Lacrosse – the IRS – and much much more

In addition to our various pro bono endeavors Selig & Associates, Inc sponsors Men’s Lacrosse at Nassau County Lacrosse. Root for the Home Team – On Wednesday evening (July 3rd) the Red Rockets scored their first hard won victory over the Associates in a contentious old school style grudge match. Unfortunately, prior to the big game one of our star players (a practicing surgeon) was sidelined by a season-ending ACL injury – but according to Lacrosse Coach Bradley Dorin, this setback didn’t deter the Associates’ who still brought it to the Rockets and fought the good fight. Special props to Joey Giarusso (a sales professional at IBM and aspiring young actor) for dominating the field with his masterful use of the Ol’ Dip and Dunk. Support the Team and join us at our next game this Tuesday July 9th when the Associates face Chillax. Then on Wednesday July 17th the Associates take on the Generals, for what promises to be an amazing game. We’ll see you there.

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Our First Webinar was a Huge Success

On July 5th Selig and Associates, Inc held its very first Webinar. Participation was brisk and interruptions were kept to a minimum. Among the topics covered: Permissible Business Deductions under IRS Publication 535 and IRC Section 162; How to Survive a Sales Tax Audit; Tips on Advertising in a down economy and Establishing a Realistic Advertising Budget. In the future, Selig & Associates will be providing “free of charge” prerecorded tutorials about Tax Representation and other important topics. Stay tuned.

Are you being Audited?

“A man who acts as his own attorney has a fool for a client”
Abraham Lincoln

It’s always advisable to be represented at audit. If you appear on your own behalf, you may be asked a question that you’d rather not answer. In such a case, you must either make a statement against your own self-interest, refuse to answer, or lie. None of these options are advisable.

Moreover, the examiner’s question may be improper or beyond the scope of the audit. Remember, Revenue Agents are specially trained to look for fraud – and if they believe you’ve taken fraudulent deductions or willfully excluded income, your case will be referred to the IRS’s Criminal Investigation Division.

So what exactly is Tax Evasion? According to IRC Section 7201, any person who willfully attempts to evade or defeat any tax imposed by this title or the payment thereof shall, in addition to other penalties provided by law, be guilty of a felony and, upon conviction thereof, shall be imprisoned not more than 5 years, or fined not more than $250,000 for individuals ($500,000 for corporations) or both, together with the costs of prosecution.

Originally Posted: http://nearsay.com/c/12005/11728/lacrosse-the-irs-and-much-much-more

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Protecting our Clients from Predatory Mortgages and other Lousy Deals

Need a Mortgage? (Not so fast Skippy) Before you even speak to a Mortgage Broker or some other Silver-Tongued Salesman, you should be able to answer the following 4 questions:

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1. How much can I afford to pay each month?

2. Will I be keeping this property for a few years or for a long time?

3. Do I want a smaller monthly payment for a longer period of time, or do I want a larger monthly payment for a shorter period of time? (*this one is extremely important)

4. Is my income stable? Will it really increase, or am I being overly optimistic?

Selig & Associates, Inc: IRS & NYS Installment Agreements that Actually Work

Rather than face the indignity of a bank levy or wage garnishment, we may be able to negotiate a manageable installment agreement between you and the IRS and/or State. When done properly, an Installment Agreement allows you to remain in compliance with current tax obligations, cover your ongoing expenses like mortgage payments etc., and if possible, simultaneously repay some or all of your past due tax liabilities. Contact us today.

Originally Posted: http://nearsay.com/c/34270/11728/selig-associates-protecting-our-clients-from-predatory-mortgages-and-other-lousy-deals

How to solve Tax Problems in 3 Steps?

1. Hire a good Tax Attorney and Accountant

2. Stay current

3. File your tax returns on time

Aggressive Selig & Associates, Inc. provides the most aggressive tax representation allowed by law. Specializing in payroll, income and sales tax controversies for individuals, contractors, restaurants, bodegas and professional practices.

Mission Statement Our mission is to win every tax case; to bring all of our tax, advocacy and legal expertise to every fight, and serve our clients with integrity, honesty and perseverance.

