Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Matthew J. Schiller
IRS Penalties and What You Can Do About Them
“A penalty is a cowardly way to score.” — Pele (1940-2022) ‘Cowardly’ or not, the Internal Revenue Service (“IRS”) and state taxing authorities assess penalties against taxpayers who do not meet their tax obligations. IRS penalties are very costly and are meant to be that way to discourage citizens from failing to timely file and/or pay the balances due on tax returns.
Legitimate Ways to Reduce Your Tax Bill
Publications Apr 24, 2024 Denver, CO By: Matthew J. Schiller, Esq. “If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.” —Edmund Burke (1729-1797) If you owe taxes to the Internal Revenue Service as millions of your fellow Americans do, you may feel like you have lost command of your wealth or potential wealth. It doesn’t have to be that way. Why not be proactive and work out a solution that fits your budget and current circumstances?
Legitimate Ways to Reduce Your Tax Bill
“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.” —Edmund Burke (1729-1797) If you owe taxes to the Internal Revenue Service as millions of your fellow Americans do, you may feel like you have lost command of your wealth or potential wealth. It doesn’t have to be that way. Why not be proactive and work out a solution that fits your budget and current circumstances?
Penalty Abatement & Resolution Basics
Publications Apr 10, 2024 Denver, CO By: Matthew J. Schiller, Esq. “What’s called a difficult decision is a difficult decision because either way you go, there are penalties.” — Elia Kazan (1909-2003) One of the most common questions I hear from clients is some version of “Can you remove the penalties from my tax bill?” While penalty abatement is available, I typically caution clients to first focus on obtaining a formal resolution to the tax debt.
Penalty Abatement & Resolution Basics
“What’s called a difficult decision is a difficult decision because either way you go, there are penalties.” — Elia Kazan (1909-2003) One of the most common questions I hear from clients is some version of “Can you remove the penalties from my tax bill?” While penalty abatement is available, I typically caution clients to first focus on obtaining a formal resolution to the tax debt.
OPINION: Short-term thinking
Why the commercial real estate economy will not recover if 1031 exchanges are capped By: Matthew Schiller and Daniel Wagner August 9, 2021 12:01 am An essential tool in the rebuilding of our American economy is at serious risk as part of the $1.8 trillion American Families Plan being considered in Washington — and the damage will be felt in every state, city and town still reeling from the ravages of COVID-19.
An Overview of Opportunity Zones and Proposed IRS Regulations Concerning Investments in Qualified Opportunity Funds | Lexology
On October 17, 2018, the Internal Revenue Service released proposed regulations and commentary concerning the opportunity zone program, a key component of the 2017 Tax Cuts and Jobs Act (TCJA). The opportunity zone program is intended to encourage long-term capital investments into select low-income communities through the use of a new type of investment vehicle known as a Qualified Opportunity Fund (QOF).
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Matthew J.
Contact Matthew J., search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack