Beacon Tax Advocates, LLC

I feel special. I just picked up my two guides to dealing with the IRS from the printer.

My consumer guide is "The 7 Things You Should Know Before You Call the IRS" and my guide for accountants who deal with the IRS is "7 Mistakes Tax Professionals Make When Dealing with the IRS".

If you or someone you know has an IRS problem, please reach out to us at [email protected] and we can provide you with one of these helpful guides.

In this video, Attorney Wade discusses a recent taxpayer victory! Learn how he helped a scammed senior citizen get relief from a tax debt caused by scammers who stole over $400k from her.

Tax Train Wrecks - Case of the Scammed Senior Attorney Wade discusses a recent taxpayer victory! Learn how he helped a scammed senior citizen get relief from a tax debt caused by scammers who stole over ...

https://jdwadelaw.com/2022/10/27/irs-tax-levies-how-to-prevent-a-tax-levy/

In this post, Atty Wade talks about how to prevent an IRS tax levy. Do not let the IRS seize your assets! Get ahead of the problem. Learn what you need to do prevent the heartache of an IRS tax levy.

IRS Tax Levies - How to Prevent a Tax Levy Tax attorney James Wade discusses how to fix an IRS tax levy if you are so unfortunate as to be subject to one.

https://jdwadelaw.com/2022/10/25/irs-tax-levies-how-to-fix-a-tax-levy/

In this post, I discuss what to do if you have been levied by the IRS. Learn what steps to take to obtain a levy release and prevent future levies.

IRS Tax Levies - How to Fix a Tax Levy If you qualify for innocent spouse relief, how much relief do you get? Atty Wade explains how tax debts are allocated for each type of relief.

https://jdwadelaw.com/2022/10/20/irs-tax-levies-what-can-the-irs-seize/

In this post, Attorney Wade discusses what property can be reached by an IRS tax levy. If you don't want to read, the blog post has a video linked from our Youtube page.

IRS Tax Levies - What Can the IRS Seize? If you qualify for innocent spouse relief, how much relief do you get? Atty Wade explains how tax debts are allocated for each type of relief.

https://jdwadelaw.com/2022/10/13/innocent-spouse-relief-five-traps-to-avoid/

In my final (for now) post on innocent spouse relief, find out the 5 traps to avoid when requesting relief. Please enjoy! Next week we talk about the dreaded IRS tax levy.

Innocent Spouse Relief - Five Traps to Avoid If you qualify for innocent spouse relief, how much relief do you get? Atty Wade explains how tax debts are allocated for each type of relief.

Innocent Spouse Relief - What is Injured Spouse Relief? - The Law Office of James D Wade If you qualify for innocent spouse relief, how much relief do you get? Atty Wade explains how tax debts are allocated for each type of relief.

https://jdwadelaw.com/2022/10/11/innocent-spouse-relief-what-is-injured-spouse-relief/

Innocent spouse relief or injured spouse relief? Two similar sounding relief provisions with two very different outcomes. Read (or watch) my post about the difference.

Innocent Spouse Relief - What is Injured Spouse Relief? - The Law Office of James D Wade If you qualify for innocent spouse relief, how much relief do you get? Atty Wade explains how tax debts are allocated for each type of relief.

https://youtu.be/mdoBL25gW2A

Video post on how much relief can you obtain under the three types of innocent spouse relief.

Innocent Spouse Relief - How Much Relief Do I Get? How does the IRS determine how much relief to grant? In this continuing series on innocent spouse relief, Atty. Wade discusses how any taxes due are allocate...

https://jdwadelaw.com/2022/10/06/innocent-spouse-relief-how-much-relief-do-i-get/

In this next episode on innocent spouse relief, I discuss how tax debts are allocated for each type of relief. How much debt are you relieved from can be just as important as to what type of relief you qualify for.

Innocent Spouse Relief - How Much Relief Do I Get? - The Law Office of James D Wade If you qualify for innocent spouse relief, how much relief do you get? Atty Wade explains how tax debts are allocated for each type of relief.

Make a Complaint About a Tax Return Preparer | Internal Revenue Service Taxpayers can use this site to find out how to file a complaint about a tax preparer.

https://www.irs.gov/tax-professionals/make-a-complaint-about-a-tax-return-preparer #:~:text=To%20report%20a%20tax%20return%20preparer%20for%20improper,form%20may%20delay%20the%20processing%20of%20your%20complaint

I just spent some time talking to an incredibly nice couple from Africa. Hardworking folks who made the mistake of hiring a "bad apple" tax preparer.

