Have you ever received a Statutory Notice of Deficiency from the IRS?  If you have never had the misfortune of receiving one, you might not even know what a Statutory Notice of Deficiency is. In simple terms, this document is basically a notice from the IRS that you owe them a certain amount of money in taxes and that you have a time period, usually 90 days in which to pay up. In most cases, these documents are sent in good faith by the IRS and are worded in a polite way. But ignore these notices at your peril.

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Major tax problems of large tax amounts usually stem from 2 causes.  It is either the taxpayer has fraudulently filed his returns or he has not been paying enough taxes over the years.  If you have recently been saddled with a giant tax bill, here are a few places you can look for assistance with IRS debt.

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Tax attorney Darrin Mish was quoted in MSNBC and The Orange County Register in connection with the way California Lawmakers use their Lawmakers’ Allowances.  Before we get into what Attorney Darrin actually said, we need to give you some background information.  We all know that all state assemblymen in every state are given lawmakers’ allowances to cover their expenses while they are in the state capital carrying out their duties like what they are elected for.  What most people do not know is that the allowances given them are tax free and quite substantial, especially in California.  This allowance is known as ‘per diem’ meaning ‘per day’ in Latin.

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The IRS has taken some strict measures to recoup what is due to them by Bradenton Preparatory School in Florida.  According to online news portal, Bradenton.com the federal agency issued a letter in December last year to all parents with children in the school to hand over all tuition and other fees to the IRS due to the large amount of taxes the school owes.  The order from the IRS also includes any other school assets or rights to assets parents may be holding, including deposits, credits and money.  Failure to comply would result in action taken against the parents.

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How do our lawmakers in the state assembly use their legislators’ allowances?  The truth may astound you.

Lawmakers in California, like their counterparts from other states, receive tax-free allowances for their legislative work.  These allowances, calculated daily, are meant to compensate for out of pocket expenses the legislators have to incur while living in the state capital.

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