filed a 2004 Tax Return
Mike Habib, EA
MyIRSTaxRelief.com
IRS-2008-46, March  19, 2008
IRS WASHINGTON — Unclaimed refunds totaling approximately $1.2 billion are awaiting about 1.3 million people who failed to file a federal income tax return for 2004, the Internal Revenue Service announced today. However, to collect the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/2004-unfiled-tax-returns-back-taxes-past-due-tax-return/</link>
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	<item>
		<title>PPA Pension Protection Act Tax Issues</title>
		<description><![CDATA[IRS issues proposed regs reflecting PPA changes and guidance for notice of retroactively effective plan amendments
Mike Habib, EA
myIRS.TaxRelief.com
Prop Reg § 1.411(d)-3(a)(1); Prop Reg § 54.4980F-1, Q&#38;A 8(d); Prop Reg § 54.4980F-1, Q&#38;A 9(f); Prop Reg § 54.4980F-1, Q&#38;A 9(g); Prop Reg § 54.4980F-1, Q&#38;A 11(a)(7); Prop Reg § 54.4980F-1, Q&#38;A 18(a)(4); Prop Reg § 54.4980F-1, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/ppa-pension-protection-act-tax-issues/</link>
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	<item>
		<title>Lower interest rate could result in higher taxes</title>
		<description><![CDATA[How falling interest rates and the declining stock market affect tax and estate planning 
Mike Habib, EA
myIRSTaxRelief.com
Interest rates have dropped significantly in recent months and may drop even more given the state of the economy. Sagging rates can have a significant impact on many tax and estate planning strategies. Lower interest rates affect the income, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/lower-interest-rate-could-result-in-higher-taxes/</link>
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	<item>
		<title>Credit card debt triggers tax problems &#8211; know your options</title>
		<description><![CDATA[Did you know that forgiven credit card debt triggered taxable income  
Mike Habib, EAmyIRSTaxRelief.com
A new Tax Court case illustrates how a taxpayer generally has taxable income when a credit card company agrees to accept a reduced payment in settlement of his or her account. 
Background. A solvent debtor usually realizes income from the discharge [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/past-due-tax-returns/credit-card-debt-triggers-tax-problems-know-your-options/</link>
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	<item>
		<title>IRA Tax Problem? What options you have</title>
		<description><![CDATA[“Makeup” required minimum distributions salvage lifetime payouts to nonspouse IRA beneficiaryMike Habib, EAmyIRSTaxRelief.comA private letter ruling allows the nonspouse beneficiary of an IRA to salvage lifetime payouts even though she failed an essential rule requiring distributions to begin by the end of the year following the year of the IRA owner&#8217;s death. She made up [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/ira-tax-problem-what-options-you-have/</link>
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		<title>IRS Tax Problems? Get Resolution today &#8211; here&#8217;s why</title>
		<description><![CDATA[  
If you owe the IRS, you&#8217;re better off resolving your tax debt now. As you know, tax problems do not go away by themselves! Stop IRS wage garnishment today,  stop IRS bank levy today, and release IRS tax lien today.
