Tax Law Blog

Generally, a business owner wants to avoid anything that could put their business’ success in danger. One of the things that can have major negative effects on a business’ financial health and future is tax problems.

Under the U.S. Tax Code, both employees and employers are required to pay certain taxes which are used to fund various government programs. These withholding taxes are deducted from an employee's paycheck and employers must report such withholdings...

We've previously discussed some of the red flag actions, or inactions, that are likely to get the IRS's attention. For small business owners, tax obligations are not only financially burdensome, but also confusing leading some to make costly tax...