NYC Tax Advocates

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Specializing in Workers Compensation Audits, Payroll, Sales and Income Tax representation for Businesses, Individuals, Restaurants and Construction Companies. Civil and Criminal Workers Comp Audit representation includes: NYSIF Examinations, Premium Disputes, Employee Misclassification, Underreporting, Unreported Income, and Failure to Keep Accurate Payroll Records.

Tuesday, July 31, 2018

Man Sentenced To Prison For Tax Fraud & Structuring More Than $475,000 (He should have hired SELIG & Associates)



A Concord, Virginia man was sentenced to prison today for tax and currency structuring charges, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and U.S. Attorney Thomas T. Cullen for the Western District of Virginia.
Barry Edwards, 54, was sentenced to 36 months in prison on one count of filing a fraudulent 2013 tax return and one count of conspiring to structure cash transactions.
According to court documents and information provided to the court, Barry and his wife Joanne Edwards created two purported religious missions in 2006, which they used as nominees to receive income Barry Edwards earned selling nutritional supplements. The couple deposited this income into bank accounts held in nominee names. They then withdrew more than $475,000 in cash from these accounts, in increments less than $10,000, to evade bank-reporting requirements. The couple deposited the withdrawn funds into their own bank accounts to pay personal expenses, including car payments and their children’s tuition. Barry Edwards also used the cash to purchase a five-acre farm in Concord, Virginia. The couple jointly filed fraudulent 2013 through 2015 tax returns with the Internal Revenue Service (IRS) that did not fully report their income.
In addition to the term of imprisonment, U.S. District Court Judge Norman K. Moon ordered Barry Edwards to serve three years of supervised release. Mr. Edwards was also ordered to pay $7,929.00 in restitution to the IRS for unpaid taxes.
The Court previously sentenced Joanne Edwards, on May 9, 2018, to 18 months in prison followed by three years of supervised release as well as restitution for filing a fraudulent 2013 tax return and conspiring to structure cash transactions.
Principal Deputy Assistant Attorney General Richard E. Zuckerman and U.S. Attorney Thomas T. Cullen thanked special agents of IRS Criminal Investigation, who conducted the investigation, and Trial Attorney Sean Beaty of the Tax Division and Special Assistant U.S. Attorney Kari Munro, who prosecuted the case.
SELIG & ASSOCIATES The Most Successful Tax Advocates in New York City  We provide the most aggressive tax representation allowed by law. To schedule a FREE face-to-face consultation in our New York City offices call (212) 974-3435 or contact us through our confidential Contact Form. We practice before the Internal Revenue Service ("IRS"), the New York State Department of Taxation and Finance ("NYSDTF"), the Department of Justice Tax Division ("DOJ") and the Defense Office of Hearings and Appeals ("DOHA"). Additionally, we answer telephone calls and emails, and we provide our clients with regular status reports. For a legally privileged consultation with an experienced Federal Tax Practitioner and licensed Attorney call (212) 974-3435 today. 

We Solve Serious Tax Problems Quickly Including Tax Crimes, Tax Evasion, Failure to File a Tax Return, Criminal Non-Filing, Filing False Tax Returns, Installment Agreements, Partial Payment Agreements, Audits, Sales Tax Controversies, Wage Garnishments, Bank Levies, Seizure of Property, Innocent Spouse Relief, Trust Fund Recovery Penalty, Payroll Taxes, Offers in Compromise, Administrative Appeals, Collection Due Process Hearings, Asset Protection Trusts, Tax Liability Settlement Trusts, and most other tax matters. To schedule a FREE face-to-face consultationin our New York City offices, call (212) 974-3435.

Thursday, July 26, 2018

9th Circuit Reverses Tax Court Decision IRS Wins Big (They should have hired SELIG)



As the Ninth Circuit noted, transactions between related parties can provide opportunities for minimizing or avoiding taxes, particularly when a foreign subsidiary is located in a low-tax jurisdiction. United States companies can shift profits that would be subject to tax in America offshore to avoid tax. Similarly, related companies can identify and shift costs between American and foreign jurisdictions to minimize tax exposure. Section 482 was passed to address the risk of multinational corporation tax avoidance. Regulations promulgated by the Treasury under section 482 authorize the IRS to allocate income and costs among related entities, and 26 C.F.R. section 1.482-7A(d)(2), which was at issue in this decision, was promulgated under section 482.

