Tax Litigation Law Office of Scott Kauffman
(949) 474-1820

Hackney Literary Award
Mighty River Short Story Contest Winner

Tax Controversy Archives

Form 1099-K and income reporting, part 2: the sharing economy

In the first part of this post, we explained how a new informational form, 1099-K, has caused considerable confusion. Since 2012, the form has been required for credit card companies and other "payment settlement entities" to report certain payments they have processed.

When the IRS makes a levy mistake

Sometimes, as part of its collection efforts, the Internal Revenue Service will issue a levy against the property of a taxpayer alleged to owe back taxes. Levies are an incredibly powerful IRS collection mechanism; these asset seizures can result in a taxpayer permanently being deprived of the property in question.