In the News: Tax Pro Today

In the News: Tax Pro Today

Harvey has a unique “niche” tax practice. He only handles extremely large and complicated IRS problem cases, many for very famous celebrities and other well-known people, and almost all of his tax cases come from attorney insiders (music business; lobbyists; medical elite; mergers & acquisitions counsel) and informed CPAs. Even the most experienced tax resolution Read more about In the News: Tax Pro Today[…]

Podcast: Enterprise Podcast Network

Podcast: Enterprise Podcast Network

Harvey Bezozi is a tax guru specializing in complicated tax cases for famous people including music, film, and television celebrities, athletes, news anchors, prolific authors, top surgeons, hedge fund managers, politicians, judges, silicon valley billionaires, ultra-wealthy families, huge taxable estates, inventors, real estate investors, attorneys, industrialists, green energy innovators, and others. He is interviewed here Read more about Podcast: Enterprise Podcast Network[…]

Reasonable Collection Potential and the IRS Offer in Compromise

Reasonable Collection Potential and the IRS Offer in Compromise

In a recent, highly publicized case, the IRS rejected a tax settlement proposal known as an Offer in Compromise (OIC) from actor Wesley Snipes. Snipes sought to pay less than 5% of his massive tax debt of around $25 million. The IRS agents handling the case (called Revenue Officers, or “ROs”) flatly denied the proposal, Read more about Reasonable Collection Potential and the IRS Offer in Compromise[…]

The Vacation Home LLC and Why It Is Used

The Vacation Home LLC and Why It Is Used

While many families enjoy owning vacation homes and using these properties for getaways and gatherings, a vacation home is a unique type of asset that requires careful planning regarding its ownership structure. The type of ownership format chosen will affect a wide range of legal, financial, and procedural factors including asset and creditor protection, property Read more about The Vacation Home LLC and Why It Is Used[…]

The IRS Code Section 1031 Like-Kind Exchange: A Tax Planning Technique Used By Savvy Real Estate Owners

The IRS Code Section 1031 Like-Kind Exchange: A Tax Planning Technique Used By Savvy Real Estate Owners

It’s the oldest and simplest formula for accumulating wealth: Live the “buy low, sell high” dream by acquiring, holding, and then selling property at a tidy profit. Unfortunately, resulting capital gains taxes could amount to persistent leaks from an investor’s wealth-building pool. Every sale of investment or business property can create tax liability, reducing the Read more about The IRS Code Section 1031 Like-Kind Exchange: A Tax Planning Technique Used By Savvy Real Estate Owners[…]