Excerpt from Roger Russell’s Accounting Today article dated 24 July 2018


Selig & Associates The Most Successful Tax Advocates in New York City  We provide our clients with the most aggressive tax representation allowed by law. To schedule a FREE face-to-face consultation in our New York City offices call (212) 974-3435 today. We practice before the Internal Revenue Service ("IRS"), the New York State Department of Taxation and Finance ("NYSDTF"), the Department of Justice Tax Division ("DOJ") and the Defense Office of Hearings and Appeals ("DOHA"). Additionally, we answer telephone calls and emails, and we provide our clients with regular status reports. For a legally privileged consultation with an experienced Federal Tax Practitioner and licensed Attorney call (212) 974-3435 today.

We Solve Serious Tax Problems Quickly and Quietly Including Tax Crimes, Tax Evasion, Failure to File a Tax Return, Criminal Non-Filing, Filing False Tax Returns, Installment Agreements, Partial Payment Agreements, Audits, Sales Tax Controversies, Wage Garnishments, Bank Levies, Seizure of Property, Innocent Spouse Relief, Trust Fund Recovery Penalty, Payroll Taxes, Offers in Compromise, Administrative Appeals, Collection Due Process Hearings, Asset Protection Trusts, Tax Liability Settlement Trusts, and most other tax matters. To schedule a Face-to-Face consultation in our New York City offices, call (212) 974-3435.


Commercial Insurance Advocates Specializing in “Hard to Place” Insurance Coverage including High-Risk Medical Malpractice Insurance. Contact us directly if your business or professional practice pays between $100,000 and $15,000,000 in annual insurance premiums. For more information call David Selig directly at (212) 974-3435.

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Tuesday, July 24, 2018

IRS Attorney & Accountant: Fraud is not a necessary element for the application of the alter ego doctrine.



The doctrine by which a court of law holds individual shareholders liable for a corporation’s debts if the corporation is deemed to be nothing more than an “alter ego” of the corporation’s owners.


“In a nutshell, the nominee and alter ego theory holds that when a taxpayer retains the benefit, use, or control of transferred assets, the IRS may seize those assets – and quite literally, put the financial boots to you!” says David Selig of Selig and Associates.


At Selig and Associates, all tax representation is provided by a Federal Tax Practitioner and Licensed Attorney. To schedule a FREE face-to-face consultation, contact  Selig & Associates directly at (212) 974-3435. Offices at: 147 West 35th Street, Suite 1602, New York, NY 10001.

FYI Fraud is not a necessary element for the application of the alter ego doctrine. Ragan v. Ragan v. Tri-County Excavating, Inc., 62 F.3d at 508 (Under Pennsylvania law, “no finding of fraud or illegality is required before the corporate veil may be pierced, but rather the corporate entity may be disregarded ‘whenever it is necessary to avoid injustice.’”)  DeWitt Truck Brokers, Inc. v. W. Ray Flemming Fruit Co., 540 F.2d 681, 684 (4th Cir. 1976) (non-tax case) (“[P]roof of plain fraud is not a necessary element in a finding to disregard the corporate entity.”) (citing, among other cases, Anderson v. Abbott, 321 U.S. 349, 362 (1944); National Marine Service, Inc. v. C.J. Thibodeaux & Co., 501 F.2d 940, 942 (5th Cir. 1974)). The Eighth Circuit in Scherping, supra, also noted that “proof of strict common law fraud was not required” to apply the reverse piercing branch of the alter ego doctrine, and affirmed the district court’s holding that the trusts were “sham entities created on behalf of and used by the taxpayers to evade payment of their federal income tax liabilities.” 187 F.3d at 802 (citations omitted).