Effective We settle contested tax audits, compromise tax debts and can resolve all marital tax issues including innocent spouse relief and separation of liability.

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Reasonable-Rates All tax representation is provided by a Federal Tax Practitioner and Licensed Attorney. To schedule a FREE face-to-face consultation, contact Selig & Associates today.

Business Solutions We negotiate difficult business and financial matters, and settle most disputes without going to Court.

Construction Contract Awards We represent Contractors and Subcontractors before the IRS and New York State Department of Taxation and Finance.

High-Profile Selig & Associates holds televised Press Conferences and represents professional athletes, music and entertainment industry professionals before the IRS, New York State Department of Taxation and Finance, District of Columbia Office of Tax and Revenue, Pennsylvania Department of Revenue, Georgia Department of Revenue and the California Franchise Tax Board.

Originally Posted: http://taxrepresentation.blogspot.com/2016/12/how-to-solve-tax-problem.html

Unhappy With Your Tax Attorney & Accountant?

Call Selig and Associates directly for a FREE “face-2-face” consultation or 2nd opinion.

We’re Aggressive: Selig and Associates, Inc provides the most aggressive tax representation allowed by law. Specializing in payroll, income and sales tax controversies for individuals, contractors, restaurants, bodegas and professional practices.

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Mission Statement: Our mission is to win every tax case; to bring all of our tax, advocacy and legal expertise to every fight, and to serve our clients with integrity, honesty and perseverance.

We’re Effective: We settle contested tax audits, compromise tax debts and can resolve all marital tax issues including innocent spouse relief and separation of liability.

Reasonable-Rates: All tax representation is provided by a Federal Tax Practitioner and Licensed Attorney. To schedule a FREE face-to-face consultation, contact Selig & Associates today.

We Are the Champions. . . . Again

Today April 2, 2013 – Another “TFRP” upset victory was awarded to David Selig and Bradley Dorin of Selig & Associates, Inc – successfully concluding 3 long years of pleadings, appearances and generalized angst. After taking a symbolic victory lap past the imposing IRS edifices, they enjoyed a celebratory lunch in one of New York’s priciest Steakhouses (compliments of their grateful client) before returning to their offices at 450 7th Avenue.

FYI – Understanding the Trust Fund Recovery Penalty: To encourage prompt payment of withheld income and employment taxes, including social security taxes, railroad retirement taxes, or collected excise taxes, Congress passed a law that provides for the TFRP. These taxes are called trust fund taxes because you actually hold the employee’s money in trust until you make a federal tax deposit in that amount. The TFRP may apply to you if these unpaid trust fund taxes cannot be immediately collected from the business. The business does not have to have stopped operating in order for the TFRP to be assessed.

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Q. Who can be assessed the Trust Fund Recovery Penalty?

A. Anyone the IRS considers to be a “responsible person” such as:

  • An officer or an employee of a corporation,
  • A member or employee of a partnership
  • A corporate director or shareholder,
  • A member of a board of trustees of a nonprofit organization,
  • Another person with authority and control over funds to direct their disbursement,
  • Another corporation or third party payer,
  • Payroll Service Providers
  • Professional Employer Organizations
  • Responsible parties within the common law employer

Tomorrow April 3, 2013 – David Selig and Bradley Dorin headline another Public Speaking Event at the Center for the Women of New York in Kew Gardens New York. The seminar is for women in business and will concentrate on the essentials all women need to know about the IRS, has been arranged by Mrs. Ann Jarwin and is by invitation only.

Ubermorgen April 4, 2013 – David Selig and Bradley Dorin discuss Taxpayer Anxiety Disorder with local radio personality (details coming soon).

Selig and Associates If you’re in trouble with the IRS and State, you need an experienced advocate to stand up and protect your rights. Call us today (212) 974-3435

Originally Posted: http://nearsay.com/c/12059/11728/selig-associates-we-are-the-champions-again

Woman Indicted For Evading Payment of Trust Fund Recovery Penalties.