As you can see from the statement below by Mr. Douglas H. Shulman, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/irs-tax-problems-get-resolution-today-heres-why/</link>
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	<item>
		<title>Are you being audited? IRS audits you need to know</title>
		<description><![CDATA[What are your chances for being audited? IRS&#8217;s 2007 data book provides some clues
Mike Habib, EA
myIRSTaxRelief.comIRS has issued its annual data book, which provides statistical data on its fiscal year (FY) 2007 activities. As this article explains, the data book provides valuable information about how many tax returns IRS examines (audits), and what categories of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/are-you-being-audited-irs-audits-you-need-to-know/</link>
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	<item>
		<title>Sub-prime loans tax problem &#8211; Investors tax resolution options</title>
		<description><![CDATA[Investors suffered theft loss in connection with company that issued sub-prime loans
Mike Habib, EA
myIRSTaxRelief.comA Chief Counsel Advice (CCA) has concluded that a theft occurred in connection with investors&#8217; losses on loans to a company engaged in writing sub-prime loans. However, it determined that whether and when a theft occurred for any particular investor, and what [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/sub-prime-loans-tax-problem-investors-tax-resolution-options/</link>
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	<item>
		<title>IRS 2008 list of notorious tax scams</title>
		<description><![CDATA[IRS unveils 2008 list of notorious tax scams &#8211; the “Dirty Dozen”
Mike Habib, EA
myIRSTaxRelief.com
IRS has recently unveiled its latest list of notorious tax scams, which it calls the “Dirty Dozen,” highlighted by Internet phishing scams and several frivolous tax arguments. New to the “Dirty Dozen” this year is a scheme, which IRS auditors discovered, that [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/irs-2008-list-of-notorious-tax-scams/</link>
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	<item>
		<title></title>
		<description><![CDATA[IRS website provides guidance on S corporation election problems Filing Requirements for Filing Status Change, on IRS website 
Mike Habib, EAmyIRSTaxRelief.com
In a recent posting on its website, IRS explains the steps to be taken and forms to be filed by taxpayers requesting to change their filing status from a C Corporation (filing Form 1120) to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/54/</link>
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	<item>
		<title>House passes Pension Protection Technical Corrections Act</title>
		<description><![CDATA[House passes Pension Protection Technical Corrections Act &#8211; final action delayed till after recess
Mike Habib, EA
myIRSTaxRelief.com
The House passed the “Pension Protection Technical Corrections Act of 2007” (H.R. 3361) by voice vote on Mar. 12, 2008. The bill would make technical corrections to the Pension Protection Act of 2006 (PPA). The Senate had passed their version [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/house-passes-pension-protection-technical-corrections-act/</link>
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	<item>
		<title>Annuity tax problems and issues</title>
		<description><![CDATA[IRS eases rules for partial annuity exchanges Mike Habib, EAmyIRSTaxRelief.com
In 2003, IRS issued a revenue ruling formally sanctioning partial annuity exchanges as qualifying for tax-free treatment under Code Sec. 1035. At the same time, it issued a notice warning that it would go after taxpayers who use partial exchanges to avoid tax under Code Sec. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/annuity-tax-problems-and-issues/</link>
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	<item>
		<title>Tax Negotiation Buyer Beware Report</title>
		<description><![CDATA[   
How to compare tax relief and resolution service companies?
Customer…Beware!
  
How To Keep From Getting Ripped Off?
Many “Tax Negotiation” companies out there will absolutely rip you off. These unscrupulous firms will take your money regardless of whether they can help you or not. They&#8217;ll lie to you and tell you they can [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/bank-levy/tax-negotiation-buyer-beware-report/</link>
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	<item>
		<title>Securities, stocks, capital assets tax problem resolution</title>
		<description><![CDATA[Final regs clarify treatment of loss from abandoned securities  
Mike Habib, EAmyIRSTaxRelief.com
IRS has issued final regs that provide guidance on the availability and character of a loss deduction from abandoned securities under Code Sec. 165. The regs, which adopt proposed regs issued in 2007, apply to securities abandoned after Mar. 12, 2008. 