Wednesday, July 18, 2018

Everything You Ever Wanted to Know about Taxes But[t] Were Too Afraid to ASK (SELIG & Associates)



Major tax reform was approved by Congress in the Tax Cuts and Jobs Act (TCJA) on December 22, 2017. The IRS is working on implementing this major tax legislation that will affect both individuals and businesses. We will provide information and guidance to taxpayers, businesses and the tax community as it becomes available. Check this page for updates and resources.

IRS News Releases, Fact Sheets & Statements

IR-2018-149, July 12, 2018 — Before starting a summer job, taking a vacation or sending the kids off to camp, the IRS wants taxpayers to know that some summertime activities may qualify for tax credits or deductions.
IR-2018-145, June 28, 2018 — Taxpayers who owed additional tax when they filed their 2017 federal tax return earlier this year can avoid another unexpected tax bill next year by doing a “paycheck checkup” as soon as possible, according to the IRS.
IR-2018-139, June 15, 2018 – People with disabilities can now put more money into their tax-favored Achieving a Better Life Experience (ABLE) accounts and may, for the first time, qualify for the Saver’s Credit for low- and moderate-income workers, according to the Internal Revenue Service.
IR-2018-138, June 14, 2018 — With tax reform bringing major changes for the year ahead, the IRS today reminded self-employed individuals, retirees, investors and others who need to pay their taxes quarterly that the second estimated tax payment for 2018 is due on Friday, June 15, 2018.
IR-2018-137, June 14, 2018 — With more than 2 million Individual Taxpayer Identification Numbers (ITINs) set to expire at the end of 2018, the IRS today urged affected taxpayers to submit their renewal applications soon to beat the rush and avoid refund delays next year.
IR-2018-134, June 8, 2018 — A private college or university, subject to the new 1.4 percent excise tax on net investment income, that sells property at a gain generally may use the property’s fair market value at the end of 2017 as its basis for figuring the tax on any resulting gain, the IRS said today.
IR-2018-131, June 4, 2018 — The Internal Revenue Service (IRS) today announced that it will waive certain late-payment penalties relating to the section 965 transition tax, and provided additional information for individuals subject to the section 965 transition tax regarding the due date for relevant elections.
IR-2018-127, May 25, 2018  –  The Internal Revenue Service today provided information to taxpayers and employers about changes from the Tax Cuts and Jobs Act that affect: move related vehicle expenses; un-reimbursed employee expenses; and, vehicle expensing.
IR-2018-126, May 25, 2018 — Individuals and businesses have additional time to file an administrative claim or to bring a civil action for wrongful levy or seizure, according to the Internal Revenue Service.
IR-2018-124, May 24, 2018  –  The Internal Revenue Service urges two-income families and those who work multiple jobs to complete a “paycheck checkup” to verify they are having the right amount of tax withheld from their paychecks. 
IR-2018-122, May 23, 2018 — The U.S. Department of the Treasury and the Internal Revenue Service issued a notice today stating that proposed regulations will be issued addressing the deductibility of state and local tax payments for federal income tax purposes.
IR-2018-120, May 16, 2018 — The IRS encourages taxpayers who typically itemized their deductions on Schedule A of the Form 1040 to use the Withholding Calculator this year to perform a “paycheck checkup.”
IR-2018-118, May 9, 2018  – The Internal Revenue Service today encouraged taxpayers who work seasonal jobs or are employed part of the year to visit the Withholding Calculator and perform a “paycheck checkup.”
IR-2018-110, May 2, 2018 — The IRS is highlighting a variety of online resources to help small business owners and self-employed individuals as part of National Small Business Week from April 29 to May 5. 
IR-2018-109, May 2, 2018 — In recognition of National Small Business Week, April 29 to May 5, the IRS is highlighting several resources to help small business owners and self-employed individuals understand and meet their tax obligations.
IR-2018-107, April 26, 2018 – The Internal Revenue Service today announced relief for taxpayers with family coverage under a High Deductible Health Plan (HDHP) who contribute to a Health Savings Account (HSA).
IR-2018-104, April 26, 2018 – The Internal Revenue Service today described the new information reporting requirements for certain life insurance contracts under new IRC 6050Y, which was added by the Tax Cuts and Jobs Act (TCJA).
FS-2018-9, April 2018 – The Tax Cuts and Jobs Act, signed Dec. 22, 2017, changed some laws regarding depreciation deductions.
