News & Updates

Lapekas Law on WSVN Channel 7

April 7th, 2014 by Lapekas Law Staff

Lapekas Law was featured on WSVN Channel 7’s “Business Monday” report last week. See the video here: http://www.wsvn.com/story/25121860/last-minute-tax-help

From WSVN.com:

The tax deadline is approaching fast but now is not the time to make common mistakes. In tonight’s Money Monday, Lynn Martinez has some last minute tax tidbits to remember.

WSVN — With just two weeks left to file your taxes, tax experts are busy answering questions.

Karen Lapekas: “It’s not too late to file.”

The former senior attorney for the IRS says if you are going to hire someone to prepare your taxes, be careful about who you select. Read the rest of this entry »

Lapekas Law featured on Fox Business News Feb. 13, 2014

February 14th, 2014 by Lapekas Law Staff

On Thursday I was interviewed by Cheryl Casone of Fox Business News in connection with her coverage of the Affordable Care Act (“ObamaCare”). The link is below:

Lapekas Law on Fox Business News 2-13-2014

Tax Breaks Causing Earthquakes (literally)? Never Say, “Never.”

January 29th, 2014 by Lapekas Law Staff

If you were looking for answers in last night’s State of the Union Address, you were probably as satisfied as if you had spent your time perusing the Internal Revenue Code looking for logic.

I was hoping for some insight on how President Obama intended to simplify the tax code and specific examples of “loopholes” he intended to see closed. But answers were perhaps as strategically omitted as were further jabs at the Supreme Court. (As soon as “loopholes” were mentioned, I should have known specificity was not the President’s intention. Of course, specifics, like the truth, tend to offend somebody, and the State of the Union should leave everyone feeling warm, fuzzy, and patriotic, right?) Read the rest of this entry »

Today’s House Bill: Slashing the IRS Budget. But we’ll pay for it…

July 9th, 2013 by Lapekas Law Staff

Last month, news outlets were in an uproar over the $4.1 million the IRS spent on a 2010 employee-training conference held in Anaheim, California. Much of the controversy surrounded the approximately $50,000+ spent on obnoxious training videos with little redeeming or educational value. Other amounts spent ($133,000 to hire outside speakers at the event) also raised ire. These controversial expenses, as well as the controversy surrounding the IRS’ disproportionate scrutiny of conservative organizations’ tax-exempt status applications, have kept reporters busy. Read the rest of this entry »

What’s James “Buster” Douglas v. Mike Tyson got to do with You v. The IRS?

July 2nd, 2013 by Lapekas Law Staff

Many people (and unfortunately, some attorneys) will concede or settle a dispute with the IRS because they fear the courtroom. Other than the costs or stresses associated with litigation, I have heard, on more than one occasion, that an attorney or a taxpayer “gave in” because “the IRS never loses a case, and thus, the fact that the IRS is willing to go to trial is a harbinger of almost certain defeat.” While it may certainly seem like this is the truth, it’s not. Without first independently evaluating the facts and law at issue, it’s merely an excuse. Read the rest of this entry »