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Randolph Law Firm Recent Posts

POSTED ON October 11, 2021
Tax Problems from Canceled Debt?
The main consequence of debt cancelation is the legal obligation to pay taxes on the forgiven amount. The Internal Reven ...
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POSTED ON September 21, 2021
Will More IRS Funding Increase Your Risk for a Tax Audit?
President Biden’s $80-billion proposal to increase IRS funding may result in more tax audits for big and small busine ...
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POSTED ON September 14, 2021
What to Do When the IRS Makes a Mistake
Provision of relevant documentation pointing out an IRS mistake and filing a petition with the tax court are some of th ...
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POSTED ON September 07, 2021
Should You Beware of Operation Hidden Treasure?
A crypto holder who hasn’t been reporting cryptocurrency transactions or has been filing incorrect reports should watc ...
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POSTED ON August 24, 2021
Filing Bankruptcy: What to Expect During the Meeting of Creditors
Chapter 7 and Chapter 13 bankruptcy filers in Nevada attending a meeting of creditors (a 341 meeting) should antici ...
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POSTED ON August 17, 2021
Property to Which a Tax Lien Attaches
A lien attaches to all of a taxpayer’s property, including his or her rights to property. In this case, property[…] ...
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POSTED ON August 10, 2021
How Could Biden’s Tax Increase Proposals Impact You in 2021?
Biden’s tax increase proposals target C corporations that pay corporate income taxes and pass-through businesses, like ...
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POSTED ON July 21, 2021
Considering Bankruptcy After a Crash
Filing a Chapter 7 bankruptcy enables a car crash victim to discharge his or her eligible debts. Generally, a bankruptcy ...
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POSTED ON July 14, 2021
How a Tax Lien Could Impact Your Home Refinance Options
Tax liens lower the odds of selling or refinancing a home. The government files a lien to officially make a[…] ...
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POSTED ON July 08, 2021
When Inherited Property Leaves You Drowning in Debt
Coping with the death of a loved one is tough enough, but it becomes even tougher when the inherited property[…] ...
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