Massachusetts Department of Revenue Point of Sale System Audits

Boston Tax Attorney IRS Audit
Sales and Use Tax and Meals Tax Vendors - Beware of Your Point of Sale System On March 3rd, 2016, the Massachusetts Department of Revenue (DOR) published Directive 16-1, which is aimed at Recordkeeping Requirements for Sales and Use Tax and Meal Tax Vendors that use Point of Sale (POS) Systems. While the recordkeeping requirements are germane and typical, the Directive also requires that the POS system utilized by the Vendor must “provide enough detail to independently determine the taxability ...

IRS Appeals Office to Conduct In-person Conferences Again

IRS Collection Dispute McMahon & Associates Boston Tax Attorney
The Internal Revenue Service (IRS) will once again conduct in-person conferences for field office appeals if requested by a taxpayer. This change in policy was announced by Andrew Keyso Jr., acting deputy chief of IRS Appeals at the recent American Bar Association tax section meeting in Austin, Texas and reported by Sony Kassam in Bloomberg BNA’s Daily Tax Report®. Just last year in August 2016, the IRS changed its Internal Revenue Manual (IRM) making telephone conferences the default meth...

Sean McMahon, Eric Rietveld and Elissa Sneider Named to Massachusetts Super Lawyers List

D. Sean McMahon Super Lawyers
D. Sean McMahon, Eric Rietveld and Elissa Burton, from the Boston-based tax law firm McMahon & Associates, have been named to the 2017 Massachusetts Super Lawyers and Rising Star lists. Sean McMahon - Massachusetts Super Lawyers List in Tax Sean McMahon has been named to the 2017 Massachusetts Super Lawyers list in the tax area. He has been named to the list since 2013. Sean McMahon specializes in IRS tax disputes, audits, and appeals. He is a former Senior Attorney with the Internal Re...

Sean McMahon to Speak on IRS Collections Panel at Tax Controversy Conference

D. Sean McMahon Boston Tax Attorney
Tax attorney D. Sean McMahon is speaking on the “Collection: New IRS Techniques and Key Taxpayer Strategies” panel December 7, 2017 at the the 2017 ABA 34th Annual National Institute on Criminal Tax Fraud and 7th Annual National Institute on Tax Controversy. The tax conference is an annual meeting of American Bar Association’s criminal tax defense bar. The program brings together high-level government representatives, judges, corporate counsel, and private practitioners engaged in all aspects...

IRS Issues “Dirty Dozen” List of Tax Scams for 2017

IRS Collection Dispute McMahon & Associates Boston Tax Attorney
Sharing IRS Press Release IR-2017-37, Feb. 17, 2017 WASHINGTON — The Internal Revenue Service today announced the conclusion of its annual "Dirty Dozen" list of tax scams. The annual list highlights various schemes that taxpayers may encounter throughout the year, many of which peak during tax-filing season. Taxpayers need to guard against ploys to steal their personal information, scam them out of money or talk them into engaging in questionable behavior with their taxes. "We continue to ...

Collection Agencies to Begin Collecting Old Tax Debts for IRS

Tax Evasion Boston Tax Attorney
IRS Hires Private Debt Collectors Starting in the Spring of 2017, the Internal Revenue Service (IRS) will use four private debt collection companies to recover old tax debts. Congress authorized the use of private collection agencies in the 2015 Fixing America’s Surface Transportation Act (FAST Act). If you owe money to the IRS, your tax debt may be handed over to one of four private collection agencies selected by the IRS to try to recover old tax debts. Don’t Fall Victim to a Tax Scam Ta...

New IRS Fast Track Mediation Collection Program

Tax Mediation
The Internal Revenue Service (IRS) has created a new fast track medication program to resolve some offer-in-compromise (OIC) and trust fund recovery penalty (TFRP) disputes. The expedited process, SB/SE Fast Track Mediation–Collection (FTMC), will be heard by an Office of Appeals mediator. FTMC allows taxpayers in Collection an early and expedited opportunity to resolve their case. It will replace the fast track mediation (FTM) program. FTMC is optional. Fast Track Settlement (FTS) is stil...

Lavish Holiday Shopping May Get You into Trouble with the IRS

Boston Tax Attorney Blog Money
Your lavish spending on Black Friday, Cyber Monday and the holidays could land you in trouble with the Internal Revenue Service (IRS). Extravagant purchases may indicate to the IRS that you have not fully reported all of your income on your tax returns. IRS agents can perform examinations to determine whether your extravagant lifestyle is inline with your reported income. If the IRS spots you driving that new Tesla you purchase for your wife as a gift, you could be subject to an IRS examinati...

Warning – Scam Phone Calls Claiming to be the IRS

IRS Phone Scams
Have you received a threatening phone call claiming to be the IRS? The Internal Revenue Service has repeated its warning about phone scams demanding payment from taxpayers.  The scammers threaten taxpayers with arrest warrants and demand immediate payment. A friend of mine recently received one of these calls. The caller claimed to have an arrest warrant for my friend and threatened to send the warrant to his local police station if he didn't call back. Listen to the voicemail   ...

Complex Business Tax Disputes – McMahon & Associates PC

Complex Business Tax Disputes - McMahon & Associates
Businesses must contend with a multitude of tax issues, any of which can create large problems for the business and its owners. The complexities of business accounting and the tax code often produce complex business tax disputes without a clear answer. One of the most surprising issues we frequently see affecting small and medium sized businesses is personal liability of the managing individuals for unpaid payroll taxes. Although operating a business through an entity is supposed to protect t...