Being charged with committing a tax crime can be a frightening thing to experience. Tax evasion, for example, is a serious crime that can have significant consequences if one is convicted. For some Connecticut residents, choosing to plead guilty rather than go through...
Month: June 2020
Do tax liens affect one’s credit?
Connecticut residents who owe money to the Internal Revenue Service may find that it tries to collect in ways that can be extremely harmful to one's way of life. Tax liens, for example, offer the government the ability to claim an interest in one's property. This...
Can the IRS garnish my wages?
If you are behind on paying your taxes, as many Connecticut residents are, and you have not taken any steps to work with the Internal Revenue Service to rectify the situation, certain actions may be taken against you in an effort to collect the money owed. One such...
Reviewing your estate plan in light of the TCJA
Creating an estate plan often requires a great deal of consideration, research and thought. Like other Connecticut residents, you will need to figure out how to divide your assets, choose the individuals you want to administer your estate and/or trust, and consider...
How long does the IRS have to start the audit process?
It is no secret that the Internal Revenue Service is extremely short-staffed and has been for some time. It can take agents years to review and identify tax returns that may need to be audited. Thankfully, though, there is a statute of limitations for starting the...