Virginia Offers Tax Amnesty Program for Delinquent Taxes Paid by November 14

During its 2017 session, the Virginia General Assembly enacted, and Governor Terry McAuliffe later signed, a series of provisions creating a Virginia Tax Amnesty Program (VTAP), the goal of which is to increase and accelerate the collection of unpaid Virginia taxes.  VTAP offers amnesty for a broad range of unpaid tax liabilities, including most 2015 and earlier individual and corporate income taxes, if certain conditions are met.  The program will run from September 13, 2017, through November 1...

Family Hardships & Tax Problems

Personal hardships, such as the death of family member or spouse, can cause significant tax problems for individuals. The mental stress and anguish often causes taxpayers to neglect their tax obligations, leading to unfiled returns or unpaid tax debts. In addition, serious tax problems may result from the death of a family member that can be complex and often require a tax attorney experienced in resolving IRS tax and probate matters. At Daniel Rosefelt & Associates, our professional d...

Criminal Investigation of Unfiled or Fraudulent Tax Returns

Taxpayers with unfiled or fraudulent tax returns can be at a high risk of IRS criminal investigation. A non-filer who is an attorney, doctor, professional, business owner or an individual in a high-income bracket, who has a pattern of non-filing, or makes or has made false statements to the IRS may be at particular risk of a criminal tax investigation and prosecution. At the law offices of Daniel Rosefelt & Associates, our professional dual licensed tax attorney and CPA understands the po...

FAFSA & Unfiled Returns

The FAFSA (Free Application for Federal Student Aid) requires that the applicant, often the parent of a prospective or current student, have filed a federal income tax return for the current year, unless an extension has been filed or gross income is under the IRS filing threshold. Parents or applicants with unfiled returns face the prospect of ineligibility for federal financial aid, unless a tax return is filed.  While the Department of Education previously allowed applicants to estimate tax a...

Attorney-Client Privilege

Maintaining an attorney-client privilege can often be vital in protecting clients and their interests in difficult tax situations.  Certified Public Accountants and Enrolled Agents have a limited privilege with clients under U.S. law, but this only extends to civil tax proceedings – meaning communications with an accountant would not be protected in a potential criminal tax matter. At the law offices of Daniel Rosefelt & Associates, our professional dual licensed tax attorney and CPA has...