DPS Legal Counsel
Helping health professionals and entrepreneurs navigate the business of healthcare and the business of business
DPS Legal Counsel protects the business, regulatory, contract, transactional, intellectual property, compliance, and tax interests of health practices and small businesses from initial formation through founder retirement and practice/business succession
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Recent Blog Posts
IRS Emails – Federal Court, Day 1
There was a hearing today in the U.S. District Court for the District of Columbia in Washington, D.C. before Judge Emmet Sullivan in the case brought by Judicial Watch under the Freedom of Information Act against the Internal Revenue Service. At issue in today's...
Want to Avoid an IRS Audit?
An IRS audit has to be one of the most stressful experiences that someone can have. Do you have problems just finding records from a year or two ago? Just wait until the IRS comes knocking and asks for all your relevant records from several years in the past. The good...
New IRS Form 1023-EZ
There's a new Form 1023-EZ that small non-profit organizations can file online to apply for tax-exempt status. In order to qualify to use Form 1023-EZ, the organization must have annual gross receipts that do not exceed $50,000 and assets that do not exceed $250,000....
IRS Releases New Form 1023-EZ
The IRS released new Form 1023-EZ today. This new 3-page form will allow qualifying non-profit organizations that wish to seek tax-exempt status to file the new form online rather than filing the old, traditional paper form that is much longer and more detailed. In...
Employee vs. Independent Contractor Status
The U.S. Tax Court decided a case yesterday called Jones v. Commissioner. That case provides helpful guidance as to how a determination is made regarding whether a worker is an employee or an independent contractor. This type of determination is essentially a factual...
Today’s Tax News/Tip
The U.S. Tax Court did not release any opinions on Friday, June 20, 2014. Today, the big news is that IRS Commissioner Koskinen will testify on Capitol Hill again--this time before the House Committee on Oversight chaired by Rep. Darrell Issa. The hearing is scheduled...
IRS Commissioner to Testify on Capitol Hill Again Today
IRS Commissioner Koskinen will testify on Capitol Hill again today, this time before the House Committee on Oversight, chaired by Rep. Darrell Issa. If last week's hearing is any indicator, look for today's hearing to be testy. The U.S. Tax Court did not release any...
Received a 90-Day Letter? Be Careful How You Send Your Tax Court Petition
If you receive a notice of deficiency from the Internal Revenue Service, you have 90 days from the date of the notice to file a petition with the Tax Court, contesting the proposed deficiency. If you fail to do so, then the IRS can assess the additional tax deficiency...
Tax Court Provides Guidance on What It Means for an Asset to be “Placed in Service”
Regular readers of "T for Taxes" know that my favorite Tax Court Judge is Judge Holmes. Some inveterate readers and book lovers get excited when there is a new novel out by John Grisham, for example. I'm certainly a book lover and reader myself, and I could provide a...
Government Shutdown Slows Down IRS Activities
What impact has the federal government shutdown that went into effect at midnight on October 1 had so far on the IRS? It has been reported that less than 10% of IRS employees are on the job at present due to the shutdown, and those that are working are for the most...