Greewood Village, CO 303-904-1450
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Interesting…

No Breaks Here: Daniel Porter, an enterprising California businessman, was sentenced to 55 months in prison for conspiring to defraud the United States by promoting and selling fraudulent tax products, including one that was called Tax Break 2000. Tax-Deductible Pigeons: One...
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Celebrity Docket: Tackled by the IRS

Football Hall of Famer Admits Tax Fraud Former Los Angeles Chargers offensive tackle Ron Mix has taken a big hit from the IRS. The 78-year-old was a 9-time All Star who played in the ’60s and early ’70s. He took a year off in 1970 and earned a law degree from the University of...
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The “Tax Gap” is Growing Wider

Annual unpaid taxes increase to nearly  half a trillion Collections can be difficult, and the IRS is no exception. According to their latest analysis, the IRS said the average annual unpaid taxes amounted to $458 billion. This is up from $450 billion in 2006, which is the last...
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Little Donuts, Big Trouble

A Pittsburgh businessman who founded a popular chain called “Peace, Love and Little Donuts” is in big trouble with the IRS. Ron Razette has pled guilty to cheating on his taxes and hiding his doughnut business from U.S. bankruptcy court. He was named in a federal complaint that...
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Former Billionaire in the Red

A federal bankruptcy judge in Texas has ordered former billionaire Sam Wyly to pay $1.1 billion in back taxes, interest and penalties. Wyly  was on Forbes list of the 400 richest Americans in 2010, but it would appear those days are over. Wyly, age 81, and his late brother...
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OIC or Installment Agreement… What’s the Difference?

The difference between the two programs is this: An Offer in Compromise is for taxpayers who owe a significant amount of money to the IRS, but can’t pay this debt, even over time. Sometimes, the IRS allows the taxpayer to make an offer that would settle that debt once and for...
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BlackFin Files Fast, Reverses Levy

Our client was in big trouble. He came to us owing the IRS over $134,976. Not only could he not pay that bill, he couldn’t pay ANY of his bills, because they had just gone after his bank account. The IRS had levied $7,465 and frozen his account. That was the money he needed to...
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Older Americans Targeted

Con artists prey on the elderly with financial scams The bad guys are out there, and they often choose those over 65 as their victims. Why? Studies show that the elderly are far more likely to make emotional decisions. This means they are more susceptible to fraud, whether it’s a...
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Don’t Make Audit Mistakes

“Foot-In-Mouth Disease” is common when under pressure So you got the dreaded audit notice, and apparently it can’t be handled in the mail. This means you are going to have to meet face-to-face with an IRS auditor. If you’re like most of us, you would rather have...
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Humorist Dave Barry on Taxes

Pulitzer Prize winning humorist Dave Barry has targeted just about everything over the years, but the income tax has always been one of his favorite subjects. Here are some of our favorites: “We’ll try to cooperate fully with the IRS, because, as citizens, we feel a strong...
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