by Levins Tax | Mar 11, 2022 | Uncategorized
Federal tax law is complicated. Oftentimes, tax disputes and conflicts can occur among individuals and organizations. Taxation disputes have proved to have costly impacts, like interest imposition and penalty assessments, back tax, and sometimes criminal charges....
by Levins Tax | Mar 11, 2022 | Uncategorized
On February 10, 2022, the Commonwealth of Massachusetts Department of Revenue announced changes to the upcoming tax season. These changes pertain to Chapter 62 personal income tax filing and deductions. Here are highlights of some of the main changes. Updated due date...
by Levins Tax | Mar 10, 2022 | Uncategorized
It is common for people to try and find ways of evading taxes. After all, no one wants to pay a huge amount of taxes. However, state tax authorities and the IRS take tax evasion seriously. Below we take a comprehensive look at key facts on tax crimes and how the IRS...
by Levins Tax | Mar 10, 2022 | Uncategorized
Many taxpayers have a preparer to take care of filing their returns on their behalf because they don’t want to make any mistakes themselves. However, that isn’t always the safest approach. There are plenty of anecdotes circulating online where taxpayers describe...
by Levins Tax | Mar 10, 2022 | Uncategorized
A member of the Internal Revenue Service’s (IRS) assistant division and national fraud counsel teams announced her department’s intention to increase their remittance of “John Doe” letters to cryptocurrency companies soon. The IRS has previously sent these letters to...
by Levins Tax | Mar 10, 2022 | Uncategorized
Debts can make anyone feel overwhelmed; however, there are few creditors that most U.S. consumers fear more than the Internal Revenue Service (IRS). There are many ways to find yourself owing $50,000, $100,000 or even $200,000 or more to the IRS. For example, you may...