How do I know if my business is in tax trouble?

Entrepreneurs justifiably take great pride in their business.  But this pride often gets in the way of a clear understanding of the risk of continuing to operate into a storm of IRS trouble.  The IRS comes down hardest on businesses with tax troubles, and owners and management are usually implicated as well.
Here are a few [...]

Can the IRS continue to audit me year after year?

There are limits on the IRS continuing audits year after year.  These audits are known as “repetitive audits.” Their scope is limited by Internal Revenue Manual 4.10.2.8.5.  
The Internal Revenue Manual states that if you are contacted by the IRS, and had a similar issue examined by them in either of the two prior years, [...]

When is the IRS prohibited from taking collection action? Part III

Here are the final five situations to look for when the IRS cannot take collection action:

When the value of the property is protected by exemptions provided by Section 6334 of the Internal Revenue Code.  There is certain property that the IRS cannot take under any circumstance, including your furniture and household goods valued up to [...]

When is the IRS prohibited from taking collection action? Part II

Here are five more situations in which the IRS is barred from taking collection action against you:

When the timeframe to collect the liability has expired.  The IRS has 10 years to collect a liability from the date it puts the liability on its books. When the 10 years is up, the tax is cleared from [...]