Entries by S.H. Block Tax Services

What Does OIC Mean? 

In 2011, the IRS launched a new program call the IRS Fresh Start Program. That was really a collection of changes to the tax code to make it easier for people to get relief from tax debt and penalties. Since then, the IRS has added occasional updates to allow for easier tax debt relief. Believe […]

What Is Tax Abatement?

There are different forms of tax abatement that might ease the burden on a taxpayer, but they have one thing in common: the reduction or elimination of taxes. This makes sense because the legal definition of abatement is a reduction, suspension, or cessation of a charge. 

When Is Social Security Income Taxable?

Many taxpayers believe that if they are on Social Security (SS), it is not taxable. This can lead to a nasty surprise when they file taxes, since they were not expecting a tax bill. The Social Security Administration estimates that 56% of beneficiary families owe federal taxes on their SS benefits. Is your family one […]

Penalty Abatement Tax Services

The only thing more complicated than filing your taxes is figuring out how to deal with the IRS charging you a tax penalty for an honest mistake. It is very stressful when you’ve filed your taxes in good faith, but the IRS claims you did not properly file or pay. Fortunately, the IRS offers multiple […]

Why Hire a Tax Attorney?

Over the last few years, there has been renewed discussion in the larger legal community about the role of non-lawyers. As a tax attorney, I can only laugh. I have always competed with certified public accountants (CPAs) and other non-attorney tax professionals. Prospective clients regularly ask me, “Why should I hire a lawyer to handle […]

Spring Cleaning? Maximize Your Tax Returns by Saving Your Work-Related Receipts and Documents

If you hate clutter, throwing away your receipts seems like the natural thing to do. Even people who aren’t as concerned with tidiness often toss their receipts in the nearest wastebasket as a matter of habit. And if you’re in the mood for spring cleaning, it’s easy to trash receipts and documents without examining them […]