Tax Article Archives

Read about some of John’s more memorable experiences navigating the conflicting sections of the Internal Revenue Code.

View articles


Receive Immediate Attention

Directly Contact John via his contact form or call 720.234.1177

Read more

John Head Shot

Ask a Question

Ask John a question and get a written response.

Ask a Question

Tax Articles

IRS outlines steps to assist unemployed taxpayers

Video Owe Taxes But Can’t Pay? English Unemployment Compensation: English Spanish Job Search Expenses: English Spanish ASL For these and other videos: YouTube/IRSVideos WASHINGTON — The Internal Revenue Service today announced several additional steps it is taking this tax season to help people having difficulties meeting their tax obligations because of unemployment or other financial…


Taxpayer beware – mail your own tax check in

TAX PREPARER PLEADS GUILTY TO FRAUD AND TAX EVASION NEWS RELEASE SUMMARY – March 8, 2010 United States Attorney Karen Hewitt announced that today tax return preparer David Canales pled guilty before United States District Court Judge Thomas J. Whelan to one count of mail fraud, in violation of Title 18, United States Code, Section…


Child Tax Credit Facts

The Child Tax Credit is a valuable credit that can significantly reduce your tax liability. Here are 10 important facts from the IRS about this credit and how it may benefit your family. Amount – With the Child Tax Credit, you may be able to reduce your federal income tax by up to $1,000 for…


Mortgage Debt Forgivness

If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income. Here are 10 facts the IRS wants you to know about Mortgage Debt Forgiveness. Normally, debt forgiveness results in taxable income. However, under…


Abusive Home-Based Business Tax Schemes – Misuse of the Law

The IRS has uncovered a number of schemes that claim to allow deductions for personal living expenses. Taxpayers should consider these points before investing in a possible abusive scheme: Any investment scheme or promotion that claims to allow a federal income tax deduction for normal personal expenses should be considered highly suspect A business must…


1099-A-Foreclose of house

When a house is foreclosed upon by the bank, the owners typically receive Form 1099-A from the lender showing several pieces of relevant information. The information on Form 1099-A will likely be needed to report the foreclosure properly on your tax return. A foreclosure is treated as the sale of property, and the former property…


Tax Exemption Questioned for Christian Congressional Man Cave

New York Times editorial, Render Unto C Street: It is not unusual for members of Congress to arrange group rentals in Washington to share housing costs and, for some, underline their continuing “outsider” status. What is highly unusual, and unjustifiable, is the tax-exempt status as a religious institution enjoyed by a boarding house called the…