Results of Failing to File Your IRS Returns. If you have late tax returns, you face several possible bad consequences: � Penalties. If taxes are owed, a delay in filing may result in penalty and interest charges that could increase your tax bill by...

Article Summary Finally, the new OIC rules state that an offer in compromise will be deemed "accepted" by the IRS if it has not been withdrawn, returned, or rejected within 24 months after the IRS has received it Finally, the new OIC rules state that an...

Copyright 2005 David Jacquot Blogs have become a vital source for current information and the exchange of critical thought on many topics. The practice of law is no exception. Therefore, a new Blog has been created to provide educational informatio...

Copyright 2005 David Jacquot You've worked hard to develop your career. You did it for yourself. You did it for your family. You did it for your retirement. You did it for your family's future. You didn't do it to become a target of some lawsuit...