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You open your mail and you get the notice. You are being audited by the IRS. Now what do you do? First, relax. Then follow these 5 Easy Steps. 1) Read the Notice I know this sounds basic but…
Recently my daughter turned 18. In Connecticut this is considered the age of majority. In other words, she can make her own decisions. Well, that’s what the law says. However, she’s still living under my roof, so, well, she’s got…
Face it, no one likes to get letter from the Internal Revenue Service (“IRS”). This is particularly true when you are being assessed a penalty. The IRS has many different penalties. One penalty they have is the failure to file…
A new client came to us late last summer. She dropped off a notice from the Internal Revenue Service (“IRS”). It indicated her and her husband owed $267,892 of back taxes, penalties and interest. I don’t know about you, but…
All Physicians must take the Hippocratic Oath. This is an oath where they swear to practice ethically. Although there is some debate about the translation, the main theme is, ‘First, Do No Harm.’ All taxpayers need to take the Hippocratic…
