Recent Articles
Understanding the Taxpayer Advocate Service
Over the years, I’ve seen firsthand how overwhelming it can be for individuals and businesses to deal with the IRS. While the IRS has some great resources, like the Taxpayer Advocate Service (TAS), many clients come to me because they need a personal touch and someone...
Offer in Compromise: Why You Need Professional Help
Significant tax debt can be overwhelming, and many taxpayers are unsure where to turn. One of the most powerful tools for resolving tax debt is the IRS’s Offer in Compromise (OIC) program, which allows qualifying taxpayers to settle their tax liabilities for less than...
IRS Attorney Warns Cannabis Businesses: No Loophole Around Section 280E
The cannabis industry is facing an ongoing tax dilemma, particularly regarding Section 280E of the Internal Revenue Code, and a recent warning from the IRS suggests that businesses hoping for tax relief may be in for a rude awakening. What is Section 280E? Section...
Updates on Employee Retention Credits (ERC)
The Employee Retention Credit (ERC) has been an essential tool for businesses navigating the financial challenges of the COVID-19 pandemic. Designed to encourage companies to retain employees during times of financial hardship, ERC offers substantial tax credits that...
Stock Purchase Agreements: Connelly v. United States
In the world of corporate acquisitions, the fine print can make all the difference—especially when it comes to the tax sections of stock purchase agreements. As demonstrated by the recent U.S. Supreme Court ruling in Connelly v. United States, understanding and...
Tax Resolution for Real Estate Investors
Real estate investing can be highly profitable, but it also brings significant tax responsibilities. Investors must navigate complex tax obligations, and failure to manage these properly can lead to serious issues with the IRS. Understanding tax resolution strategies...