It’s tax season and instead of getting a return you owe a large sum of money to the government! What do you do? How can you settle your tax debts with the IRS or NYS tax department?

In this episode of Hilary Topper On Air, Hilary interviews Terence Smolev, who serves as Counsel at Berkman Henoch Peterson Peddy & Fenchel, PC – a New York law firm advising and representing institutional, corporate, municipal and individual clients with more than 90 years of combined experience in tax litigation.

Terry’s Background

Terry has been practicing Tax Trusts and Estate law since 1970. As an accountant and attorney, he started his practice with the accounting firm, Peat Marwick Mitchell & Co (now KPMG) in 1969. For many years he has also represented special education students and acted as a Hearing officer in special education matters.

Terry has a long history of involvement in tax matters. He has been a member of the Internal Revenue Service Commissioner’s Small Business Advisory Committee. In addition he has taught as an Adjunct Professor at Hofstra University teaching all areas of law in the Business School and Estate Planning in the Law School. He currently lectures at the Washington College of Law of the American University about Criminal Tax Fraud.

Terry served as Counsel to The North Merrick UFSD for many years, was the President of the Board of Directors of the Hamlet community in Jericho, New York, long time member of the Board of Trustees of Hofstra University, and a member of the Board of the Alzheimer’s Foundation of America. In addition, he serves on the Board of the Gurwin Jewish Health Care Foundation, the Board of Directors of the New York City Police Museum as Vice Chair and Counsel, and the American University Washington College of Law Dean’s Advisory Committee.

About the Interview

Terry will discuss tax controversies and audits. He will also talk about the kind of trouble people can get into, offers in compromise, installment agreements, civil and criminal penalties and more. In addition, hear about infamous tax cheats!

About Berkman Henoch Peterson Peddy & Fenchel, PC

Delivering superior legal services and personal attention to clients large and small, Berkman Henoch Peterson Peddy & Fenchel, PC is a New York law firm advising and representing institutional, corporate, municipal and individual clients. Their knowledgeable attorneys possess skilled experience in all tax-related matters including:

  • Business Organization and Operation
  • Tax Controversies / Audits
  • Tax Certiorari
  • Estate and Gift Planning
  • Estate and Trust Taxation
  • Not-for-Profit Creation and Operation

To contact Terry or learn more about Berkman Henoch Peterson Peddy & Fenchel, PC visit https://www.bhpp.com/.

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