The focus of our practice is civil and criminal taxpayer representation, as well as bankruptcy and commercial litigation.  The IRS’s new 2012 “Fresh Start” initiative has made this time maybe the best time ever if you live in New Haven, Connecticut to file an Offer-in-Compromise (“OIC”) with the IRS. We can tell you that in the past it has often been difficult to have an OIC accepted by the IRS.  However, in an effort to both help taxpayers and get its arms around its ever growing inventory of collection cases, the IRS has rolled out a 2012 initiative that makes it easier to resolve past tax debts, including: A reduced window for reviewing dissipated assets; A significantly reduced “future income” calculation for the OIC; A streamlined Offer-in-Compromise program that reduces the amount... 12/30/2012

The focus of our practice is civil and criminal taxpayer representation, as well as bankruptcy and commercial litigation.The IRS’s new 2012 “Fresh Start” initiative has made significant changes to the IRS Notice of Federal Tax Lien policy. We can tell you that in the past it has often been difficult to have the IRS withdraw a Notice of Federal Tax Lien without actually disposing of the asset in question.Meanwhile the lien has caused unbelievable difficulties for the taxpayers, including ruining his or her credit and making it almost impossible to obtain any form of financing. However, in an effort to both help taxpayers and get its arms around its ever growing inventory of collection cases, the IRS has rolled out a 2012 initiative that makes it easier to resolve past tax debts, includin... 12/30/2012

The focus of our practice is civil and criminal taxpayer representation, as well as bankruptcy and commercial litigation.  There is a common misconception that taxes are not dischargeable in bankruptcy. We can tell you that there are many instances where bankruptcy may be the best option for resolving back federal and state taxes. There are a number of benefits for our Connecticut clients who seek to use bankruptcy as a means for resolving their outstanding tax issues, including: Discharging back income taxes; Forcing an installment agreement on an otherwise unwilling IRS or Connecticut DRS; Discharging other unsecured debts to free up cash flow to resolve the priority tax debts; and Potentially discharging tax penalties and interest. Each taxpayer’s situation must be analyzed, but ther... 12/22/2012

The focus of our practice is civil and criminal taxpayer representation, as well as bankruptcy and commercial litigation.  We are frequently asked whether bankruptcy can be utilized to help taxpayers resolve their back taxes. We can tell you that there are many instances where bankruptcy may be the best option for resolving back federal and state taxes. There are a number of benefits for our Connecticut clients who seek to use bankruptcy as a means for resolving their outstanding tax issues. Each taxpayer’s situation must be analyzed, but there are a few basic rules for discharging a tax, including: The tax cannot be a “Trust Fund” tax, meaning it cannot be a sales tax or payroll tax; The tax cannot be the result of tax fraud; The tax must be at least 3 years old; The tax return, if fil... 12/22/2012

Historically there have been few criminal employment tax prosecutions, however the IRS Criminal Investigation Division has suddenly focused on this area.  The number of prosecutions for criminal employment tax violations under IRC § 7202 has swung up significantly in the last 2 years. We represent taxpayers in a number of criminal tax prosecutions, and can tell taxpayers that the things that the IRS Criminal Investigation Division looks for when deciding to pursue a criminal payroll tax case against a business owner.    Those things they look for include: •       Recidivism: Where the taxpayer has opened a series of companies that fail to pay the employment taxes.  •       Personal benefit reaped by the owner ... 12/09/2012

  I don't like movie Theaters so I wait until the movie comes out on DVD.  I don't like to go to concerts, so I wait to buy the CD.  But there is a combination of the two that I will go to and that is a Play or Broadway Show. My 38th wedding anniversary is in another 12 days, and for our anniversary my wife wanted to go see The Jersey Boys.  When I heard the price of the tickets, you guest it, I almost had the big one.  My wife knew exactly what my reaction would be, so thoughts started to run through my mine, did she really want to make it to number 39?  After 38 years she knows what to say to get her way, so I agreed and the tickets were order. The Jersey Boys was only here at th Shubert Theater in New Haven, CT until today, and the best tickets that she could get were for yesterday ... 10/07/2012

The same crap with lost documents and poor communication as I wrote in my last blog about US Bank. Only difference was this time once the file got in front of a negotiator the person sitting behind the desk was competent. I better go play powerball now, because that was like winning the lottery when it comes to this bank. Anyhow, this particular client was deep in foreclosure. When we listed the property a motion for judgement of strict foreclosure had just been filed, and the prospects of closing this deal seemed weak at best. We were able to get a contract in the first 2 weeks, and quickly submitted all docs to US Bank...again, and again, and again. 3 months roll by and our first buyer walked. We were able to quickly get another buyer, and at about the 130 day mark, we finally got a ... 07/25/2012