Background. If [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/securities-stocks-capital-assets-tax-problem-resolution/</link>
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		<title>Payroll taxes on bonuses and vacation pay</title>
		<description><![CDATA[Recurring item deduction exception allowed for payroll taxes on bonuses and vacation pay 
Mike Habib, EA
myIRSTaxRelief.com
In a Revenue Procedure, IRS has provided a safe harbor accounting method for accrual method taxpayers that incur Federal Insurance Contributions Act (FICA) tax and Federal Unemployment Tax Act (FUTA) tax (i.e., payroll tax) liabilities bonuses and vacation pay, as [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/payroll-taxes-on-bonuses-and-vacation-pay/</link>
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		<title>Taxes and Capitalization of tangible assets &#8211; Part III</title>
		<description><![CDATA[New proposed regs address complex issue &#8211; capitalization of tangible assets &#8211; Part III Mike Habib, EAmyIRSTaxRelief.com
IRS has issued new comprehensive proposed regs on when amounts are treated as paid to acquire, produce, or improve tangible property. They replace controversial proposed regs that were issued on the same subject in 2006 and that IRS has [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/taxes-and-capitalization-of-tangible-assets-part-iii/</link>
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	<item>
		<title>Complex Tax issue — capitalization of tangible assets—Part II</title>
		<description><![CDATA[New proposed regs address complex issue—capitalization of tangible assets—Part II
Mike Habib, EAmyIRSTaxRelief.com
IRS has issued new comprehensive proposed regs on when amounts are treated as paid to acquire, produce, or improve tangible property. They replace controversial proposed regs that were issued on the same subject in 2006 and that IRS has now withdrawn. The new proposed [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/complex-tax-issue-%e2%80%94-capitalization-of-tangible-assets%e2%80%94part-ii/</link>
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		<title>Taxes and S corporations undergoing F reorganizations</title>
		<description><![CDATA[New guidance for S corporations undergoing F reorganizations
Mike Habib, EAmyIRSTaxRelief.com
A new revenue ruling provides guidance for S corporations that undergo a type F reorganization where the operating S corporation becomes a qualified Subchapter S subsidiary (QSub) of a new holding corporation. It also explains which employer identification number (EIN) each entity is to use and [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/taxes-and-s-corporations-undergoing-f-reorganizations/</link>
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	<item>
		<title>The IRS and the capitalization of tangible assets</title>
		<description><![CDATA[New proposed regs address complex issue—capitalization of tangible assetsMike Habib, EAmyIRSTaxRelief.com
IRS has issued new comprehensive proposed regs on when amounts are treated as paid to acquire, produce, or improve tangible property. They replace controversial proposed regs that were issued on the same subject in 2006 and that IRS has now withdrawn. The new proposed regs [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/the-irs-and-the-capitalization-of-tangible-assets/</link>
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	<item>
		<title>1031 Like-Kind Exchanges Tax FAQ</title>
		<description><![CDATA[Like-Kind Exchanges Under IRC Code Section 1031
Mike Habib, EAmyIRSTaxRelief.com
Whenever you sell a business or an investment property and you have a gain, you generally have to pay tax on the gain at the time of sale. IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/1031-like-kind-exchanges-tax-faq/</link>
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		<title>Poker Tournament Winnings Must be Reported to the IRS</title>
		<description><![CDATA[Starting March 2008, casinos and other sponsors of poker tournaments will be required to report most winnings to winners and the Internal Revenue Service, according to the IRS.
Mike Habib, EAmyIRSTaxRelief.com
The new requirement, which went into effect on March 4, 2008, was contained in guidance released Sept. 4 by the Treasury Department and the IRS. The [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/unfiled-tax-returns/poker-tournament-winnings-must-be-reported-to-the-irs/</link>
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		<title>Tax audit of Exempt Organizations Non Profit Organizations</title>
		<description><![CDATA[Examination and Compliance Check Processes For Exempt Organizations
Mike Habib, EAmyIRSTaxRelief.com
The Internal Revenue Service has a variety of tools at its disposal to make certain that tax-exempt organizations comply with federal law designed to ensure they are entitled to any tax exemption they may claim.
The responsibility for administering these procedures belongs to the Exempt Organizations (EO) [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/tax-audit-of-exempt-organizations-non-profit-organizations/</link>
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	<item>
		<title>Past due tax return what to do</title>
		<description><![CDATA[Help Yourself by Filing Past-Due Tax Returns
Mike Habib, EAmyIRSTaxRelief.com
Most citizens voluntarily file their tax returns and pay their taxes. Most people explain it by saying they want to pay their fair share. Others file to get a refund, claim a credit or avoid breaking the law.
