We represent all parties to high-value real estate transactions in all aspects of due diligence, from researching property-related concerns to assessing counterparties’ financial standing. Most people owe state and federal income taxes, Social Security taxes, and Medicare taxes. However, if you own a business, your company may also owe sales and payroll taxes. If so, you may be questioning where to go for sound legal advice, and how you can overcome the matter as quickly and favorably as possible.
TaxSmith Tax Attorneys
Sean convinced IRS Appeals to abate a penalty of over $500,000 for failure to declare an interest in a foreign trust. Prior to retaining McMahon & Tivnan, two large, national firms could not accomplish what they did.
My tax returns have been audited and are not accurate. What am I going to do?
- There are situations where you may have to file even if you make less than that.
- Previously he served as a Senior Attorney with the IRS Office of Chief Counsel and as a Special Assistant United States Attorney for Massachusetts and New Hampshire where he was responsible for tax cases.
- Looking at your situation from both the legal and financial angles, we’ll work hard to help you move past issues like tax debts or audits as quickly as possible.
- The IRS has made important revisions to the program which will impact taxpayers who acted willfully to shield their foreign accounts from the IRS.
- Serving clients in Greater Boston and throughout Massachusetts and New Hampshire, we represent individuals and owners of closely held businesses in IRS audits and appeals, and U.S.
U.S.-based companies transacting business overseas face additional challenges in terms of tax compliance. Though they are subject to the local taxing authorities in the host jurisdiction, these entities must still comply with U.S. tax laws relative to their foreign income. While certain countries have entered into tax treaties with the United States that enable businesses to avoid the pitfall of “double taxation,” others have not.
- We contact the IRS on your behalf and stop their collection tactics in their tracks.
- The most common fraud-related charges in Massachusetts are failure to file a tax return, failure to pay taxes, filing a false tax return, and laundering tax funds.
- It helps clients address tax issues that go along with conducting operations through flow-through entities, limited liability companies, and partnerships.
- By getting a tax consultation with Kennedy Tax Solutions, you’ll typically get the answer for your tax situation within 24 hours.
International Tax
A qualified and experienced tax attorney Boston MA is your advocate and ally when you find yourself in a dispute with the Internal Revenue Service (IRS). The U.S. Federal tax court is where disputes are settled with the IRS. The US Tax Court is serious business, and a taxpayer needs to be represented by a competent tax attorney Boston MA who will advocate for you and your rights to receive a fair outcome. While the process may be lengthy and tedious, having an experienced tax attorney Boston MA representing you can help reduce stress and give you peace of mind. Orsi Arone Rothenberg Turner, LLP, assists the residents of Boston in managing their tax-related issues.
OUR ASSOCIATESTax Resolution Team
For mortgage banks and commercial real estate lenders, we offer full-service transactional and compliance representation. Our attorneys are available to provide representation on an ongoing basis, assisting with matters including (but not limited to) borrower due diligence, contract drafting and negotiation, regulatory compliance, and tax planning. She is a native New Englander highly regarded throughout the U.S. and abroad for her understanding of international tax-FATCA reporting requirements and her ability to navigate clients through sensitive IRS audit processes and procedures. Today, increasing numbers of individuals and businesses have established international connections. International bank accounts, foreign subsidiaries and international business partners are now commonplace.
McMahon & Tivnan counsels clients through the IRS’s Voluntary Disclosure Program to civilly resolve tax non-compliance issues. Based upon past experience and feedback from the tax community and the National Taxpayer Advocate, the IRS has recently made several modifications to its Offshore Voluntary Disclosure Program (OVDP). These changes are designed to provide more opportunities for taxpayers with undisclosed offshore accounts to come forward and voluntarily report their accounts to the IRS.
The IRS selects returns for examination for a variety of reasons, but usually there is some indication that IRS suspects represents a filing problem. Early intervention in an examination may prevent boston tax dispute attorney the matter from escalating and becoming a larger problem than it may have. Our tax audit attorneys in Boston understand IRS examination techniques and can spot issues that may be problematic. In Massachusetts, you can face charges related to both failing to file a return and perpetrating fraud.
Similar appeal processes for state issues are available and often beneficial for my clients. Additionally, taxpayers are required to exhaust all IRS administrative remedies before they will be permitted to litigate their dispute in a U.S. Tax Court, taxpayers may also choose to bring a tax refund suit against the IRS in the United States Court of Federal Claims. Court of Federal Claims are not tried before a jury; rather, they are heard by a single judge.
«As soon as I was contacted by my Offshore Bank regarding my undisclosed offshore bank account I called Thorn Law Group. My consultation with Managing Partner Kevin Thorn was very informative.» Has experience helping clients with their Tax needs in Boston, Massachusetts. Tax Group Center, Inc. recognizes that your privacy is important, and we have updated our Terms & Conditions and Privacy Policy. Please read both of these documents as the changes affect your legal rights.
It also handles tax-related concerns in business, criminal, and international law. Other related services include IRS audits, appeals, collection actions, and voluntary disclosure, tax planning, and FATCA. The Thorn Law Group has been in the legal industry for more than 25 years.
Boston, MA Lawyers in Related Practice Areas
This allowed me to gain an in-depth understanding of what it takes to successfully resolve cases against the government. Our firm’s mission is to assist Massachusetts individuals and businesses with their tax law matters, specifically those involving IRS criminal tax and civil investigations. Since founding Thorn Law Group, I have been able to offer taxpayers sound, high-quality legal advice, both in the U.S. and abroad. As a former IRS attorney, Sean offers clients unique insights on the real risks presented in disputes with the IRS and planning for complex transactions. He advises clients on the tax considerations of corporate, real estate, partnership, securities, and option transactions. Sean also has extensive experience assisting individuals with foreign transaction reporting and penalty disputes, including foreign bank accounts and FBAR requirements.