You could face asset seizures in Texas if the Internal Revenue Service (IRS) investigates you, but the process often depends on whether your case is civil, where you owe money or criminal, where authorities suspect illegal activity. Liens and levies generally help the...
San Antonio Tax Law Blog
What to do if you are audited and suspected of tax fraud
Facing an IRS audit can be stressful, especially if there’s a suggestion of tax fraud. While an audit does not automatically lead to criminal charges, it may help to understand your options and take careful steps to protect your interests. Review the audit notice When...
What to do when the IRS freezes your bank account
When the IRS freezes your bank account, your money becomes untouchable overnight — bills bounce, payments stall and panic sets in as you realize you’ve lost access to your own funds. The freeze isn’t permanent, but it demands quick, informed action if you want to...
Safeguarding pet interests in your estate plan
When people think about estate planning, their focus is often on their children, spouses and other loved ones. Yet, for many, pets are also cherished family members who understandably depend entirely on their owners for care. Without a plan, pets can be left...
Proposing an offer in compromise to take control of tax debt
Some people claim that the Internal Revenue Service (IRS) is one of the largest collection agencies in the world. That comparison exists because the IRS reconciles estimated tax payments with an annual tax return and may then pursue collection activity against...
Can Texas beneficiaries remove an executor and get another one?
If you’ve recently lost a loved one, it can be some relief to learn that they left a will or a more extensive estate plan that details how they wanted their assets to be distributed. This can save surviving loved ones the stress and cost of a long probate period –...
How hiring workers as contractors could lead to tax controversy
Employers have several important income tax obligations to fulfill. Not only do organizations need to pay taxes based on company revenue, but they also need to make appropriate tax contributions for their employees. Those tax contributions add to the costs related to...
Protecting your loved one’s legacy from fraudulent fiduciaries
When a loved one passes away, their estate typically goes through a legal process called probate. It should be a system that helps ensure fairness and legal accountability. But what happens when the very person trusted to oversee the estate—the...
Tax Evasion: The risks of concealing income through nominee names
One common method of tax evasion is using nominee names to conceal income and avoid paying taxes. This illegal practice involves using someone else's name or identity to hide one's own income and assets, making it difficult for tax authorities to track and collect...
What do recent immigrants need to know about probate?
For recent immigrants in Texas, understanding how probate works is important, especially if they have family members who pass away or if they own property themselves. Probate is the legal process by which a deceased person's estate is administered, debts are paid and...