IR-2018-99, April 16, 2018 – Many U.S. corporations elect to use a fiscal year end and not a calendar year end for federal income tax reporting purposes. 
IR-2018-95, April 13, 2018 – U.S. Armed Forces members who served in the Sinai Peninsula of Egypt may qualify for combat zone tax benefits retroactive to June 2015, according to the Internal Revenue Service.
IR-2018-94, April 13, 2018 — The Internal Revenue Service has updated the tax year 2018 annual inflation adjustments to reflect changes from the Tax Cuts and Jobs Act (TCJA). The tax year 2018 adjustments are generally used on tax returns filed in 2019.
IR-2018-93, April 13, 2018 — With tax reform bringing major changes for the year ahead, the Internal Revenue Service today reminded the many self-employed individuals, retirees, investors and others who need to pay their taxes quarterly that the first estimated tax payment for 2018 is due on Tuesday, April 17, 2018.
IR-2018-82, April 2, 2018 ― The Treasury Department and the IRS today issued Notice 2018-28, which provides guidance for computing the business interest expense limitation under recent tax legislation enacted on Dec. 22, 2017.
IR-2018-81, April 2, 2018 ―The Treasury Department and the IRS today issued guidance regarding the withholding on the transfer of non-publicly traded partnership interests under the recently enacted Tax Cuts and Jobs Act. 
IR-2018-80, April 2, 2018 — The IRS today encouraged several key groups of taxpayers to perform a “paycheck checkup” to check if they are having the right amount of tax withholding following recent tax-law changes.
IR-2018-79, April 2, 2018 — The Treasury Department and the Internal Revenue Service today provided additional guidance (Notice 2018-26) for computing the “transition tax” on the untaxed foreign earnings of foreign subsidiaries of U.S. companies under the Tax Cuts and Jobs Act enacted on Dec. 22, 2017.
IR-2018-73, March 26, 2018 — Launching a special week of activities, the IRS today continued its effort to encourage taxpayers to do a “paycheck checkup” to make sure they have the right amount of tax taken out of their paychecks for their personal situation.
IR-2018-53, March 13, 2018 — The Internal Revenue Service today provided additional information to help taxpayers meet their filing and payment requirements for the section 965 transition tax.
IR-2018-37, March 1, 2018 — The IRS announced today that S corporations are subject to the extended three year holding period for applicable partnership interests and that regulations will be issued soon.
IR-2018-36, Feb. 28, 2018 — The IRS today released an updated Withholding Calculator on IRS.gov and a new version of Form W-4 to help taxpayers check their 2018 tax withholding following passage of the Tax Cuts and Jobs Act in December.
IR-2018-32, Feb. 21, 2018 — The IRS today advised taxpayers that in many cases they can continue to deduct interest paid on home equity loans.
IR-2018-25, Feb. 13, 2018 — The Treasury Department and the IRS today announced modifications to the procedures for changing the accounting period of foreign corporations owned by U.S. shareholders that are subject to the transition tax under the Tax Cuts and Jobs Act.
IR-2018-19, Feb. 6, 2018 - The Internal Revenue Service today announced that the Tax Cuts and Jobs Act of 2017 does not affect the tax year 2018 dollar limitations for retirement plans announced in IR 2017-177 and detailed in Notice 2017-64.
IR-2018-16, Jan. 30, 2018 — The Internal Revenue Service today reminds Alaska Native Corporations and Alaska Native Settlement Trusts that they may be able to take advantage of certain benefits in the recently enacted tax reform legislation.
IR-2018-09, Jan. 19, 2018 — The Treasury Department and the Internal Revenue Service (IRS) today provided additional guidance (Notice 2018-13) for computing the “transition tax” on the untaxed foreign earnings of foreign subsidiaries of U.S. companies under the Tax Cuts and Jobs Act.
IR-2018-05, Jan. 11, 2018 — The Internal Revenue Service today released Notice 1036, which updates the income-tax withholding tables for 2018 reflecting changes made by the tax reform legislation enacted last month.
IR-2017-212, Dec. 29, 2017 — The Treasury Department and the Internal Revenue Service today issued Notice 2018-07, which provides guidance for computing the “transition tax” under recent tax legislation enacted on Dec 22, 2017.
IR-2017-210, Dec. 27, 2017 — The Internal Revenue Service advised tax professionals and taxpayers today that pre-paying 2018 state and local real property taxes in 2017 may be tax deductible under certain circumstances.
Dec. 26, 2017 — Here are the latest developments involving withholding information related to the Tax Cuts and Jobs Act.

