Rosefelt Tax Law

10/31/2025

This Halloween, the scariest thing might not be ghosts or ghouls… it could be a notice from the IRS.

Tax problems can haunt even the most well-intentioned taxpayers. Whether it’s an unexpected audit, mounting penalties, or years of unfiled returns, these issues rarely disappear on their own - they tend to grow in the dark.

The good news? With the right strategy and professional guidance, you can face the fear head-on and finally put those tax nightmares to rest.

At Rosefelt Tax Law, we help clients face these issues with strategic planning and experienced advocacy so even the most complex situations can be resolved.

Call today us today at (866) 995-0061 and start sleeping better tonight.

11/21/2022

Today's the day! Don't miss Rosefelt Tax Law's very own Sarah A. Fields, Enrolled Agent, presenting her seminar 'Winning Strategies for Playing Chess with the IRS' through CPAacademy.org. The program focuses on how to assemble effective client communication and workflow processes to achieve winning strategies in tax controversy cases.

Use the link below to register or review other great programs offered by CPAacademy: https://www.cpaacademy.org/webinars/a0D2S00000uNMNEUA4

As Tax Controversy Manager at Rosefelt Tax Law, Sarah utilizes her extensive experience in state and federal tax controversy cases to assist our clients through financially and emotionally stressful tax matters. If you are experiencing serious tax issues, give us a call today at (301) 656-4424!

11/14/2022

1 week away! Join Rosefelt Tax Law's very own Sarah A. Fields, Enrolled Agent, for her seminar 'Winning Strategies for Playing Chess with the IRS' being presented by CPAacademy.org. Attendees will be eligible to earn 2 CPE credits. See some of the great things prior attendees have to say below:

"This is one of the best webinars I have attended. The presenter was excellent and so easy to stay engaged with. She understands how to deal with people on a personal level and help them through a difficult situation." - Diane M.

"This one goes down as one of the best webinars I have experienced! She is a great speaker. Her handouts are great and will help remind of what she discussed. She explained issues and provided detail steps of what to do and not to do. And she even provided the "why" and "why not" reasons. I learned so much." - Brenda W.

"She was great! Fabulous speaker, knowledgeable, entertaining and made the time pass quickly!" - Max J.

Reserve your spot today by visiting https://www.cpaacademy.org/webinars/a0D2S00000uNMNEUA4

10/21/2022

Webinar Alert! Rosefelt Tax Law's very own Sarah A. Fields, IRS Enrolled Agent, will be presenting a live webinar for the National Society of Accountants on October 26th, 2022 at 2:00 pm (ET). The presentation, Playing Chess with the IRS, will cover the key work processes necessary to successfully navigate your client's IRS resolution case, and provide tax professionals with the tools to effectively communicate with clients throughout each stage of the case.

Sarah Fields is an IRS Enrolled Agent and Tax Controversy Manager at Rosefelt Tax Law. She has extensive experience in working with IRS and state tax controversy cases daily for clients and has worked for top Attorney-CPAs in the New York metro area. Register today to hear Sarah speak through the link below.

https://nsawebinars.nsacct.org/products/playing-chess-with-the-irs -product_tab_overview

09/30/2022

Our thoughts are with our team members, clients, and anyone else affected by Hurricane Ian’s devastation over Florida this past week. We hope you are all safe and wish you the very best in navigating this extremely difficult time. Fortunately, our team and practice have not been adversely affected and we will continue to provide our best services and support to those in need.

09/12/2022

Recently, the IRS was granted $79.6 Billion in funding as part of the Inflation Reduction Act of 2022 to bolster taxpayer services and enforcement. This was met with widespread public skepticism that the new funds would be utilized to increase audit and enforcement action, however IRS Commissioner Chuck Rettig stated that “these funds will help us in many areas, including adding critical resources to not just close the tax gap but meaningfully improve taxpayer service and technology."

Learn more by checking out our latest blog post at this link: https://rosefeltlaw.com/irs-granted-79-6-billion-to-bolster-taxpayer-services-and-enforcement/

If you are experiencing serious tax issues or are under IRS audit, call our team today at (866) 995-0061 for a free and confidential case review.

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The Inflation Reduction Act of 2022 has been a significant point of conversation since its inception and approval. As a historic reconciliation package for

09/08/2022

The IRS's failure to file penalty applies if you don't file your tax return by the appropriate IRS dictated filing due date. The penalty assessed is a percentage of the taxes that a taxpayer would have owed on their tax return had it been timely filed and paid. This penalty is based on how late you file your tax return and the amount of unpaid tax as of the original payment due date (not the extension due date). Unpaid tax is the total tax required to be shown on your return minus amounts paid through withholding, estimated tax payments and allowed refundable credits. Interest is charged on these penalties and can accrue quickly, so it is imperative to file your tax returns timely to stop penalties and interest from adding up.

