West Virginia’s Premier Business Law Firm http://www.laneyounglaw.com/
Attorneys Gordon Lane and Kelly Young dedicate their law practice to representing clients with their general business, estate planning, and tax matters. We work hard to build lasting relationships with our clients and to deliver superior responsiveness that is cost-effective and results-oriented from initial consultation to the final resolution of your important legal matters.
Duration : 0:1:3
Mail this post 
new york taxation attorney, new york taxation lawyer, tax problem, new york city tax lawyer, new york city tax attorney, tax law attorney, tax litigation, new york tax litigation attorney, new york tax litigation lawyer, liens, levies, ny law firm, attorneys, lawyers, irs tax help, cpa, certified public accountant, offers in compromise, payroll tax problems, ny attorney, ny lawyer, audits, penalty abatement, bankruptcy advice, innocent spouse protection, filing delinquent tax returns, taxation, taxpayers, stop liens, secure audit representation, levys seizures, garnishments, audits, penalties, collection, fraud, irs audit, installment agreements, tax litigation, income tax planning, abate penalties, irs penalties, taxpayer rights, internal revenue service, legal services, legal representation, Spar & Bernstein, Sean Chi, Spar & Bernstein’s Law Link blog: http://sblawlink.com
Duration : 0:6:32
Mail this post 
IRS Audit Report given once the examination is done. Need help? Visit http://www.irstaxuniversity.com.
Duration : 0:5:58
Mail this post 20 years ago, I attended Columbia University and was a religion major. Later, I studied classical music and education. These days, I am an unemployed single mom who wants to pay the bills and make my son proud of me! Earlier in life, I had neither the financial need nor the self confidence necessary to seek an interesting career in law. Finally, at age 37 and needing to support myself and my son, I believe that I am confident enough to pursue a law degree!
In school, I was always great at tests. I scored a 740 in the verbal portion of the SAT and a 720 on the GRE verbal section. I scored the maximum possible on the English teacher test (Praxis.) I enjoyed studying Latin and five other languages for fun. Basically, I have a good memory and enjoy keeping track of a lot of trivia (which I do not consider so trivial, in fact.)
First, do you think a law school would accept me? Next, what sort of career in law would you recommend I pursue? (Maybe something like tax law or real estate law? I have no interest in litigation. The idea of becoming a judge and issuing decisions is fascinating to me. I am highly interested in all matters pertaining to moral issues.) Any advice would be appreciated, thanks!
Yes, of course a law school would accept you.
I suppose your undergrad marks (at an ivy league school) were great – or even good. There are many law schools in the United States and if you do decently on the LSAT (the Law School Admission Test – as you probably would) you should get into a "Tier 1 ABA" accredited law school .
(make sure you go to a law school accredited by the ABA)
Law school isn’t only for the very young (Not that you’re old!:)
Some law schools have a "mature student" category – which will take into account your many valuable life experiences (though I’m sure from what you wrote down many schools would accept your application under the regular category).
Some schools have a part-time program which would help you given your many responsibilities – my law school pointed out that the study of law is a full time job – so, if you can manage, it may be best to do the full three years without having any employment during the school year.
Tax law, and real estate law may be good ideas for you (though outside of tax planning, many tax lawyers are litigators). Also think of wills/trusts and estates as it goes well with tax planning. Or you might try corporate/commercial work which would keep you out of court.
I really can’t say what type of lawyer would concentrate on moral issues – though a law professor (which would require another year of study – an LLM) may write extensively on the topic. Of course, it comes up in whatever field you’re in. Maybe (like the other poster suggested) a lawyer who specializes in professional responsiblity – how lawyers should act and behave, and when they have behaved in a non-professional manner (though this would require litigation work before the local Law society/bar)
As for being a judge, it depends on how your state elects or appoints judges – but, unfortunately, that’s probably further down the road.
You don’t have to specialize in any one area in law school – many lawyers are like general practitioners in the medical profession.
Mail this post Since IRS does not receive cost basis data from mutual funds, do they often ask for documentation for cost basis? And do they often audit individuals for this purpose?
Due to the tax returns volumne our district (13,000) does, we have a few audit returns each year. For the past 10 years, I’ve been assisting every now and then (as a tax professional).
Okay I will answer your questions first:
Is it common for the IRS to audit returns to verify cost basis on Sch D? Do they often ask for documentation for cost basis?
That will be no (for cost basis). They never ask for it.
And do they often audit individuals for this purpose?
No. Only when the clients fail to provide us with 1099B, we did not report the clients sales of stocks, mutual funds, etc. on the tax return.
Now, here is the serious issue:
http://www.irs.gov/businesses/small/article/0,,id=98575,00.html
What is the burden of proof?
The responsibility to prove entries, deductions, and statements made on your tax returns is known as the burden of proof. You must be able to prove (substantiate) certain elements of expenses to deduct them. Generally, taxpayers meet their burden of proof by having the information and receipts (where needed) for the expenses. You should keep adequate records to prove your expenses or have sufficient evidence that will support your own statement. You generally must have documentary evidence.
As a financial advisor, it is not my responsibility to keep these record. Our financial institution do send statement to our clients. However, you pay us commission. We got to provide that for you. If your broker/dealer is an idiot and fail to provide you with cost basis, please tell your broker and do switch to another firm. In the mean time, you can call the mutual fund company themselves. They do keep a record of you. They want to have you forever.
Why do I request you provide cost basis? When you sale these next time, you would continue to have trouble filing your tax return. Without knowing, you may have capital losses (via cost averaging into the market/mutual fund).
Mail this post 
http://www.AmericanTaxVideo.com/Tackle_IRS_Audit.php Tackle IRS Audit information from American Tax Relief. We are a nationwide firm specializing only in helping people tackle their IRS Audit though various settlement methods. Please call 800-700-6948 for more information. Tackle an IRS audit, Delaware, legal advice, Delaware Property & Money, Delaware audits, Delaware IRS, Delaware taxes, Delaware criminal tax fraud
Duration : 0:1:6
Mail this post 
www.Savedme.com 800-728-3363 800-SAVEDME. Bankruptcy Attorney Jamie Ryke of the Second Start Bankruptcy Law Firm talks about the Truth about Bankruptcy. You can speak to him directly.
Duration : 0:1:37
Mail this post 
Host Edward Lester explains how to easily reduce your chances of being audited by the IRS.
Duration : 0:2:30
Mail this post I received my SS statement in January 2010 and it did not have any credits for 2008.This was last year I worked for them. I called SS few days ago and they still do not have any information. They told me to wait. I am very concerned, because this is very small family business and they now are in litigation for not fulfilling contract obligations and may go out of business. What will happen to me? I paid my portion of the taxes and files tax return on time for 2008.
I do not have a copy of W2, but I have all my pay stubs
Be sure to keep your pay stubs showing the deductions, and a copy of your W-2. If they didn’t remit the money, you won’t be penalized, they will.
It can take a long time for recent income to show up on the ss statements.
Mail this post I received in the mail an audit from the IRS asking me to mail in some supporting documents for my deductions. I have the info they want. Should I hire a tax attorney to help with the audit or will I be ok mailing everything in on my own?
This is not an attorney issue. It sounds like you have the standard by mail audit that we professional tax practitioners know as a CP-2000. If you can figure out what documentation it is asking for, gather it up and send photocopies. If it states you had unreported income, state that you agree or disagree. If there is a Form 1099-C for income from cancellation of debt, you may be wise to consult a professional to determine if any part of it can be excluded.
Mail this post