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	<title>New Mexico Lawyer – The Dwyer Law Firm, LLC</title>
	<link>http://www.lctaxlaw.com</link>
	<description>Focus. Foresight. Finesse.</description>
	<lastBuildDate>Sat, 04 Sep 2010 00:17:39 +0000</lastBuildDate>
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		<title>Congratulations, Lee!</title>
		<description><![CDATA[The Dwyer Law Firm would like to congratulate Lee Stringham and everyone else who discovered today that they passed the July 2010 bar exam here in New Mexico.
For some, the news marks the end of a three year journey; for others, the trek was more like eight years. For all, it&#8217;s an accomplishment worth celebrating.
As [...]]]></description>
		<link>http://www.lctaxlaw.com/congratulations-lee/</link>
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	<item>
		<title>NTA on upcoming 1099 requirements</title>
		<description><![CDATA[In her report to Congress, the National Taxpayer Advocate Nina Olson expressed her concern about requiring businesses to submit an IRS Form 1099 to every entity that receives more than $600 per year for goods or services.
As explained in a previous post, beginning on January 1, 2012, the healthcare overhaul signed into law by President [...]]]></description>
		<link>http://www.lctaxlaw.com/nta-on-upcoming-1099-requirements/</link>
			</item>
	<item>
		<title>The taxpayer always rings&#8230; twice?</title>
		<description><![CDATA[If, after considering all the reasons not to do so, you decide to call the  IRS, please be patient.
According to a summary of National Taxpayer Advocate report to Congress, the IRS is not answering its phone as often as it used to.
In fiscal year 2008, the IRS only answered 53% of its calls from [...]]]></description>
		<link>http://www.lctaxlaw.com/the-taxpayer-always-rings-twice/</link>
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		<title>National Taxpayer Advocate Report</title>
		<description><![CDATA[As the Wall Street Journal mentioned here over the weekend, things at the IRS aren&#8217;t going so well according to the National Taxpayer Advocate (NTA), Nina Olson. In the most recent NTA&#8217;s report to Congress, Ms. Olson noted that Congress has taxed the IRS with duties that include &#8220;delivering social benefits and programs to the [...]]]></description>
		<link>http://www.lctaxlaw.com/national-taxpayer-advocate-report/</link>
			</item>
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		<title>Thanks BIA!</title>
		<description><![CDATA[Many thanks to the fine folks over at the Building Industry Association of Southern New Mexico for the warm welcome they have extended to the Dwyer Law Firm!
As a new member of the BIA, the Firm is looking forward to working with the staff and members of the Association and hopes to be a resource [...]]]></description>
		<link>http://www.lctaxlaw.com/bias-new-member/</link>
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		<title>&#8220;In Praise of the 5th Amendment&#8221; or &#8220;Don&#8217;t Talk to the Police!&#8221;</title>
		<description><![CDATA[This video is an excellent explanation of why it is never a good idea to speak to the police or the IRS. As Professor Duane details, this rule applies even if the person is innocent or will only tell the truth.
Professor James Duane graduated from Harvard Law School, practiced criminal defense, and now teaches Trial [...]]]></description>
		<link>http://www.lctaxlaw.com/in-praise-of-the-5th-amendment-or-dont-talk-to-the-police/</link>
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		<title>Health care overhaul: 1/1/2012 = 1099s for everyone!</title>
		<description><![CDATA[Well, not everyone, but everyone who receives more than $600 from your business each year.
Starting January 1, 2012, business owners will be required to file additional paperwork with the IRS and send an IRS Form 1099 to any company or individual that receives more than $600 for goods or services sold to the business annually.
Included [...]]]></description>
		<link>http://www.lctaxlaw.com/health-care-overhaul-112012-1099s-for-everyone/</link>
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		<title>New Medicare tax on investment income</title>
		<description><![CDATA[If a penny saved is a penny earned, what is a dollar invested?
Taxed, if the taxpayer falls under the new Medicare tax on investment income scheduled to take effect in 2013.
Under § 1411 of the Internal Revenue Code, a new tax of 3.8% is imposed on net investment income of certain individuals, trusts, and estates.
For [...]]]></description>
		<link>http://www.lctaxlaw.com/new-medicare-tax-on-investment-income/</link>
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		<title>Paying for the Overhaul &#8211; Higher Medicare Taxes for some</title>
		<description><![CDATA[In order to pay for the healthcare overhaul, tax increases include raising the rate of the Medicare insurance tax imposed on wages for individuals making more than $200,000 and couples making more than $250,000 per year.
Under current law, the 2.9% Medicare payroll tax is split evenly between the employer and employee with each paying 1.45%. [...]]]></description>
		<link>http://www.lctaxlaw.com/paying-for-the-overhaul-higher-medicare-taxes-for-some/</link>
			</item>
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		<title>Paying for the Overhaul</title>
		<description><![CDATA[Getting &#8220;bronzed&#8221; is about to get more expensive.
One of the simplest and most immediate consequences of the 2010 Health Care Act is the new tax on indoor tanning.
Effective July 1, all indoor tanning facilities will be required to collect a 10% excise tax on the amount paid for tanning services, according to Section 10907 of [...]]]></description>
		<link>http://www.lctaxlaw.com/paying-for-the-overhaul/</link>
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