Trump Orders IRS to Change Rules - First Time Penalty Abatements Limited to One Year

The IRS is ramping up collections and taxpayer’s are feeling the squeeze, says David  Selig  of  Selig  &  Associates. IRS audits have become more contentious, collections have become more invasive and punishments for breaking the rules are bordering upon cruel and unusual.  

And if that wasn’t enough, the IRS just changed its first-time penalty abatement policy (and its a change is for the worse). Under the new rules taxpayers are no longer allowed to combine multiple liabilities and penalty abatements are limited to just one-year, and only one tax type. 

The policy change is largely due to perceived abuses. For example, in 2016 David Selig and Bradley Dorin of Selig & Associates gained national attention when they represented an institutional stock trader and successfully discharged ONE HUNDRED AND TWENTY ONE MILLION DOLLARS (“$121,000,000”) in tax and penalty liabilities. 

 About Selig & Associates: Selig & Associates is a boutique tax firm with offices in New York City. The principals David Selig and Bradley Dorin have worked together for the past 10-years and are as different as day and night. Selig is a 6”2 former Marine with a penchant for heavily starched shirts, Versace ties, gold cufflinks and spit shined shoes. Conversely, Dorin prefers casual clothing and comfortable shoes, a near-vegetarian diet and the melodious stylings of the Grateful Dead.  

Selig & Associates is one of New York City’s best-kept secrets because Selig and Dorin specialize in settling tax cases without going to Court. In a nutshell, they’re fixers. Or to paraphrase Dickens, they employ every trick ingenuity can devise.  

Having saved their clients over $300,000,000 in federal and state taxes, it’s obvious that Selig and Dorin aren’t your typical accountant attorney duo. Our clients only see the results says Selig. They don’t see the hours of preparation that takes place behind the scenes. 

Selig is a Federal Tax Practitioner and Public Adjuster and Dorin is a tax attorney with over 33 years experience. The firm is hidden away on the 16^thfloor of a nondescript building in the shadow of Seventh Avenue. 

We fly beneath the radar says Attorney Dorin. Our clients want anonymity and we do our best to keep them out of the courtroom and out of prison. 

Selig & Associates represents professionals, business-owners and outlaws of every stripe. And during the entirety of their 10-year association not a single client has been convicted of a tax related felony. We’re extremely selective about the cases we take, says Selig. For example, I favor acrimonious contests with high stakes while Dorin prefers to negotiate terms and conditions. To be continued . . . 

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