What is so egregious about this case is that the preparer didn't just lie about the husband's business expense - they LIED BIG TIME! Auto expense alone was three times his income.

This poor couple received a large refund and not knowing the US tax system they probably had no idea that something was amiss. Only when we went through the return did they realize when I pointed all the problems out. Now they are looking at a large balance due to the IRS, along with interest and penalties.

I am helping them prepare a form to report this company so I hope that we will be able to get a good outcome for them. As a public service, I am publishing the link so that if you or someone you know has this same problem how to put companies like this out of business. Who knows how many other poor families are going to be hurt when the IRS finally examines these returns and comes after the taxpayers.

Make a Complaint About a Tax Return Preparer | Internal Revenue Service Taxpayers can use this site to find out how to file a complaint about a tax preparer.

https://youtu.be/mmHlooUiJMs

Maybe you would rather watch a video rather than read a blog on the types of innocent spouse relief. Your wish is granted! Hear what the requirements are for each type of relief.

Types of Innocent Spouse Relief In this episode, Atty. Wade goes over the (3) types of innocent spouse relief. If you are seeking to remove personal liability for your spouse's error or fra...

https://jdwadelaw.com/2022/10/04/innocent-spouse-relief-types-of-relief/

Innocent spouse relief comes in three "flavors". In this blog post, I discuss what is required to qualify for each.

Innocent Spouse Relief - Types of Relief - The Law Office of James D Wade Do you qualify for innocent spouse relief? Attorney Wade talks about the three types of innocent spouse relief.

https://jdwadelaw.com/2022/09/29/innocent-spouse-relief-when-to-request-innocent-spouse-relief/

Innocent spouse relief is complicated. I get it. In this blog post, I explain what to look for to see if you may qualify.

Innocent Spouse Relief - When to Request Innocent Spouse Relief - The Law Office of James D Wade Do you qualify for innocent spouse relief? Attorney Wade talks about what are the basic requirements to qualify for innocent spouse relief.

https://jdwadelaw.com/2022/09/27/innocent-spouse-relief-what-is-it/

Today I will be discussing innocent spouse relief, more specifically what it is. If you have a joint tax debt with your spouse or ex-spouse, this information may be helpful to you.

If you want, you can watch my video post here: https://youtu.be/lgWbCS4ASAY

This is part 1 of a 6-part series. Next post is about when to request innocent spouse relief (i.e. how do you know if you may qualify).

Innocent Spouse Relief – What Is It? - The Law Office of James D Wade What is innocent spouse relief? Attorney Wade discusses how you can sever joint liability if you are getting divorced.

https://jdwadelaw.com/2022/09/23/how-to-know-if-you-have-been-contacted-by-a-scammer/

IRS scammers are still out there. Here are some tips on what to look out for and what to do if you are contacted by an IRS scammer.

How to Know if You Have Been Contacted by a Scammer - The Law Office of James D Wade How to Know if You Have Been Contacted by a Scammer Scammers are everywhere you look. Charity scams. COVID loan scams. Student or mortgage loan relief scams. And, of course, tax scams. You would be a very rare bird indeed – or Rip Van Winkle, if you haven’t encountered one of these scams. So how...

I am sharing this post as I have had several people this year contact me about an ex-spouse's IRS tax lien and its impact on property they received in the divorce. The article goes into more detail but the basic problem is this: if you get property in divorce from the ex-spouse, subject to a Federal tax lien, then that lien will remain even if you yourself are not subject to any taxes due.

So you may not be getting what you think you are as part of a property tax settlement during the divorce. This is a hard pill to swallow and I recommend talking with a tax professional if you are getting divorced and you know your soon to be ex-spouse may be liable for any taxes due.

https://crowleyfleck.com/innocent-spouse-relief-does-not-remove-the-guilty-spouses-federal-tax-liens-from-the-innocent-spouses-property/?fs=e&s=cl&fbclid=IwAR16fJJySSna4zN1im1WRHoEnzuUqvKaHo1dgwzR7lSWMOOVyCB0hV9f5uc #:~:text=Does%20the%20wife%20take%20the,the%20ex%2Dhusband's%20tax%20lien

Innocent Spouse Relief Does Not Remove the Guilty Spouse’s Federal Tax Liens from the Innocent Spouse’s Property - Crowley Fleck Law Read more about Innocent Spouse Relief Does Not Remove the Guilty Spouse’s Federal Tax Liens from the Innocent Spouse’s Property here.

