Tag Archives: Tax Problem Solutions

IRS Practice and Procedure Change: Examinations

In 2012, the IRS continued to focus on correspondence (mail) examinations, which contributed to an overall audit coverage rate of slightly more than 1% for individual taxpayers. This rate dropped slightly in 2012 due to a reduction in examination personnel. … Continue reading

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Employment Taxes and the Trust Fund Recovery Penalty (TFRP)

    At Lefstein-Suchoff CPA & Associates, we are committed to providing useful information that helps those faced with a situation requiring tax help for: tax settlements, tax debt, back taxes, IRS tax debt, an IRS levy, IRS tax audits, … Continue reading

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IRS Enforced Collection Actions

At Lefstein-Suchoff CPA & Associates, continues to provide useful information that helps those in need of tax help for: tax settlements, tax debt, back taxes, IRS tax debt, an IRS levy, IRS tax audits, Offer in Compromise, IRS tax lien, … Continue reading

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IRS Notice of Levy

If taxes are not paid timely, and the IRS is not notified why the taxes cannot be paid, the law requires that enforcement action be taken, and this may often involve the IRS issuing a Notice of Levy. This notice … Continue reading

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IRS Enforced Collection Actions

At Lefstein-Suchoff CPA & Associates, we are committed to providing useful information that helps those faced with a situation requiring tax help for: tax settlements, tax debt, back taxes, IRS tax debt, an IRS levy, IRS tax audits, Offer in … Continue reading

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Individual Not Real Estate Professional; Real Estate Losses Were Passive Activity Losses

   At Lefstein-Suchoff CPA & Associates, LLC we assist those faced with various tax problems, such as IRS problems including IRS Audits.  To do so, we keep up to date with recent Court decisions and IRS Rulings.  In our last … Continue reading

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Supreme Court Grants Certiorari To Defense Of Marriage Act Challenge in Estate Tax Case

    At Lefstein-Suchoff CPA & Associates, LLC we assist those faced with various tax problems, such as IRS problems including IRS Audits.  To do so, we keep up to date with recent Court decisions and IRS Rulings.  In our … Continue reading

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Partner Owed Self-Employment Tax on Guaranteed Payments from Partnership

  At Lefstein-Suchoff CPA & Associates, LLC we assist those faced with various tax problems, such as IRS problems including IRS Audits.  To do so, we keep up to date with recent Court decisions and IRS Rulings.  In our next … Continue reading

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Summary of an Offer in Compromise

  An offer In Compromise (OIC) is an offer made by a taxpayer to settle a tax liability for less than the full amount owed. The IRS will usually accept an OIC if it is unlikely that the tax liability … Continue reading

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IRS Letters: They May be Right, They May be Wrong

There are many reasons why the Internal Revenue Service could be contacting you. Some contacts involve very minor corrections; some are for serious changes that could involve a lot of money. Sometimes the IRS is correct in what they are … Continue reading

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