Tax Controversy

Sub-prime loans tax problem – Investors tax resolution options

March 18, 2008 | Mike Habib, EA

Investors suffered theft loss in connection with company that issued sub-prime loans

myIRSTaxRelief.com

A Chief Counsel Advice (CCA) has concluded that a theft occurred in connection with investors’ 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 losses resulted from the theft, was a question of fact since the company had been engaged in legitimate business for many years before the theft occurred.

IRS 2008 list of notorious tax scams

March 17, 2008 | Mike Habib, EA

IRS unveils 2008 list of notorious tax scams – the “Dirty Dozen”

Mike Habib, EA

myIRSTaxRelief.com

Is an IRS Offer In Compromise right for you? Know your options!

February 27, 2008 | Mike Habib, EA

Direct from the IRS

Mike Habib, EA

Is an Offer in Compromise Right for You?

What is an Offer In Compromise OIC – Why you need professional representation

February 27, 2008 | Mike Habib, EA

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 other available payment options. The IRS resolves less than one percent of all balance due accounts through the OIC program.

Tax Controversy Services

February 18, 2008 | Mike Habib, EA

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 procedures and best practices is critical to managing IRS examinations or collections, resolving disputes at the earliest point, and containing administrative and tax costs. The Tax Controversy services we offer are:

Here’s a Resolution for ’08: No More Tax Problems

September 26, 2007 | Mike Habib, EA

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 … If i have tax problems who should I contact?

In case you hadn’t noticed, the taxman is after you.