Fairfax, Virginia business lawyer Elden Sodowsky is dedicated to providing current legal information to assist you with your IRS problems and business matters. He helps find solutions to his clients income tax and payroll tax debts and issues. Sodowsky is focused on helping his clients, whether it is setting up a new business or providing needed advice for an already-established company. He continually offers useful and important legal blogs regarding tax and business cases.
One question I get asked frequently is, “How long does the IRS have to do a tax audit on my returns? Can they go back forever?” Generally speaking the amount of any tax must be assessed within three years of the filing of a return. That is, in most circumstances, the length of time the IRS […]
A disabled widow, after her husband’s death, discovered his financial mess. Her wealthy attorney / politician husband of 20 years had handled all the family finances. All bills, including tax, were sent to the Post Office, where he maintained a mailbox. By the time of her final resolution, the tax liability totaled $1,985,511! [Alioto v. […]
If you have been in the unfortunate position of having the IRS file a Notice of Federal Tax Lien against you, you know that such a lien can have a serious, adverse impact on your credit score. After you pay the tax debt in full, the lien is released. But, it still is listed on […]