There are times when normally law-abiding citizens fail to file. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/past-due-tax-returns/past-due-tax-return-what-to-do/</link>
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		<title>Pension Protection Act of 2006 Tax Issues</title>
		<description><![CDATA[Guidance on timing of PPA-related amendments for calculating plan cash-outs starting in 2008
Mike Habib, EAmyIRSTaxRelief.com
IRS has issued guidance, in question and answer format, that addresses the timing of plan amendments made to comply with Sec. 302 of the Pension Protection Act of 2006 (PPA 2006, P.L. 109-280, Sec. 302), which changed the statutory assumptions that [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/pension-protection-act-of-2006-tax-issues/</link>
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	<item>
		<title>Retirement News for Employers</title>
		<description><![CDATA[IRS explains how to correct a failure to follow retirement plan termsRetirement News for Employers
Mike Habib, EA
In its Retirement News for Employers, IRS has explained how to correct the common retirement plan mistake of failing to follow the plan terms in its operation. IRS clarified when a plan amendment can be used to correct this [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-notice/retirement-news-for-employers/</link>
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	<item>
		<title>Payroll tax levy Employment tax levies Payroll Tax Problem</title>
		<description><![CDATA[IRS provides guidance on new rules for employment tax levies
Mike Habib, EA
The IRS has issued interim guidance to its directors and collection area offices that explains when it is permissible to issue a levy to collect employment taxes without first giving the taxpayer a pre-levy collection due process (CDP) notice.
The IRS is authorized to take [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/bank-levy/payroll-tax-levy-employment-tax-levies-payroll-tax-problem/</link>
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	<item>
		<title>Distressed asset trust DAT tax problem</title>
		<description><![CDATA[Distressed asset trust transactions identified as listed transactions
Mike Habib, EA
In a Notice, the IRS has identified a distressed asset trust (DAT) transaction as a listed transaction under Reg. § 1.6011-4(b)(2), Code Sec. 6111 and Code Sec. 6112. In such a transaction, a tax-indifferent party contributes one or more distressed assets with a high basis and [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/distressed-asset-trust-dat-tax-problem/</link>
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		<title>How to reconstruct tax records after a disaster</title>
		<description><![CDATA[Reconstructing Your Records
Mike Habib, EA
Reconstructing records after a disaster may be essential for tax purposes, getting federal assistance or insurance reimbursement. Records that you need to prove your loss may have been damaged or destroyed in a casualty. While it may not be easy, reconstructing your records may be essential for:
   * Tax [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/how-to-reconstruct-tax-records-after-a-disaster/</link>
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		<title>Is an IRS Offer In Compromise right for you? Know your options!</title>
		<description><![CDATA[Direct from the IRS
Mike Habib, EA
Is an Offer in Compromise Right for You?
Should the IRS determine that a taxpayer is unable to pay the liability in a lump sum or through an installment agreement and has exhausted the search for other payment arrangements the last option would be to file an Offer in Compromise (OIC).
An [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/is-an-irs-offer-in-compromise-right-for-you-know-your-options/</link>
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		<title>What is an Offer In Compromise OIC &#8211; Why you need professional representation</title>
		<description><![CDATA[As per the IRS Offer in Compromise
Mike Habib, EA
If taxpayers are unable to pay a tax debt in full and an installment agreement is not an option, they may be able to take advantage of an offer in compromise (OIC). Generally, an OIC should be viewed as a last resort after taxpayers have explored all [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/what-is-an-offer-in-compromise-oic-why-you-need-professional-representation/</link>
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		<title>1099 Tax Reporting Requirements Corporations, LLCs, DBAs</title>
		<description><![CDATA[Most common questions by corporations and other business entities on 1099 reporting requirements. Below is a direct IRS response to frequently asked question on 1099 issues.
Mike Habib, EA
IRS provides further guidance on Form 1099 reporting
Questions on Corporations. Generally, payments to corporations are not reported on Form 1099-MISC, Miscellaneous Income. Here are some of the questions [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/1099-tax-reporting-requirements-corporations-llcs-dbas/</link>
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		<title>IRS targets offshore bank accounts Tax Haven Abuse</title>
		<description><![CDATA[IRS and treaty partners target Liechtenstein accounts
Mike Habib, EA
An IRS news release reports that IRS is initiating enforcement action involving more than 100 U.S. taxpayers to ensure proper income reporting and tax payment in connection with accounts in Liechtenstein.