There are some great buying opportunities for buyers searching for homes for sale in Morris Cove New Haven CT.  As someone who has lived in the area for the majority of my life Morris Cove is one of the hidden gems located along the Greater New Haven shoreline. With the wide variety of styles, sizes and price ranges to choose from there's a home to fit almost any buyer's budget and lifestyle.  Surrounded by Long Island Sound you'll find that many of the homes for sale in Morris Cove are mere minutes away from the beaches, parks and recreational areas.  Imagine the enjoyment on a warm summer evening of feeling the cool ocean breezes blowing against your skin as you stroll along the Pardee Seawall or feel the sand between your toes on the beach at Fort Hale Park or Lighthouse Point Park. ... 07/20/2012

The Connecticut Finance Authority Section 8 Voucher Program In Hew Haven CT is a little known program that is available not only in New Haven, but also in the following 10 Connecticut towns listed below: Ansonia Bridgeport Bristol Danbury Derby Hartfort Meriden Norwalk West Hartford Willimantic This program was established to assist renters with Section 8 Vouchers to purchase a home, and free up subsidized housing units. The Connecticut Finance Authority Section 8 Voucher Program In New Haven CT is available to current renters in New Haven and the other 10 Connecticut towns listed above, that have a Section 8 Voucher, and can meet the requirements for a CHFA Mortgage.  These Section 8 renters also have to be approved by their local Public Housing Authority (PHA) that issued their Secti... 06/30/2012

Fairly simple and straight forward deal here.   Predictable FHA short sale, the 1st mortgage serviced by Webster bank and a small 2nd mortgage with CHFA serviced by the Connecticut housing investment fund (CHIF). We took a look at the comps, priced the property appropriately, and had a contract in 8 days. Webster bank was fantastic to work with.  Once I had the full short sale package in, an appraisal was immediately ordered and we had an approval letter in about 3.5 weeks!  CHIF, as usual was a model of efficiency and had an approval back in a matter of days.   The details:   Amount owed - $150,000   Sale price - $76,000   Closing costs allowed - $7,000   Net to lenders- $69,000   DEBT FORGIVEN - $81,000     Patrick Need to sell your home? Why settle for less than 5 stars? 2011 and 201... 02/29/2012

  ‎***UPDATE*** on Halloween ParadeThe East Shore Halloween Parade is moved to Monday (Halloween) night due to the predicted bad rainy, icy & windy weather for Saturday evening. So Saturday is cancelled.   East Shore-Morris Cove Halloween Parade Saturday October 29th     The annual East Shore-Morris Cove Halloween Parade will be held this year on Saturday October 29th from 6:00pm to 7:00pm. The parade is open to children in grades from Pre-K through 6th grade and will start at the Pardee Seawall on Townsend Avenue.       There will be a float competition and judging of best costumes in each group.  After the parade there will be doughnuts, cider and candy for all particpants.       For more information contact Claudia Bosch at claudia.morriscove@gmail.com Also please note that trick-or-... 10/27/2011

East Rock Homes For Sale-East Rock New Haven CT Real Esate Market Report September 2011Understanding the general direction of the currentconditions is of vital importance to both buyers and sellers in order to help you make a more informed decision when buying or selling an East Rock home.  There are currently 11 East Rock New Haven CT homes for sale.  They range in price from $490,000 for a 1947 sq. ft.  8 room, 4 bedroom Old Style home to an expansive 6930 sq. ft.  16 room, 9 bedroom, 5 bath Colonial listed for $2,250,000.For the month of September 2011 there were 3 East Rock homes sold with an average list price of $657,000, average sales price of $616,633 and an median sales price of $574,900.  The average days on the market for these East Rock homes was 95 days. Comparing this to S... 10/03/2011

New Haven CT Real Estate Market Statistics 2000-2011 It was an interesting exercise today reviewing the New Haven CT real estate market statistics and watching how the sales trends have changed over the past 10 years.   Back in 2000 the average list price was $136,174, the average sales price was $130,237 and the median sales price was $105,000.  When we reached the height of the market in 2006 the average sales price had gone up dramatically and was at a whopping $277,495.  The average sales price had gone up to $267,034 and the median sales price was $228,140. As the housing bubble burst the market started it spiral downward and by the end of 2010 the average list price had gone down to $219,572, the average sales price was $207,829 and the average median sales price was $165,000.  Sh... 10/02/2011

