Tax Blog

Porter Law Office Case Success Story

by Matthew | May 24, 2024 | Blog, Tax Blog | 0 Comments

Columbus Ohio Tax Lawyer, Matthew Porter of Porter Law Office LLC is proud to share a recent success story that helped a client save nearly two hundred thousand on IRS taxes. Affordable Care Act Penalties The IRS assessed approximately $200,000 in ACA civil penalties...

Tax Attorney Near Me

by Matthew | July 28, 2023 | Tax Blog | 0 Comments

We protect the rights of Taxpayers before the IRS and Ohio Department of Taxation IRS agents are working for a resolution that is in the best interest of U.S. government. When dealing with these agents, you must know the tax rules and procedures. We have helped...

Firm News: CP2000 Response Results in Zero Tax Owed

by Matthew | July 6, 2023 | Blog, Tax Blog | 0 Comments

Porter Law Office LLC recently helped a taxpayer achieve a very favorable result. We responded to a CP2000. The IRS approved the response and reduced the proposed tax liability to zero. The IRS proposed an additional tax liability of over $21,000. A CP2000 is a...

Settle with the IRS using the Offer in Compromise Program

by Matthew | June 27, 2023 | Blog, Tax Blog | 0 Comments

Can you just call and settle with the IRS? That question is raised frequently. Unfortunately, you cannot. To settle with the IRS, you can qualify for the IRS offer in compromise program. The Columbus Ohio tax attorney at Porter Law Office, LLC specializes in helping...

IRS Fresh Start Program: 2023 Updates

by Matthew | May 2, 2023 | Blog, Tax Blog | 0 Comments

Back in 2011, the IRS created Fresh Start Program in an effort to help struggling taxpayers. The IRS basically modified their collection procedures relating to offers in compromise, installment agreements, not collectible status, and penalty abatement. The "program"...

Tax Resolution When IRS Revenue Officer Darkens Your Door

by Matthew | January 5, 2023 | Tax Blog | 0 Comments

Reality check. IRS revenue officers have gone back into the field. During COVID, they were sidelined, working remotely. Now, the IRS has instructed its revenue officers to resume making surprise visits to homes and businesses. What kind of tax resolution can you...

IRS Tax Forgiveness Program

by Matthew | December 2, 2022 | Blog, Tax Blog | 0 Comments

The offer in compromise is perhaps the most powerful IRS tax forgiveness program. If qualified, you can use this program to wipe out your tax debt and stop IRS in their tracks. The IRS has recently expanded the scope of their tax forgiveness programs. The offer in...

2022 Year-End Tax Planning

by Matthew | November 4, 2022 | Tax Blog | 0 Comments

With the year winding down, now is the time to consider your 2022 year-end tax planning strategies. This year we've seen the end of the pandemic. But the global economy still continues to suffer from supply chain disruptions, high inflation, and shifting labor...

How to Set Up Payment Plan with IRS

by Matthew | July 20, 2022 | Blog, Tax Blog | 0 Comments

Get a letter from the IRS? Owe money? Did you know you can set up a payment plan with IRS? The IRS has relaxed the installment agreement requirements due to the COVID pandemic. When you request a payment plan (installment agreement), the IRS is generally prohibited...

Matthew R. Porter Listed in 2022 Columbus CEO Best Lawyers List

by Matthew | June 28, 2022 | Blog, Tax Blog | 0 Comments

We are proud to announce that Matthew R. Porter has been listed in the 2022 Columbus CEO Best Lawyers list for tax. Porter Law Office, LLC is a boutique tax law firm located in Columbus, Ohio. We help individuals and businesses resolve tax disputes. With an advanced...

Options for Individuals to Comply with FATCA and File Delinquent FBAR

Sep 19, 2014 | Tax Blog

Individuals in the U.S. who have offshore investments are now finding out about their FBAR (FinCEN Form 114 Report of Foreign Bank and Financial Accounts) filing obligations. The publicity surrounding the Foreign Account Tax Compliance Act ("FATCA"), which became law...

IRS Employment Tax Forms to be Replaced by E-File Platform

Sep 4, 2014 | Tax Blog

Update on the Migration of IRS Employment Tax (94x Form Family) to the Modernized e-File (MeF) Platform. The experienced tax lawyer at Porter Law Office, LLC provides tax planning services as well as aggressive tax representation to individuals and businesses in...

FBAR FAQ: I have not filed FBARs, should I file past the 6 year statute of limitations?

Aug 17, 2014 | Tax Blog

Question: I have recently become aware of the FBAR filing requirements, and I have not filed FBARs for more than 10 years. Should I file FBARs past the six year statute of limitations? What can happen to me if I do not file them at all? As a tax lawyer in Columbus,...

Canadians Sue to Block FATCA and Prohibit Handover of U.S. Names to IRS

Aug 14, 2014 | Tax Blog

Several Canadian citizens have brought suit in a Canadian federal court against the Canadian Attorney General challenging the constitutionality of the intergovernmental agreement ("IGA") between the U.S. and Canadian government enacted pursuant to the Foreign Account...

What is “Non-Willful” Conduct for a Voluntary Disclosure of FBARs under the Streamlined Procedures?

Aug 10, 2014 | Tax Blog

Non-willful conduct for making a voluntary disclosure of FBARs under the IRS's streamlined filing compliance procedures is "negligence, inadvertence, or mistake, or conduct that results from a good faith misunderstanding of the requirements of the law." What does...

Review of IRS Seizures Finds 28% Noncompliance

Aug 7, 2014 | Tax Blog

A recent review of the IRS's tax levy procedures showed that the IRS failed to comply with the tax laws in 28% of the IRS seizures sampled. If you receive a Notice of Intent to Levy, protect your rights by contacting Columbus, Ohio tax lawyer Matthew R. Porter. The...

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