How to Settle Tax Debt

settle tax debt

The following is a transcript of an interview with paralegal Adriana Pedraza and attorney Jonathan Mishkin. In this interview, they discuss what taxpayers can do to settle their tax debt with the IRS and the Oregon Department of Revenue. Video Transcript: Adriana: Thanks for joining Jonathan Mishkin, a trusted expert in tax law and tax…

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Tax Withholding Checkup

tax withholding

The last quarter of 2021 is a good time to check withholding, especially after changes to individual financial situations Events like changing jobs, marriage, divorce, a new child, or home purchase can all be reasons to adjust withholding. The IRS has a Tax Withholding Estimator online to help taxpayers determine if they have too much…

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Proposed Changes to Oregon Tax Rules

new laws in oregon

The following is a transcript of an interview with paralegal Adriana Pedraza and attorney Jonathan Mishkin. In this interview, they discuss proposed changes to the Oregon tax rules. Video Transcript: Adriana: Thanks for joining Jonathan Mishkin, a trusted expert in tax and tax controversy. I’m your host and Jonathan’s paralegal, Adriana Pedraza. Today Jonathan will…

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FBAR Filing Extension Deadline

Filing FBAR Report

The Bank Secrecy Act requires U.S. persons to file an FBAR if they have: Financial interest in, signature authority or other authority over one or more accounts, such as a bank account, brokerage account, mutual fund or other financial account located outside the United States, and The aggregate value of all foreign financial accounts exceeds…

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Tax Law Changes & Itemized Deductions

taxes

The following is a transcript of an interview with Heidi Sherman and Jonathan Mishkin. In this interview, they discuss recent changes to tax laws and itemized deductions. Video Transcript: Heidi: Hi, I’m Heidi Sherman with Jill Brittle Family Law Group. And I have with me, Jonathan Mishkin, a tax attorney who manages his own law…

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Tax Laws & Exemptions Relating To Children

taxes and children

The following is a transcript of an interview with Heidi Sherman and Jonathan Mishkin. They discuss recent changes to tax laws and their impact on deductions and exemptions related to children. Video Transcript: Heidi: Hi, I’m Heidi Sherman with Jill Brittle Family Law Group. And this morning, I have Jonathan Mishkin with me. He’s a…

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Tax Laws & Dividing Assets in Divorce

divorce law and splitting assets

The following is a transcript of an interview with Heidi Sherman and Jonathan Mishkin. They discuss recent changes to tax laws and how they could impact dividing assets in divorce. Video Transcript: Heidi: Hi, I’m Heidi Sherman with Jill Brittle Family Law Group. This morning I have Jonathan Mishkin with me who manages his own…

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The CARES Act & How It Affects You

Individual Income tax return

An interview between Heidi Sherman and Jonathan Mishkin.Heidi is a Senior Associate Attorney at Jill Brittle Law Group. Today we spoke primarily about the CARES Act. Video Transcript: Heidi Sherman  00:04 Hi, I’m Heidi Sherman with Jill Brittle Law Group. I have with me this morning, Jonathan Mishkin who manages his own law firm. Good…

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HR 6201 The Families First Coronavirus Response Act (FFCRA)

Filling out tax form

This bill, which is expected to be passed in the Senate without significant modification, requires all employers to provide paid sick leave, allocates federal funding for new disaster unpaid sick leave, increases funding for low-income food assistance, and increases health care worker protection.  Beyond increasing funding for state unemployment insurance, this bill falls short of…

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IRS POSTPONES APRIL 15 TAX-PAYMENT DEADLINE FOR MILLIONS

IRS Payment Deadline

At a White House Press briefing Tuesday, March 17, Secretary of Treasury, Steve Mnuchin announced that the IRS was postponing the April 15 deadline for paying taxes for 90 days. The extended deadline applies to individuals who owe less than $1 million and corporations that owe less than $10 million.  Not only will the IRS…

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