small business tax lawyer

When the IRS Is Wrong, It Pays to Have a Tax Attorney on Your Side

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Recently, our firm had a conversation with the collection division of the IRS about the statute of limitations on a client’s account. We believed that over $60,000 of back taxes should have expired, which would have meant that the IRS could no longer collect on the debt and would’ve been forced to erase it entirely. We went back and forth over the phone discussing our position, but we could not get the agent to bend on his calculations. So, we escalated the situation and entered the dispute for further review.   Read more

These Life Events Could Change Your Tax Standing

These Life Events Could Change Your Tax Standing

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If you’ve experienced a significant life change over the last year, you’ll probably need to reexamine your tax standing, and you may be eligible for new deductions or tax credits as well. Keep reading to learn which types of life events could make an impact and how these changes could affect you as a taxpayer. Read more

When Should I Contact a Tax Representative?

When Should I Contact a Tax Representative?

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In many cases, individuals and businesses can settle their tax issues on their own (or perhaps with a bit of research and help from an accountant). However, there does come a time for some taxpayers when their problems require the assistance of a skilled and experienced tax representative.  Read more

IRS Tax Scams

Be on the Lookout for the IRS’ “Dirty Dozen” Tax Scams

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Watch out for the Dirty Dozen! No, not the Lee Marvin-led squad of misfits — we’re talking about the worst tax scams out there.

Every year, the IRS releases its “Dirty Dozen” list, which details twelve common tax scams that taxpayers may encounter during the year. Although people can fall victim to these schemes at any time, many of them peak during filing season as people prepare their returns (often in a hurry). Read more

small business tax attorney

Summer Tax Checklist for Small Businesses

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Although April 18, 2017 has come and gone, it’s a great time to go through a Summer Tax Checklist to keep you and your small business on track. Here are four things you can do to have a productive summer and prepare for a smooth tax season next year.  Read more

small business tax attorney

Small Business Taxes Are a Year-Round Commitment

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If you’re at all like many small business owners, this past tax season was probably pretty hectic. Rather than panic when tax season comes back around next spring, follow these basic tips to make life a little easier on yourself and your staff.  Read more

Disability Tax Credits

Certain Disabilities Might Qualify You for the Earned Income Tax Credit

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Elderly individuals and people with certain physical or mental disabilities that limit or prevent them from working are likely eligible for tax credits, including an increased standard deduction, credits for child and dependent care, and the earned income tax credit (EITC). These credits could significantly decrease ― or even eliminate ― the amount owed in taxes. Read more

Filing an Extension for Your Tax Returns

Filing an Extension for Your Tax Returns

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What Is a Tax Extension?

Tax season can be one of the most stressful times of the year for most Americans, but it doesn’t have to be ― especially not when you can get an extension and buy yourself some additional time to file.  Read more

What Is The Difference Between Standard and Itemized Deductions?

What Is The Difference Between Standard and Itemized Deductions?

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To receive the largest tax break possible, taxpayers should familiarize themselves with some fundamental aspects of completing their taxes, including the difference between standard and itemized deductions. In most cases, you’re allowed to choose either method when filing your taxes, so it’s vital to determine which method is the best fit for your tax situation.

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Resolving Tax Debt for Small Businesses

Resolving Tax Debt for Small Businesses

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We hate to be the bearers of bad news, but if you have severe tax liabilities with the IRS, your business could be in serious trouble. Once small businesses begin to accrue tax debt from previous years, they often find it difficult to get back into compliance. The IRS is notorious for their aggressive collection measures and isn’t known for leniency once businesses become delinquent with their debts. Read more