eBook | Foreign Asset Reporting: Navigating the Choppy Financial Seas.

The White Knight Rises

A white knight has risen, committed to zealously defending those accused of crimes.  His name is Michael DeBlis. Michael is a passionate trial lawyer.  He puts his heart and soul into fighting for his clients.  Michael is a living example of the tremendous power that comes from combining passion, preparation, persuasion, and positive communication in […]

Improv Your Life (And Your Career)!

DeBlis & DeBlis is proud to announce that it has teamed up with the Magnet Theater to offer an improv workshop designed especially for lawyers and accountants. In partnership with When faced with a crisis, are you able to … Think on your feet? Improvise on the spot? Maintain your poise and stay as cool […]

What lawyers can learn from Improv

Lawyers can learn a lot from improvisation – much more than just thinking fast on their feet, being in the moment, and being spontaneous.  There are certain aspects of improvisation that are strikingly similar to trying a case.  In both disciplines, the key concept is the creation of a new, temporary reality.  In improvisation, the […]

White Collar Warrior

Dedicated to zealously defending those accused of crimes in both state and federal court. In prayer, humble.  In service, loyal.  In battle, invincible!

THE PROBLEM OF INTERNATIONAL DOUBLE TAXATION

U.S. citizens and residents are taxed on their income from all sources worldwide.  Worldwide taxation by the U.S. does not disarm the taxing power of other countries.  Americans pursuing income outside of the U.S. are bound to encounter tax collectors asserting their own national claims.  The world is awash in possibilities of double taxation.  Check […]

Trust Fund Recovery Penalties: Much ado about something

The income and social security taxes an employer withholds from the wages of employees are called “trust fund” taxes because they are constructively held in trust for the government. All too often, when business owners encounter financial trouble, they fail to pay these taxes – not because of any plan to steal the money from […]

The Notice of Deficiency – Your ticket into Tax Court

The United States Tax Court has jurisdiction of federal tax issues. One of the most common cases over which the United States Tax Court has jurisdiction is tax deficiencies. A deficiency is an amount of tax that the taxpayer allegedly owes the IRS in excess of any amounts reported on the return. The notice of […]

Selecting the Appropriate Venue to Litigate a Tax Case

Tax cases can be heard in several different venues: United States Tax Court, United States District Court, United States Bankruptcy Court, or United States Court of Federal Claims. The rules applicable to each venue vary. Therefore, the selection of one court over another depends on the facts unique to each taxpayer’s claim. Tax Court is […]

Anatomy of a Federal Tax Controversy

Step one: The IRS conducts a tax audit. A tax audit is an examination of your income and expenses to ensure that you correctly reported your tax liability. All types of tax returns are subject to audit, including income, business, estate, and gift tax returns. Step two: The 30-day letter If a revenue agent determines […]

Definitions of commonly used tax terms

Deficiency: A taxpayer’s correct liability, as determined by the IRS, less the amount reported on the return. Assessment: In order for the IRS to use administrative procedures to collect the tax owed, it must first “assess” it. Assessment means formally recording the tax liability. Statute of limitations Collection: In theory, the IRS has only ten […]