Ronald J. Cappuccio, J.D., LL.M.(Tax)

Ronald J. Cappuccio, J.D., LL.M.(Tax)
Tax Attorney and Business Lawyer

Friday, November 30, 2007

IRS Increases Collection Activity

The IRS has started a big push to collect money. Bank Levies and Wage Executions are up. There is also an attack against late filers. One client who is late filing a 941 for the third quarter (due Oct 31) has already received an IRS assessment based upon inflated figures. If that happens to your business, you have only 30 day from the DATE OF THE ASSESSMENT to file the actual return.

If the IRS knocks on you door, get the card of the person, but give no information other than referring them to Ronald J. Cappuccio at (856) 665-2121. DO NOT LET THEM INTO YOUR HOME OR BUSINESS!

For more information on Confronting the IRS, click here...