Selig & Associates provides the most aggressive tax representation allowed by law. Specializing in payroll, income and sales tax controversies for individuals, contractors, restaurants, bodegas and professional practices.

A woman was charged by a superseding indictment for attempted tax evasion announced the Principal Deputy Assistant Attorney (names withheld) the head of the Justice Department’s Tax Division, and U.S. Attorney. According to the superseding indictment (name withheld) owned and operated (name withheld) from 1996 through 2009 and was responsible for collecting, accounting for, and paying over income, social security, and Medicare tax withheld from employees’ wages.

Selig and Associates, Inc Mission Statement Our mission is to win every tax case; to bring all of our tax, advocacy and legal expertise to every fight, and to serve our clients with integrity, honesty and perseverance.

The tax withheld is referred to as “trust fund tax” because the employer holds those funds in the trust until the amounts are paid over to the Internal Revenue Service (IRS) on behalf of the employee. If a responsible person willfully fails to pay over trust fund taxes, the IRS may impose a penalty equal to the amount of the trust fund taxes on the responsible person. This penalty is known as the trust fund recovery penalty.

We’re Effective We settle contested tax audits, compromise tax debts and can resolve all marital tax issues including innocent spouse relief and separation of liability.

The superseding indictment alleges that from 2004 through 2009, (name withheld) failed to pay the tax withheld from its employees’ wages and, as a result, the IRS assessed trust fund recovery penalties against (name withheld) equal to the amount withheld and not paid over. According to the superseding indictment, (name withheld) willfully attempted to evade and defeat the payment of the trust fund recovery penalties assessed against her by concealing and attempting to conceal from the IRS her access to personal funds and assets.

Reasonable-Rates: All Tax representation is provided by a Federal Tax Practitioner and Licensed Attorney. To schedule a FREE face-to-face consultation, contact Selig and Associates today.

Specifically, the superseding indictment alleges that (name withheld) purchased a home in the name of a nominee, engaged in currency transactions with financial institutions in amounts less than $10,000 to prevent the filing of currency transaction reports, changed the name of her business and placed the business in the name of a nominee, and provided false information to the IRS regarding her ability to pay the trust fund recovery penalties.

An indictment merely alleges that crimes have been committed. Defendants are presumed innocent until proven guilty beyond a reasonable doubt.

If convicted, (name withheld) faces a statutory maximum sentence of five years in prison, a period of supervised release, restitution, and monetary penalties.

Originally Posted: http://taxrepresentation.blogspot.com/2016/11/woman-indicted-for-evading-payment-of.html

Why Environmentalists’ Should Support Big Oil ?

As an environmentalist, I believe that Oil & Gas Companies deserve increased tax breaks and immunity against lawsuits and various other penalties. That’s because (whether we like it or not) Big Oil has done more to protect the environment than the EPA and every single environmental group combined. Unfortunately, to appease certain “special interest groups” the Obama Administration continues to unfairly penalize oil and gas companies. That is to say, through regulation, litigation and taxation, We the People have experienced a significant decrease in tax revenues; have suffered under a stultified economy and must endure artificially high food prices (which is the real reason so many American families are now on food stamps and public support). Moreover, oil and gas companies have developed, and are continuously developing the most efficient, safe and environmentally friendly methods of extraction and refinement. Accordingly, they should be allowed to deduct all of their operating expenses under the applicable provisions of the IRC. Regrettably “agent provocateurs” have unfairly demonized the oil industry (for their own reasons) and in doing so are hurting all of us.

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This Holiday Season – please help our friends at Animal Haven

Selig and Associates, Inc: We’re committed to bettering the community in which we practice. This is why David Selig and Bradley Dorin have from time to time agreed to waive or reduce their fees. In this capacity, they’ve helped Veterans, non profits, members of the clergy, the wrongly accused, the LGBT community, indigents, seniors, urban daycare centers and prisoners in state and federal correctional institutions. If you have a tax problem that you’d like us to consider, either as a pro bono or as a reduced rate client, or if you’d like to support our efforts in this challenging forum, call us directly.