How long should you keep your tax records? 3 years? 7 years? The answer is maybe much longer. Read why you may want to keep those records handy long after you filed your return.

One taxpayer I am dealing with may lose $500k in carried forward losses incurred decades ago due to lack of records.

https://jdwadelaw.com/2022/09/08/better-keep-those-tax-records-handy/

Better Keep Those Tax Records Handy - The Law Office of James D Wade Don’t Be Too Quick to Toss Old Tax Records I was asked to assist with an appeal of an IRS examination of a real estate investor. One of the big issues was that the IRS denied $500k in losses from prior years outside the audit. In case you are curious, the taxpayer was hit hard, […]

Big news for taxpayers. The IRS is offering late filing penalty relief for tax years 2019 and 2020. If you weren't aware, the IRS penalty for late filing is up to 25% of the tax due - OUCH!

To obtain this relief you have to do absolutely nothing. The IRS will be sending out refunds or adjusting balances due and notifying taxpayers. I will of course keep you posted about how this will happen in practice.

The best part is that if you haven't filed an income tax return for 2019 or 2020 then you can obtain this relief if you file on or before September 30, 2022. So, file now if you haven't done so already!

This applies to Form 1040, 1120, 1120-S, 1065, and Form 1041.

Call our firm if you have unfiled tax returns or questions about penalty abatement for these or other years.

https://jdwadelaw.com/2022/08/30/big-news-irs-offers-penalty-relief-for-2019-and-2020/

Big News! IRS Offers Penalty Relief for 2019 and 2020 - The Law Office of James D Wade Big News: IRS Provides Late-Filing Penalty Relief to Taxpayers In a big win for taxpayers, the IRS is providing penalty relief for tax years 2019 and 2020. The best part for you, if you qualify, is that you do not need to do anything to obtain relief. The IRS is going to review accounts that […]

Out of the office today. My view from the top of Bald Mountain in Dedham. Though I think I am balder that it is. Steep but chock full of blueberries so worth the climb. Everyone have a great day and a wonderful weekend!

: Free IRS programs are here to help taxpayers prepare and file returns https://go.usa.gov/xtQFZ

Free IRS programs are here to help taxpayers prepare and file returns | Internal Revenue Service Tax Tip 2022-18, February 2, 2022 — It’s a new tax season. While some things are different, one thing that remains the same is, taxpayers can have their taxes prepared for free through one of two long-standing IRS programs.

There are several interesting related out there. Here's one you might like. https://taxrepllc.com/subscribe-tax-rep-network-podcast/

Tax Resolution Training Build Your Tax Representation Practice CPAs EAs | Tax Rep Network | Subscribe Tax Rep Network Podcast Tax Rep LLC provides training and coaching on tax representation/resolution for CPAs EAs and attorneys. Learn IRS collections, nonfilers handling, resolving IRS debt, offers in compromise, installment agreements, appeals, payroll tax, marketing, technology, and practice management. Subscribe Tax Rep...

As a taxpayer, you have the right to only pay what you owe. No more. No less. Check out the Tax Time Guide. https://www.irs.gov/newsroom/tax-time-guide-important-considerations-before-filing-a-2021-tax-return

Tax Time Guide: Important considerations before filing a 2021 tax return | Internal Revenue Service IR-2022-23, February 1, 2022 — Now that the 2022 tax season is open, the Internal Revenue Service reminds taxpayers to make sure they’ve got what they need before they file and to consider free resources available to help them get organized.

for one of our favorite newsletters from 2021. https://mailchi.mp/jdwadelaw/hot-off-the-presses-march-e-newsletter?fbclid=IwAR1iLZBx5YcejXCIyKG_Lfz28CxonvV4lAtT5HTFA4f6IzwhAhkrm5IPIeM

Hot Off the Presses. March E-Newsletter. Dear Friends, I am excited to say that we are in the throes of a beautiful start to summer, which can only mean we have another two Nor'easters coming our way. I don't care, I am going to enjoy it thoroughly. For those of you who are not in Southern Maine, we are experiencing a very early spring. Te...