Recent Articles

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...

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...

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...

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...

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...

Receiving an audit notice from the IRS can be an intimidating experience. Understanding the types of IRS audits and their requirements can help you navigate the process more effectively. It's important to note that managing an audit on your own can be challenging;...