Discover East Rock New Haven CT-An Upscale & Historic Neighborhood     One of the most desirable and prestigious areas to live in New Haven is in the neighborhood of East Rock.  This upscale neighborhood gets its name from nearby East Rock a New Haven landmark known for its summit overlooking the city with spectacular panoramic views of New Haven and Long Island Sound.   The neighborhood of East Rock lies within three historic districts with the southerly parts of neighborhood listed in the Upper State Street Historic District and the Orange Street Historic District.  The western half lies within the Whitney Avenue Historic District. East Rock is known for its beautiful tree-lined street and architectural style of Queen Anne, Tudor and Victorian style homes but also offers a variety of... 10/01/2011

Yale Peabody Museum Of Natural History   One of the most memorable places to visit in New Haven is the Yale Peabody Museum of Natural History.  Filled with notable geological, biological and anthropological collections and its renowned Great Hall of Dinosaurs where among the many displays stands the fossil skeleton of a 65-foot Brontosaurus that roamed the earth some 150 million years ago and is the highlight of everyone's visit to the museum.     The Geat Hall is also home to the Pulitzer award winning 110 foot mural, a fresco secco painting by Rudolph F. Zallinger.  It took Zallinger 3 1/2 years to paint the mural which was finished in 1947.You can explore thw wonders of anthropology in the Hall of Native Americans, Fossil Fragments and Daily Life In Ancient Egypt.  You'll discover t... 09/30/2011

East Rock-Worthington Hooker School New Haven ConnecticutWorthington Hooker School serves students in the neighborhood of East Rock in two separate buildings.  The elementary school is for grades K-2 and the middle school is for grades 3-8.Named after Dr. Worthington Hooker a former professor and physician at yale University the original school built in 1900 is located at 180 Canner Street and is now home to students kingergarten through grade 2.  When it was not large enough to accomodate all nine grades, students in grades 3-8 were moved into the former Saint Stanislaus School on State Street.  After the completion of an 18 month renovation project on the main building in the spring of 2007 at a cost of $12.9 milliion plans were also underway to build a new building for the middle sch... 09/29/2011

East Rock Park-A New Haven Landmark  A favorite outdoor recreation destination and tourist spot for residents and visitors of the Greater New Haven area is East Rock which spans the towns of New Haven and Hamden.       The magnificent red basalt cliffs of East Rock were formed about 200 million years ago and at its highest point of 366 feet offers spectacular views of the City of New Haven, Mill River, Quinnipiac River, Long Island Sound and Long Island.      East Rock is the principal feature located within the 425 acre East Rock Park owned by the City Of New Haven and listed on the National Register of Historic Places in 1997.   The city manages the park and maintains a scenic seasonal, winding road where you can drive your automobile to the summit and is also accesible by foot or bic... 09/28/2011

Edgerton Park New Haven Connecticut       Edgerton Park is set on 22 acres on the New Haven-Hamden border and became part of the New Haven park system in 1965.  Originally owned by Eli Whitney he gave it to his niece who lived in a Victorian house on the estate called "Ivy Nook."   The property was sold to Frederick Brewster a New Haven Industrialist who demolished the "Ivy Nook" and built a Tudory style mansion.  Because of its location at the edge of town it was named "Edgerton."  The house was completed and the grounds redesigned as a wedding present to his wife Margaret in 1909.  In his will it was specified upon the death of his wife that the house be destroyed and the grounds given to the City of New Haven to be used as a park. The grounds of Edgerton Park are absolutely beautiful... 09/26/2011

New Haven CT Homes-New Haven CT Real Estate Market Report August 2011 Understanding the general direction of the current New Haven CT real estate market conditions is of vital importance to both buyers and sellers in order to help you make a more informed decision when buying or selling a home in New Haven. There are currently 240 New Haven CT homes for sale ranging in price from $24,900 to $2,250,000. In the month of August 2011there were 17 homes that closed which is a decrease of 9 homes as there were 26 homes that closed in August 2010. The average sales prices of the New Haven CT homes sold in August 20111 was $184,365 with an average 120 days on the market versus $309,800 for those sold in January 2009 with an average 81 days on the market. The higher average sales price for Augus... 09/25/2011

The Apple Store New Haven Opens This Weekend!   The rumors has been swirling around for months but it's official as of today!  In my inbox this morning was an email announcing the Grand Opening of The Apple Store New Haven at 10:00am on Saturuday September 24th.  This new Apple Store is located at 65 Broadway right in the heart of downtown New Haven and Yale campus. Up until now if you wanted to buy an iPhone, Mac, iPod or iPad you had to travel to one of the four other Apple stores in Connecticut located in the Westfarms Mall in Farmington,  Danbury Fair Mall, Stamford Town Center Mall or on Greenwich Avenue in Greenwich.  It's going to be a fantastic to now shop, attend free workshops or test drive the newest and coolest Apple products right here in New Haven and if you're one of the ... 09/20/2011