      Observation: IRS is not alone in raising concerns about such accounts. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/irs-targets-offshore-bank-accounts-tax-haven-abuse/</link>
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		<title>Partnership tax vs. Individual tax return Problem Resolution</title>
		<description><![CDATA[Supreme Court won&#8217;t review case holding that partner must pay tax on escrowed disputed funds
Mike Habib, EA
The Supreme Court has declined to review a decision of the U.S. Court of Appeals for the First Circuit that an individual who was a partner in a partnership had to pay tax on his distributive share of the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/partnership-tax-vs-individual-tax-return-problem-resolution/</link>
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		<title>Tax Controversy Services</title>
		<description><![CDATA[As you probably know by now, I specialize in representing individuals and businesses before the IRS and any taxing authority.
Mike Habib, EA
IRS strengthened enforcement policies, along with their new and complex tax regulations, makes it essential to properly plan for and manage IRS examinations or collections efforts in a proactive manner. Applying new dispute resolution [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/tax-controversy-services/</link>
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		<title>Wage Garnishment? Bank Levy? Save your paycheck and bank account</title>
		<description><![CDATA[Want to stop a wage levy or a bank levy? Read on&#8230;.
Mike Habib, EA
If you have not noticed, the IRS is getting more aggressive in their collection, and audit activities. Enforcement actions is at its highest level for years now!
Here is the scoop directly from the IRS
Fiscal Year 2007 Enforcement and Services Results
The IRS continues [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/wage-garnishment-bank-levy-save-your-paycheck-and-bank-account/</link>
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		<title>IRS Tax Audit due to Tax Return Preparer Fraud</title>
		<description><![CDATA[Tax Return Preparer Fraud
Since I recently represented an innocent couple who were victims of Tax Return Preparer Fraud, and successfully helped them in their audit, I thought you might be interested in the info below.
Per the IRS:
FS-2008-10, January 2008
Return preparer fraud generally involves the preparation and filing of false income tax returns by preparers who [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/irs-tax-audit-due-to-tax-return-preparer-fraud/</link>
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		<title>Economic Stimulus Rebate Check to be sent by the IRS</title>
		<description><![CDATA[In an effort to stimulate the economy, the recently-enacted Economic Stimulus Act of 2008 requires the U.S. Treasury to send rebate checks to eligible individuals. 
Who qualifies for rebates, how they are calculated, and what, if anything extra, needs to be done to get one.
You&#8217;ve probably heard that the government is going to be sending [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/unfiled-tax-returns/economic-stimulus-rebate-check-to-be-sent-by-the-irs/</link>
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		<title>Capital gain tax on disputed sale in shareholder&#8217;s forced buyout</title>
		<description><![CDATA[Tax problem with capital gain taxes, S Corp capital gain tax problem
Ninth Circuit holds that gain was recognized on disputed sale in shareholder&#8217;s forced buyout
Glenn Hightower v. Comm., (CA9 2/12/2008) 
The Court of Appeals for the Ninth Circuit, affirming the Tax Court&#8217;s decision, has held that an individual who had been a 50% co-owner of [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/offer-in-compromise-oic/capital-gain-tax-on-disputed-sale-in-shareholders-forced-buyout/</link>
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		<title>IRS gets tougher on VPFC variable prepaid forward contracts with share lending arrangements</title>
		<description><![CDATA[IRS gets tougher on variable prepaid forward contracts with share lending arrangements Variable Prepaid Forward Contracts Incorporating Share Lending Arrangements 
