Some studies suggest that there is a large “crypto tax gap” that the IRS is trying to close. A tax gap is the difference between the amount of taxes that should be paid and the amount that is actually paid.…
As a taxpayer, you are legally obligated to file a tax return annually with the Internal Revenue Service. The IRS periodically examines its records to determine whether taxpayers have met this requirement. If the IRS cannot locate your tax return…
Paying taxes on time can be stressful for many people, and it becomes even more alarming when you hear that not paying your taxes might lead to jail time. However, is that really possible in New York? The answer depends…
At Thorgood Law Firm in New York, we are IRS attorneys dedicated to bringing legal counsel to taxpayers across the United States.
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