Nov 17, 2024 | Uncategorized
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...
Oct 17, 2024 | Uncategorized
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...
Oct 6, 2024 | Uncategorized
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...
Sep 20, 2024 | Uncategorized
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...
Sep 15, 2024 | Uncategorized
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...