An IRS coordinated issue paper for all industries concludes that variable prepaid forward contract (VPFC) transactions that incorporate a share lending or similar agreement permitting the counterparty to borrow or dispose of the pledged shares [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/irs-gets-tougher-on-vpfc-variable-prepaid-forward-contracts-with-share-lending-arrangements/</link>
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	<item>
		<title>IRS SFR Substitute For Return Unfiled Tax Returns Back Taxes Owed</title>
		<description><![CDATA[Final substitute return regs adopt temporary and proposed regs with one minor changeT.D. 9380, 2/12/2008; Reg. § 301.6020-1
Mike Habib, EA
In 2005, IRS issued temporary (also issued as proposed regs) that broadened the scope of when IRS-prepared substitute returns (SFR) are valid. Specifically, the temporary regs provide that a document or set of documents (including a [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/irs-sfr-substitute-for-return-unfiled-tax-returns-back-taxes-owed/</link>
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		<title>Tax Court found that it could hear challenge to frivolous return penalty before rejecting summary judgment in favor of IRS</title>
		<description><![CDATA[IRS tax problem, IRS penalty, IRS Tax court ruling in favor of taxpayer
Tax Court found that it could hear challenge to frivolous return penalty before rejecting summary judgment in favor of IRS
Callahan (2008), 130 TC No. 3
After determining that the taxpayers could challenge a frivolous return penalty before it, the Tax Court went on to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/tax-court-found-that-it-could-hear-challenge-to-frivolous-return-penalty-before-rejecting-summary-judgment-in-favor-of-irs/</link>
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		<title>IRS targets tool reimbursement plans that recharacterize wages</title>
		<description><![CDATA[IRS targets tool reimbursement plans that recharacterize wagesEmployee Tool &#038; Equipment Alert 
on IRS&#8217;s website http://www.irs.gov/businesses/article/0,,id=178028,00.html
IRS has established a cross divisional team to address significant concerns with employee tool and equipment plans that purport to be valid accountable plans. Taxpayers that are considering implementing these plans, which are widely marketed to various industries, including the [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/irs-targets-tool-reimbursement-plans-that-recharacterize-wages/</link>
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		<title>Foreign nationals, non US citizens with IRS filings, dealing, or tax problems facing non US citizens and foreign national</title>
		<description><![CDATA[Changes made to Form 1042-S (Foreign Person&#8217;s U.S. Source Income Subject to Withholding)
Mike Habib, EA
The IRS has made some changes to the electronic/magnetic media filing procedures for 2007 Form 1042-S, Foreign Person&#8217;s U.S. Source Income Subject to Withholding, and also released the 2008 version of the form. Form 1042-S is filed by withholding agents to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/foreign-nationals-non-us-citizens-with-irs-filings-dealing-or-tax-problems-facing-non-us-citizens-and-foreign-national/</link>
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	<item>
		<title>Capital gain treatment for self-created musical work</title>
		<description><![CDATA[Music composer tax related capital gain treatment
IRS Temp reg describes how and when to elect capital gain treatment for self-created musical works
T.D. 9379, 02/07/2008, Reg. § 1.1221-3T; Preamble to Prop Reg 02/07/2008, Prop Reg § 1.1221-3
IRS has issued a temporary reg on the time and manner for making an election under Code Sec. 1221(b)(3) to [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/capital-gain-treatment-for-self-created-musical-work/</link>
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		<title>Employment / Payroll tax penalty abatement, Payroll tax problem, Abate tax penalty</title>
		<description><![CDATA[Employment tax penalty abatement, Payroll tax problem, Abate tax penaltyCourt says bank error (not employee error) may be reasonable cause to abate employment tax assessment
Mike Habib, EA
Don Johnson Motors, Inc. v. U.S., DC TX, 101 AFTR 2d 2008-370, Civil Action No. B-06-047, 12/21/07
Employment tax problem? Get representation today!
