Tax Law Blog

If you receive a letter from the IRS, there is a decent chance it is a “soft  letter.” What exactly is that supposed to mean and what should you do about it?

The rosy business prospects of January 2020 gave way to the kind of business devastation that most people have never seen. For business owners, hard times have made for hard choices.

While it seems like 2020 has been one long disaster, the Internal Revenue Service (IRS) stepped up to offer some filing relief for those who are required to file a 2019 Report of Foreign Bank and Financial Accounts (FBAR) who have been hit...

If you have a choice between retaining legal counsel or taking on the IRS by yourself, what is your best option?

The sitting president of the United States reports he is unable to provide his taxes to the American people because they are the subject of a tax audit. If you are contacted for a civil tax audit, are you looking at a decade of tax hassle? Probably...

A recently proposed rule posted in the Federal Register by the Department of Labor (DOL) aims to clear some of the murkiness around who is, and who is not, an employee for purposes of the Fair Labor Standards Act (FLSA).The new rule may help...

One form of tax relief could lead to another form of tax enforcement. If you have recently received a letter from the Internal Revenue Service (IRS), it would pay not to ignore it.

Outsourcing payroll functions can save business owners and operators time and money. Using vendor expertise lets employers focus on marketing their core strengths and customer fulfillment. For some companies, it is a good deal—and sometimes it isn’t.

How troublesome is it if you fail to file your annual tax return, or your quarterly business taxes? This is not a trick question. The answer is, “it depends.”

Failure to file tax returns in some cases means the government eventually gets to keep the change. What happens when taxpayers who are due a tax refund do not ask for it?