Blog

  • ABA 31st Annual National Institute on White Collar Crime
    The American Bar Association’s (ABA) 31st Annual National Institute on White Collar Crime is March 8-10, 2017 in Miami, FL. I will be there along with more than 1,200 other attorneys, judges, accountants and other professionals practicing in the white collar crime area. Be sure to complete Matt Kaiser’s ABA ... read more
    Source: Boston Tax Attorney BlogPublished on March 3, 2017By William Lovett
  • IRS Issues “Dirty Dozen” List of Tax Scams for 2017
    Sharing IRS Press Release IR-2017-37, Feb. 17, 2017 WASHINGTON — The Internal Revenue Service today announced the conclusion of its annual “Dirty Dozen” list of tax scams. The annual list highlights various schemes that taxpayers may encounter throughout the year, many of which peak during tax-filing season. Taxpayers need to guard ... read more
    Source: Boston Tax Attorney BlogPublished on February 23, 2017By Sean McMahon
  • Howard Stern sued after airing private call between IRS agent and taxpayer
    A U.S. taxpayer is suing Howard Stern and Howard Stern Production Company in Massachusetts District Court in Boston for airing her private call with an Internal Revenue Service (IRS) agent. Prior to taking the taxpayer’s call, the IRS agent had called into the Howard Stern show and had been placed ... read more
    Source: Boston Tax Attorney BlogPublished on February 21, 2017By William Lovett
  • New IRS Compliance Campaigns for large businesses and International taxpayers
    The Internal Revenue Service (IRS) Large Business and International (LB&I) division announced a new series of campaigns targeting fraud and tax evasion by businesses with assets over $10 million and wealthy individuals with international tax compliance obligations. The new strategy moves towards issue-based examinations and a compliance campaign process in ... read more
    Source: Boston Tax Attorney BlogPublished on February 2, 2017By William Lovett
  • Collection Agencies to Begin Collecting Old Tax Debts for IRS
    IRS Hires Private Debt Collectors Starting in the Spring of 2017, the Internal Revenue Service (IRS) will use four private debt collection companies to recover old tax debts. Congress authorized the use of private collection agencies in the 2015 Fixing America’s Surface Transportation Act (FAST Act). If you owe money ... read more
    Source: Boston Tax Attorney BlogPublished on January 11, 2017By Sean McMahon
  • Court Authorizes IRS to Seek the Identities of U.S. Taxpayers Who Have Used Virtual Currency
    A federal court has granted the Internal Revenue Service (IRS) authority to serve a John Doe summons on Coinbase Inc., seeking information about U.S. taxpayers who conducted transactions in a convertible virtual currency during the years 2013 to 2015. IRS Definition of a John Doe Summons In the typical scenario, ... read more
    Source: Boston Tax Attorney BlogPublished on January 4, 2017By William Lovett
  • Justice Department Reaches Final Resolutions Under Swiss Bank Program
    In a press release, the Department of Justice announced that “it has reached final resolutions with banks that have met the requirements of the Swiss Bank Program.  The Program provided a path for Swiss banks to resolve potential criminal liabilities in the United States, and to cooperate in the Department’s ... read more
    Source: Boston Tax Attorney BlogPublished on December 30, 2016By William Lovett
  • New IRS Fast Track Mediation Collection Program
    The Internal Revenue Service (IRS) has created a new fast track medication program to resolve some offer-in-compromise (OIC) and trust fund recovery penalty (TFRP) disputes. The expedited process, SB/SE Fast Track Mediation–Collection (FTMC), will be heard by an Office of Appeals mediator. FTMC allows taxpayers in Collection an early and ... read more
    Source: Boston Tax Attorney BlogPublished on December 14, 2016By Sean McMahon
  • IRS Warns Taxpayers of Numerous Tax Scams Nationwide
    The Internal Revenue Service (IRS) is once again warning taxpayers of tax scams. “Whether it’s during the holidays or the approach of tax season, scam artists look for ways to use tax agencies and the tax industry to trick and confuse people,” said IRS Commissioner John Koskinen. “There are warning ... read more
    Source: Boston Tax Attorney BlogPublished on December 8, 2016By William Lovett
  • Lavish Holiday Shopping May Get You into Trouble with the IRS
    Your lavish spending on Black Friday, Cyber Monday and the holidays could land you in trouble with the Internal Revenue Service (IRS). Extravagant purchases may indicate to the IRS that you have not fully reported all of your income on your tax returns. IRS agents can perform examinations to determine ... read more
    Source: Boston Tax Attorney BlogPublished on November 30, 2016By Sean McMahon

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The information contained in the McMahon & Associates, PC web site is solely for informational purposes and does not create an attorney-client relationship or constitute legal advice. Unsolicited information transmitted electronically to our attorneys via this web site or the Internet is not considered confidential.

  • IRS to End Offshore Voluntary Disclosure Program March 13, 2018
    The Internal Revenue Service (IRS) announced on March 13, 2018 that it will be ending the Offshore Voluntary Disclosure Program (OVDP) on September 28, 2018. If you have an undisclosed foreign bank account, contact McMahon & Associates to learn how to come into compliance with the IRS. Learn more about OVDP here: IRS Offshore Voluntary […]
  • Sean McMahon Discusses Tax Trends and Challenges in Interview with Massachusetts Lawyers Weekly March 12, 2018
    In a recent interview with Massachusetts Lawyers Weekly In House Counsel, D. Sean McMahon discusses trends in tax law, challenges to the legal profession and how McMahon & Associates assists taxpayers. After leaving the Internal Revenue Service Chief Counsel’s Office in 2005, D. Sean McMahon opened the doors of McMahon Tax Law in Boston. Today, […]