The Internal Revenue Service has many forms and schedules, so many that it can become confusing as to which form is needed for certain situations.  The article below drafted by a Denver tax lawyer discusses a few common Internal Revenue Service forms that would be used in resolving an IRS tax debt. Form 433A: Form...Read More

A new year is upon us, which means federal income tax returns will be due soon.  Each year as we are preparing tax return, reviewing tax returns or conducting tax planning, clients as our tax lawyers, what is a Schedule D?  This is a very important question, especially if you own stocks and/or other capital...Read More

You have seen their commercials on TV.  You have heard their commercials on the radio.  Maybe you have even been directly solicited by them over the telephone.  I am writing about national tax relief companies, or so they call themselves tax relief companies, but the majority (vast majority) will only take your money with little...Read More

What is a Schedule C?  This is a common question asked of business attorneys and tax attorneys.  The article below hopefully will  help answer the above question and give additional insight as to the importance of the Schedule C. IRS Form Schedule C is titled Profit or Loss From Business and is a schedule attached...Read More

What is a schedule A?  What are itemized deductions?  Can I write off my medical expenses?  These are common questions asked of a Denver tax attorney by clients at The McGuire Law Firm.  The article below has been drafted by a tax attorney at The McGuire Law Firm to assist with some of the questions above....Read More

The majority of taxpayers know that they can settle their tax debts with the IRS through an offer in compromise.  However, many taxpayers ask a Denver tax lawyer if Colorado or other states have a similar program whereby they can settle their debts.  Although, each state has different programs to resolve tax liabilities, the state...Read More

In previous articles our a tax attorney at The McGuire Law Firm has explained what the trust fund recovery penalty is.  Because many clients and taxpayers inquire as to the process surrounding the personal assessment of the trust fund recovery penalty the article below has been drafted by tax attorney at The McGuire Law Firm....Read More

Previously a Denver tax attorney at The McGuire Law Firm has written articles regarding the process of preparing and submitting an offer in compromise to the IRS.  However, clients will often ask a tax attorney, “what is the offer process once the offer is submitted to the IRS?”  We hope the article below helps answer...Read More

A Denver business attorney at The McGuire Law Firm can counsel and assist tax exempt organizations on a number of matters and issues.  One question commonly asked of a business attorney is the ability of a tax exempt organization to form a joint venture with a for profit entity.  Furthermore, these clients will often inquire...Read More

In previous articles a tax attorney at The McGuire Law Firm has explained what an offer in compromise is and how an offer in compromise is calculated.  While we hope these articles have been helpful, we also thought it may help to outline the general procedure of preparing and submitting an offer in compromise to...Read More