Tax Reform Tax Tips

Tax Reform Tax Tip 2018-103, July 5, 2018
Tax Reform Tax Tip 2018-69, May 4, 2018
Tax Reform Tax Tip 2018-68, May 3, 2018
Tax Reform Tax Tip 2018-49, March 30, 2018
Tax Reform Tax Tip 2018-48, March 29, 2018
Tax Reform Tax Tip 2018-47, March 28, 2018
Tax Reform Tax Tip 2018-46, March 27, 2018
Tax Reform Tax Tip 2018-45, March 26, 2018

Frequently Asked Questions

Opportunity Zones Frequently Asked Questions
Frequently Asked Questions about Employer Credit for Paid Family and Medical Leave
Questions and Answers about Reporting Related to Section 965 on 2017 Tax Returns
Withholding Calculator Frequently Asked Questions
IRS Withholding Tables Frequently Asked Questions
IRA FAQS — Recharacterization of IRA Contributions

YouTube Videos

Paycheck Checkup: English | Spanish | ASL 
IRS Withholding Calculator Tips: English | Spanish
Do I Need to Fill Out a New W-4? : English | Spanish ASL

Publications

Publication 15, Circular E, Employer’s Tax Guide
Publication 505, Tax Withholding and Estimated Tax
Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs)
Publication 970, Tax Benefits for Education
Publication 5292, How to Calculate Section 965 Amounts and Elections Available to Taxpayers 

