Category Archives: Tax Collection

Commissioner Arrives Just in Time!

At our invitation, Commonwealth of Massachusetts Department of Revenue Commissioner Mark Nunnelly came out to Western New England University and gave a fantastic presentation to those who attended. I cannot refrain of commenting on what I believe to be a … Continue reading

Posted in Audits, MA DOR, News, Sales Tax, Tax Collection, Tax Preparation, Tax Representation | Tagged , , | Leave a comment

Governor Baker Signs Bill to Expand EIC.

In researching my RIA materials this morning, I learned that MA Governor Charlie Baker signed into law a bill that increased the MA earned income credit from 15% (of the Federal amount) to 23%. From a bipartisan standpoint, everyone should … Continue reading

Posted in IRS, MA DOR, News, Tax Collection, Uncategorized | Tagged , , , , , , , , | Leave a comment

Are IRS Collection Procedures Running Amuck?

“An estimated 24,237 taxpayers may have been adversely affected because the Internal Revenue Service did not follow requirements to notify the taxpayers’ representatives of the taxpayers’ rights related to notices of federal tax liens, according to a new report.” This … Continue reading

Posted in IRS, MA DOR, News, Tax Collection, Tax Representation | Tagged , , , , , , , , , | Leave a comment

Welcome Commissioner Nunnelly!

I think changes are coming at the Massachusetts Department of Revenue, and I will tell you why. At a recent seminar in Boston, a former head of DOR audit was discussing what appears to be pending changes at the DOR. … Continue reading

Posted in Audits, MA DOR, News, Tax Collection, Tax Preparation, Tax Representation, Uncategorized | Tagged , , , , , , , | Leave a comment

Taxpayer Advocate. Seriously?

In today’s Accounting Today, there is an article that illuminates the current problems with the Taxpayer Advocate’s Office. Apparently due to budget issues (continued thanks to Lois Lerner, the gift that keeps on giving, or vice versa, as the case … Continue reading

Posted in IRS, News, Tax Collection, Tax Preparation, Tax Representation | Tagged , , , | Leave a comment

IRS Woes. Is this just the beginning?

We believe the problems with the IRS, stemming from the tax-exempt organizations division, are just beginning. This reminds us of the Congressional Hearings of the late 1990’s, when hapless victims of aggressive IRS collection procedures were paraded up Capitol Hill to testify.  Albeit, … Continue reading

Posted in Audits, IRS, News, Tax Collection, Tax Representation | Leave a comment

Owe Taxes, Revoke Passport?

I stand corrected.  Just yesterday, I was telling a candidate for State Representative in Massachusetts that the Commonwealth goes way too far in revoking drivers licenses from individuals behind in their taxes.  I pontificated on the wisdom of such a … Continue reading

Posted in IRS, News, Tax Collection, Tax Representation | Tagged , , , , , , , | Leave a comment

IRS Increases 1099 Expectations

That was the headline in this morning’s Accounting Today.  Story number one. Well, okay.  Michael Cohn is a fantastic writer for Accounting Today, and I frequently forward his articles to clients, as they are in plain language, and they are … Continue reading

Posted in Audits, IRS, News, Tax Collection, Tax Preparation | Tagged , , , , , , , , , | Leave a comment

IRS ISSUES NEW FORM 2848, POWER OF ATTORNEY

Effective with a Revised Date of October, 2011, the Internal Revenue Service has issued a new Power of Attorney, Form 2848, Power of Attorney and Declaration of Representative.  Although a cursory glance won’t reveal too many changes, the “What’s New” section … Continue reading

Posted in Audits, IRS, News, Tax Collection, Tax Preparation, Tax Representation | Tagged , , , , , , , | Leave a comment