A Texas U.S. district court has ruled that [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/employment-payroll-tax-penalty-abatement-payroll-tax-problem-abate-tax-penalty/</link>
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		<title>S Corporation Tax Problems, IRS S Corp Tax Issues, IRS S Corp Audit</title>
		<description><![CDATA[S corporations tax challenges by the IRS and other taxing authorities
Tax Advocate&#8217;s Report highlights S corporation issues
Despite the fact that Subchapter S corporations are the most common corporate entity (over three million S corporations filing returns in fiscal year 2006), the National Taxpayer Advocate&#8217;s 2007 Annual Report notes that IRS is still struggling to develop [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/s-corporation-tax-problems-irs-s-corp-tax-issues-irs-s-corp-audit/</link>
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		<title>Is the IRS knocking on your door? Don&#8217;t let them in!!</title>
		<description><![CDATA[How to handle the IRS at your Front Door? Is a Revenue Officer or a Revenue Agent visiting you soon?
If you find yourself face to face with an IRS Agent (Revenue Officer for collection issues, or Revenue Agent for audit and examination issues), at your front door you must remember to avoid these common mistakes:
 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/is-the-irs-knocking-on-your-door-dont-let-them-in/</link>
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		<title>Taxpayer Advocate&#8217;s Annual Report to Congress highlights compliance problems &amp; suggests improvements</title>
		<description><![CDATA[Taxpayer Advocate&#8217;s Annual Report to Congress highlights compliance problems &#038; suggests improvements
The National Taxpayer Advocate has released its 2007 Annual Report to Congress. It&#8217;s a voluminous study of the most serious problems facing taxpayers and IRS, along with suggested improvements. These problems include late-year Code changes by Congress, nonreporting of income in the cash economy, [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/taxpayer-advocates-annual-report-to-congress-highlights-compliance-problems-suggests-improvements/</link>
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		<title>Don’t get into an IRS payroll tax problem &#8211; Payroll Taxes forms 940, 941, and 944</title>
		<description><![CDATA[Payroll Taxes forms 940, 941, and 944 update
Don’t get into an IRS payroll tax problem…
IRS has revised its instructions for Forms 940, 941, and 944 and will be sending out notices in February to employers that are eligible to file Form 944 for the 2008 tax year.
Form 940. The 2007 Form 940, Employer&#8217;s Annual Federal [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/don%e2%80%99t-get-into-an-irs-payroll-tax-problem-payroll-taxes-forms-940-941-and-944/</link>
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		<title>IRS tax audit and IRS tax problems facing transportation or construction businesses, and other similar industries</title>
		<description><![CDATA[IRS tax audit and IRS tax problems facing transportation or construction businesses, and other similar industries
IRS SBSE-04-0108-003, 1/14/08

The IRS has reissued interim guidance that provides audit guidelines to its examiners reviewing excess per diem payments. The original guidance expired in November 2007.
The original guidance (IRS SBSE-04-1106-049) affected taxpayers who paid reimbursement allowances to employees for [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-audits/irs-tax-audit-and-irs-tax-problems-facing-transportation-or-construction-businesses-and-other-similar-industries/</link>
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		<title>IRS Penalty Abatement &#8211; Don&#8217;t Pay the IRS Penalties!</title>
		<description><![CDATA[IRS Tax Penalties, type of IRS tax penalties, options to address your IRS tax penalty and more&#8230;

The IRS has over 148 different types of penalties. And boy do they love to hand them out. The worst part is that the IRS also charges interest and additional penalties on the original penalty.

 
So you must try [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/irs-penalty-abatement-dont-pay-the-irs-penalties/</link>
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	<item>
		<title>IRS tax audit, IRS tax examination, IRS audit reconsideration, IRS appeal</title>
		<description><![CDATA[IRS tax audit, IRS tax examination, IRS audit reconsideration, IRS appeal
Are you asking yourself &#8230; If I have tax problems who should I contact?
Fiscal Year 2007 Enforcement and Service ResultsAs reported in a statement issued by IRS, it has continued to make strong progress in a number of key enforcement areas. IRS enforcement efforts increased [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/penalty-abatement/irs-tax-audit-irs-tax-examination-irs-audit-reconsideration-irs-appeal/</link>
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		<title>The IRS has a check for you!</title>
		<description><![CDATA[What&#8217;s New: IRS has $110 million in undeliverable refunds

Are you still waiting for your tax refund? If so, you may be one of the 115,478 taxpayers to whom the IRS has been unable to deliver a refund check. The refunds total about $110 million. 