Guidance

Rev. Proc. 2018-35 , Changes in accounting periods and in methods of accounting (Expensing of certain cost of replanting citrus plants lost by reason of casualty.)
Rev. Proc. 2018-29, New automatic method changes to conform with FASB Topic 606 (Provides new automatic method changes and requests comments on those new changes and on future guidance for taxpayers changing their method of accounting to comply with amended § 451.)
Rev. Proc. 2018-27, Modifies the annual limitation on deductions for contributions to Health Savings Accounts (HSAs) allowed for individuals with family coverage under a high deductible health plan (HDHP)
Rev. Proc. 2018-26, 601 Rules and regulations - certain remedial actions that issuers of State and local tax-exempt bonds and other tax-advantaged bonds may take 
Rev. Proc. 2018-25, Examination of returns and claims for refund, credit, or abatement; determination of correct tax liability (Depreciation of passenger automobiles under 280F.)
Rev. Proc. 2018-18, Modifying certain 2018 cost-of-living adjustments
Rev.  Proc. 2018-17, Requests by certain foreign corporations for changes in annual accounting periods
Rev. Proc. 2018-16, Qualified Opportunity Zones
Rev. Rul. 2018-13, Section 807 — Rules for Certain Reserves (This information is to be used by insurance companies in computing reserves.)
Rev. Rul. 2018-11, Section 1274A — Special Rules for Certain Transactions Where Stated Principal Amount Does Not Exceed $2,800,000 (2018 adjustment for inflation under § 1274A for qualified and cash method debt instruments.)
Notice 2018-61, Clarification Concerning the Effect of Section 67(g) on Trusts and Estates
Notice 2018-55, Guidance on the Calculation of Net Investment Income for Purposes of the Section 4968 Excise Tax Applicable to Certain Private Colleges and Universities
Notice 2018-54, Guidance on Certain Payments Made in Exchange for State and Local Tax Credits
Notice 2018-48, Designated Qualified Opportunity Zones under Internal Revenue Code § 1400Z-2
Notice 2018-43, Public Comment Invited on Recommendations for 2018-2019 Priority Guidance Plan
Notice 2018-42, Update of 2018 Standard Mileage Rates Notice
Notice 2018-41, Information Reporting for Certain Life Insurance Contract Transactions and a Modification to the Transfer for Valuable Consideration Rules
Notice 2018-38, 2018 Fiscal-year Blended Tax Rates for Corporations
Notice 2018-37, Guidance in Connection with the Repeal of Section 682 (Tax Treatment of alimony and separate maintenance payments.)
Notice 2018-35, Changes in accounting periods and method of accounting (Transitional guidance under sec. 451 related to inclusion of income associated with advance payments.)
Notice 2018-30, Modification of Notice 2003-65 (Effect of first year depreciation on recognized built-in gains and recognized built-in losses.)
Notice 2018-29, Guidance Regarding the Implementation of New Section 1446(f) for Partnership Interests That Are Not Publicly Traded (Withholding on dispositions.)
Notice 2018-28, Initial Guidance Under Section 163(j) as Applicable to Taxable Years Beginning After December 31, 2017 (Limitation on deduction of business interest expense.)
Notice 2018-26, Additional Guidance Under Section 965; Guidance Under Sections 62, 962, and 6081 in Connection With Section 965; and Penalty Relief Under Sections 6654 and 6655 in Connection with Section 965 and Repeal of Section 958(b)(4) (Treatment of deferred foreign income including relief from estimated tax penalties.)
Notice 2018-23, Transitional Guidance Under §§ 162(f) and 6050X with Respect to Certain Fines, Penalties, and Other Amounts (Denial of deduction for fines or penalties for violation of the law.)
Notice 2018-18, Guidance Under Section 1061, Partnership Interests Held in Connection with Performance of Services
Notice 2018-15, New Clean Renewable Energy Bonds
Notice 2018-14, Guidance on Withholding Rules
Notice 2018-13, Additional Guidance Under Section 965 and Guidance Under Sections 863 and 6038 in Connection with the Repeal of Section 958(b)(4) (Guidance regarding deferred foreign income.)
Notice 2018-08, Revised Timeline and Other Guidance Regarding the Implementation of New Section 1446(f)
Notice 2018-07, Guidance under Section 965 (Deferred Foreign Income Corporations)
Notice 2018-03, 2018 Standard Mileage Rates
Notice 1036, Early Release Copies of the 2018 Percentage Method Tables for Income Tax Withholding

Other Information

Individuals

The new tax law changed the way tax is calculated, see how it may affect you.
Learn about how the new tax law may affect your tax return next year.
The Tax Cuts and Jobs Act extended the time a taxpayer has to file a wrongful levy claim if the IRS has sold the levied property.
The Tax Cut and Jobs Act, Pub. Law No. 115-97, made the following change: - effective December 23, 2017, certain payments made by an aircraft owner (or, in certain cases, a lessee) related to the management of private aircraft are exempt from the excise taxes imposed on taxable transportation by air.
The Tax Cut and Jobs Act, Pub. L. No. 115-97, made the following change - the basic exclusion amount for an estate tax return for a 2018 date of death increases to $10,000,000, before taking into account the necessary inflation adjustment.

