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Our goal in starting this blog is to follow current trends in tax, probate and estate planning, from the point of view of attorneys practicing in these areas, and to have fun interacting with others on these issues. We welcome your questions and feedback.
Taxpayers not required to file a 2007 income tax return may be eligible for a stimulus relief payment if they file Even Taxpayers who are not required to file a return may want to, since they may be eligible for a stimulus payment (if they have at least $3,000 in qualifying income), as long as they file their 2007 income tax return by Oct. 15, 2008. The easiest way to do this for someone not required to file is usually Form 1040A.
Phishing Scams using IRS Name and Promising Refunds are on the Rise. The IRS has published several warnings lately about increasing internet phishing scams using the IRS name and logo. "Phishing" (an intentionally misspelled version of "fishing" (for information)) is a scam where someone fraudulently sends an e-mail to trick the potential victim into revealing personal data that can be used to steal the victims' identity and assets. Once the identity thief has someone's personal data, they will use it to use to empty the victim's accounts, run up charges on the victim's credit cards, apply for new credit cards and/or obtain loans. I have even seen cases where the thief rented an apartment or bought a car.
Introduction and Blog Goals When I first mentioned doing a blog on my practice areas to a friend, his first words were: "How do you make tax interesting?" I have always found this widespread perception to be curious. There is no question that tax code provisions and regulations (intentionally) read like a foreign language to most people who don't do tax for a living. However, both when I worked in IRS Chief Counsel and now working for taxpayers in private practice, I find that virtually every case has a compelling human story behind it. That's what makes practicing in this area so much fun to me.
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TopicsRecent UpdatesMay 05, 2008 April 29, 2008 April 29, 2008 Web ResourcesFindLaw |
Calvin Bomar received an LL.M. in Taxation from the New York University School of Law. He was formerly an attorney for the I.R.S. Office of Chief Counsel in Washington, D.C., where he served in the Trusts & Estates Branch. After leaving The IRS, he was a tax, business law and estate planning lawyer at a large firm before co-founding Bomar & Phipps, LLC, an Atlanta Georgia law firm. His practice areas include tax law, estate planning, estate administration, business law, nonprofit organizations and probate law.
Kim Phipps is a graduate of Harvard University and the University of Virginia School of Law. She was previously a litigation attorney at a multi-national law firm, and has served as in-house counsel at two international corporations. Her practice focuses on probate and estate litigation, business litigation and complex litigation.