Every year there are taxpayers who don’t update the IRS or [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/the-irs-has-a-check-for-you/</link>
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	<item>
		<title>Mortgage Tax Debt Relief, AMT Relief</title>
		<description><![CDATA[Mortgage Tax Debt Relief, AMT Relief &#8211; why you need professional tax advice

AMT relief. In general terms, to find out if you owe alternative minimum tax (AMT), you start with regular taxable income, modify it with various adjustments and preferences (such as add-backs for property and income tax deductions and dependency exemptions), and then subtract [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/mortgage-tax-debt-relief-amt-relief/</link>
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		<title>List of expiring tax provisions</title>
		<description><![CDATA[I thought you might find this list of tax provisionsexpiring 12/31/07 helpful as you do year-end taxplanning.
TAX PROVISIONS EXPIRING 12/31/07
* Deduction of up to $2,000 or $4,000 (depending on income) for college tuition.
* Option to deduct state and local sales tax instead of state income tax.
* Election to include combat pay as earned income for [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/list-of-expiring-tax-provisions/</link>
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		<title>IRS releases 2008 tax figures</title>
		<description><![CDATA[As you prepare for the upcoming tax year, I thought youmight find this brief rundown of 2008 tax changes useful.
* ADOPTION TAX CREDIT increases to $11,650 for adoption of an eligible child.
* SECTION 179 maximum deduction increases to $128,000. Phase-out threshold increases to $510,000.
* STANDARD MILEAGE RATE for business driving increases to 50.5¢ a mile. [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/irs-releases-2008-tax-figures/</link>
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		<title>AMT &#8211; Alternative Minimum Tax 2007-2008</title>
		<description><![CDATA[On December 26, 2007, President Bush signed the &#8220;TaxIncrease Prevention Act of 2007,&#8221; providing a one-year&#8220;patch&#8221; to the alternative minimum tax (AMT).
Without this legislation, an estimated 25 milliontaxpayers would have had to pay an average of $2,000in additional taxes for 2007.
The new law increases the 2007 AMT exemption amount to$66,250 for joint filers, to $33,125 [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/irs-problem/amt-alternative-minimum-tax-2007-2008/</link>
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		<title>Staying off the IRS Radar Screen</title>
		<description><![CDATA[Nothing strikes terror in the heart of American taxpayers quite like finding a letter in the mailbox from the IRS! In an effort to help you avoid that unpleasant scenario, provided below are examples of some common pitfalls to avoid if you don’t want the IRS lining up to be your new pen pal.
It’s surprising [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/staying-off-the-irs-radar-screen/</link>
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		<title>Greetings from the IRS</title>
		<description><![CDATA[You’ve just picked up your mail and … uh oh, there among the ads, bills and too numerous offerings for credit cards is that official looking letter from the Internal Revenue Service.   A feeling of dread comes over you…but don’t panic or toss it, and please DO open it.  It might even [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/greetings-from-the-irs/</link>
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		<title>Solace for the Non-filer taxpayer</title>
		<description><![CDATA[Has it been awhile since you filed a tax return? Feeling guilty?  Scared? Don’t know what to do?  Do you even need to file?
Many people become non-filers each year for a number of reasons. They lose the paperwork, they couldn’t pay, or they forgot about it. Sometimes illness, family crisis or depression plays [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/solace-for-the-non-filer-taxpayer/</link>
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	<item>
		<title>Here&#8217;s a Resolution for &#8216;08: No More Tax Problems</title>
		<description><![CDATA[Facing an ever more aggressive Internal Revenue Service, Americans with tax debts should start 2008 with a fresh start and finally get rid of their looming tax problem(s).
Are you asking yourself &#8230; If i have tax problems who should I contact?
In case you hadn’t noticed, the taxman is after you.
2005 proved to be a year [...]]]></description>
		<link>http://www.myirstaxrelief.com/blog/wage-levy/heres-a-resolution-for-08-no-more-tax-problems/</link>
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