Businesses

The Tax Cuts and Jobs Act, Section 1031 changed like-kind exchanges and now it applies only to exchanges of real property and not to exchanges of personal or intangible property. An exchange of real property held primarily for sale still does not qualify as a like-kind exchange.
The Tax Cuts and Jobs Act, signed December 22, 2017, affects the Rehabilitation Tax Credit for amounts that taxpayers pay or incur for qualified expenditures after December 31, 2017.
Employer Fringe Benefit Changes for 2018 through 2025.
Taxpayers other than corporations may be entitled to a deduction of up to 20 percent of their qualified business income from a qualified trade or business under the Tax Cuts and Jobs Act.
Refund payments and credit elect and refund offset transactions processed on or after Oct. 1, 2017 and on or before Sept. 30, 2018 will be reduced by the fiscal year 6.6 percent sequestration rate, irrespective of when the IRS received the original or amended tax return.
No deduction for certain payments made in sexual harassment or sexual abuse cases.

Tax Exempt

Public Law No. 115-97 repealed the authority to issue New Clean Renewable Energy Bonds (NCREBs) after December 31, 2017.

Government Entities

The Achieving a Better Life Experience (ABLE) Act of 2014 allows states to create tax-advantaged savings programs for eligible people with disabilities (designated beneficiaries). Funds from these 529A ABLE accounts can help designated beneficiaries pay for qualified disability expenses. Distributions are tax-free if used for qualified disability expenses.
The Tax Cuts and Jobs Act of 2017 increases the amount of contributions allowed to an ABLE account, allows the beneficiary to claim the saver’s credit and allows rollovers in limited amounts from a 529 qualified tuition program.
Historic tax reform was passed by Congress in the Tax Cuts and Jobs Act  on Dec. 22, 2017. The IRS is working to educate taxpayers about important changes included in this legislation. One change significant for certain state legislators is the suspension of miscellaneous itemized deductions, which include unreimbursed travel expenses.

Additional Information for Tax Professionals and Partners

Get free materials to share with your customers, employees, volunteers, etc. about the Tax Cuts and Jobs Act.
The IRS is working to update its tax forms to reflect Public Law 115-97, Tax Cuts and Jobs Act. Additional information and updates will be posted on the Legislative Impact on Tax Forms page.
The 2017-2018 Priority Guidance Plan contains guidance projects that we hope to complete during the twelve-month period from July 1, 2017, through June 30, 2018 (the plan year).
New York City Tax Advocates We Keep Our Clients Out of Court and Out of PrisonWe practice before the Internal Revenue Service, the New York State Department of Taxation and Finance, the Department of Justice Tax Division and the Defense Office of Hearings and Appeals. To speak with a Federal Tax Practitioner and licensed Attorney call (212) 974-3435.

We Solve Serious Tax Problems Including Tax Crimes, Tax Evasion, Failure to File a Tax Return, Criminal Non-Filing, Filing False Tax Returns, Installment Agreements, Partial Payment Agreements, Audits, Sales Tax Controversies, Wage Garnishments, Bank Levies, Seizure of Property, Innocent Spouse Relief, Trust Fund Recovery Penalty, Payroll Taxes, Offers in Compromise, Administrative Appeals, Collection Due Process Hearings, Asset Protection Trusts, Tax Liability Settlement Trusts, and most other tax matters.

Commercial Insurance Advocates Specializing in “Hard to Place” Insurance Protection including High-Risk Medical Malpractice Insurance.  *Contact us directly if you or your professional practice pays between $300,000 and $15,000,000 in annual insurance premiums. For additional information call (212) 974-3435.

We Solve Serious Insurance Problems Including Directors' and Officers' Liability Insurance, Errors and Omissions Insurance, Malpractice Insurance, Commercial Automobile Insurance, Workers' Compensation Insurance, Property Insurance, Boiler and Machinery Insurance, Debris Removal Insurance, Builder's Risk Insurance, Glass Insurance, Inland Marine Insurance, Business Interruption Insurance, Ordinance or Law Insurance, Tenant's Insurance, Crime Insurance, Fidelity Bonds and Liability Insurance.

You have the right to be represented during a Workers Compensation Insurance Audit. Employee Misclassification, Underreporting, Unreported Income, and Failure to Keep Accurate Payroll Records

SELIG & ASSOCIATES  We successfully solve IRS and New York State Tax problems, including   Workers Compensation Audits, NYSIF Prem...