About Matthew Cohen

This author has not yet filled in any details.
So far Matthew Cohen has created 4 blog entries.

IRS Indicates that Scam Phone Calls are on the Rise

IRS Indicates that Scam Phone Calls are on the Rise In the past couple of years, people posing as the IRS, have been calling taxpayers claiming that they owe unpaid tax and demand that payment be made immediately.  If you have not yet had the "luxury" of receiving one of these calls, consider yourself lucky. [...]

By |2017-04-11T22:23:03+00:00August 3rd, 2016|IRS Scams|Comments Off on IRS Indicates that Scam Phone Calls are on the Rise

If you submitted an appeal of an Offer In Compromise and it gets rejected, where do you go from there?

If you submitted an appeal of an Offer In Compromise and it gets rejected, where do you go from there? Assuming your client’s offer in compromise was rejected by the IRS Offer Specialist assigned to their case, you have a few options.  You can appeal to the Specialist’s direct supervisor, the Group Manager. If you are [...]

By |2017-04-11T22:23:03+00:00August 2nd, 2016|Uncategorized|Comments Off on If you submitted an appeal of an Offer In Compromise and it gets rejected, where do you go from there?

Does submitting a request for an installment agreement legally ‘fix’ the taxpayer’s liability owed or can the liability later be argued?

Does submitting a request for an installment agreement legally ‘fix’ the taxpayer’s liability owed or can the liability later be argued? The tax liability can be “argued” or more appropriately collected upon as long as the statute of limitations on collection (10 years for the IRS) is still open. If the amount of the installment [...]

By |2017-04-11T22:23:03+00:00August 2nd, 2016|Uncategorized|Comments Off on Does submitting a request for an installment agreement legally ‘fix’ the taxpayer’s liability owed or can the liability later be argued?

Are Income Taxes Dischargeable in Bankruptcy…It Depends

It may not be common knowledge but income taxes can be discharged in bankruptcy if certain rules are met. To begin with, in order to be dischargeable taxes must meet the three-year rule. That is, they may not be discharged prior to three years after the due date of a return including extensions. In order [...]

By |2017-04-11T22:23:03+00:00July 19th, 2016|Taxes and Bankruptcy|Comments Off on Are Income Taxes Dischargeable in Bankruptcy…It Depends