Willful failure to file a tax return is a misdemeanor pursuant to IRC 7203. In cases where an overt act of evasion occurred, willful failure to file may be elevated to a felony under IRC 7201. Taxpayers charged with a criminal tax evasion can face severe consequences which may include substantial fines and possible jail time. In most instances, the problems faced by non-filers can be resolved successfully if the taxpayer obtains experienced legal counsel and voluntarily addresses the problem. Voluntarily bringing your income tax return filing obligations into compliance can spare you enormous personal and financial costs in the future. If you have been assessed failure-to-file penalties for unfiled tax returns, call our office at (866) 995-0061 for assistance from our experienced team of Attorney-CPA's, Tax Attorneys, Enrolled Agents, and Tax Accountants.

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Sources: irs.gov, IRC § 7203, IRS § 7201

09/01/2022

Upcoming deadline alert! If your business has Federal Form 1065 U.S. Return of Partnership Income or Form 1120-S U.S. Income Tax Return for an S-Corporation return filing requirements, and you filed an extension for the 2021 tax year, the filing deadline is Thursday, September 15th, 2022. These returns must be submitted accurately. The IRS recommends that these returns be submitted as soon as possible so they can be processed without delay.

If you're in need of current year tax preparation services or assistance with delinquent partnership or s-corporation returns, call us today at (301) 656-4424!

09/01/2022

If you know or believe you are at risk of an Internal Revenue Service (IRS) criminal investigation, your best option is to contact experienced legal counsel immediately. Do not discuss your situation with anyone (including the IRS criminal investigators) without first seeking experienced legal representation. Selecting the right tax counsel can sometimes make the difference between your freedom and the possibility of a lengthy criminal tax investigation followed by time spent in jail.

Tax fraud can occur in a variety of ways - misrepresenting income on a return, overstating deductions, or concealing bank accounts, to name but a few. Fraudulent activity can include both affirmative acts, such as subscribing to a false tax return, or omissions, such as fraudulent failure to file. The central question is whether the taxpayer willfully engages in conduct intended to conceal, mislead, or otherwise prevent the collection of taxes believed to be owing.

The IRS and the Department of Justice (DOJ) actively and aggressively work to combat tax fraud in all forms. Tax fraud is a serious offense that can carry substantial monetary penalties or jail time. If you filed false tax returns or believe you may be at risk of IRS criminal investigation, it is critical that you seek the advice of a competent tax attorney right away.

09/01/2022

If you know or believe you are at risk of an Internal Revenue Service (IRS) criminal investigation, your best option is to contact experienced legal counsel immediately. Do not discuss your situation with anyone (including the IRS criminal investigators) without first seeking experienced legal representation. Selecting the right tax counsel can sometimes make the difference between your freedom and the possibility of a lengthy criminal tax investigation followed by time spent in jail.

Tax fraud can occur in a variety of ways - misrepresenting income on a return, overstating deductions, or concealing bank accounts, to name but a few. Fraudulent activity can include both affirmative acts, such as subscribing to a false tax return, or omissions, such as fraudulent failure to file. The central question is whether the taxpayer willfully engages in conduct intended to conceal, mislead, or otherwise prevent the collection of taxes believed to be owing.

The IRS and the Department of Justice (DOJ) actively and aggressively work to combat tax fraud in all forms. Tax fraud is a serious offense that can carry substantial monetary penalties or jail time. If you filed false tax returns or believe you may be at risk of IRS criminal investigation, it is critical that you seek the advice of a competent tax attorney right away. Call us today at (866) 995-0061 for fast and experienced assistance!

08/30/2022

Daniel Rosefelt, Attorney-CPA, leads a team of tax attorneys, CPA’s, tax accountants and IRS Enrolled Agents, with substantial experience in representing clients facing IRS audits. The IRS is represented by a team of well-trained specialists, including audit examiners, accountants, and attorneys. If your tax return is selected for examination, you need to level the playing field with a team of experienced tax attorneys and tax professionals on your side.

Typically, the audit process begins when you receive a letter stating that your tax return has been selected for an examination. This does not mean that the IRS is accusing you of lying, cheating on your tax return or engaging in any other wrongdoing. Rather, the goal of the IRS audit process is to increase overall tax compliance and revenue collected by the government, often by making examples. IRS audit rates are rising dramatically for all types of taxpayers. Recent legislation will increase the IRS audit rate for high-income taxpayers. The IRS is currently in the process of randomly selecting and dissecting more than 5,000 IRS Form 1120 S-corporation tax returns, seeking information that will help tighten its grip on small business taxpayers in the years to come.

If you receive a notice of IRS audit, immediately seek legal counsel. To ensure proper representation during your IRS audit, contact Rosefelt Tax Law at 866-995-0061 or reach out by completing our contact form at rosefeltlaw.com.

08/29/2022

The United States Supreme Court is set to hear a high-stakes FBAR penalty case with widespread implications for taxpayers required to file Foreign Bank Account Reports, also known as FBAR filings. To learn more, check out our latest Blog Post linked below!

If you have offshore filing requirements and need the assistance of experienced international tax attorneys, call Rosefelt Tax Law today at (866) 995-0061.

The United States Supreme Court is set to hear Bittner v. U.S. in November 2022, a case regarding penalties on Foreign Bank Account Reports, known as FBAR