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How to Survive a Business Tax Audit

As a business owner, you put in hard work year round for your business. Growth, innovation, team building, and a commitment to your customers don’t just spring out of nowhere. They take time, dedica...

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Tax Reform: A Hot Washington Topic
Tax reform is a topic that seemingly Washington, D.C. politicians like to talk about. It seems like they have an easier time talking about it if they claim it’s broken and that they have the solution to fix it. President Obama and Powerful D.C....
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Senate Approves More Tax Court Judges
In a rare episode of cooperation and bipartisanship, the United States Senate approved two of President Obama’s nominees for the U.S. Tax Court in early August. So the tax court judges may be filling out. Approval Paves the Way for Hearing More...
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Feds Give International Tax Dodgers Extra Six Months
The federal government announced in July 2013 that another delay is needed before Uncle Sam starts enforcing a law targeting international tax scofflaws. So, good news, tax dodgers. More Time Needed to Finalize International Agreements Congress passe...
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Gay Marriage Could Wed Couples with Higher Taxes
Two of the highest-profile cases considered by the Supreme Court of the United States in 2013 are no doubt the ones focusing on gay marriage and same sex partners. Indeed, thousands of protestors converged in Washington, D.C. on the two days of oral ...
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IRS Complaints Made for a Variety of Reasons
The Internal Revenue Service (IRS) is perhaps the most unpopular government agency next to Congress, and the nation’s complex tax code doesn’t make things easier for taxpayers. Hence, IRS complaints. People spend more than 6 billion hours...
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States Look to Raise Money by Taxing Pot
Now that two states – Colorado and Washington – have legalized marijuana, it seems that the momentum to legalize it is starting to pick up steam after California voters rejected marijuana legalization over two years ago. The next topic: T...
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Beermakers Look to Brew Tax Cuts
You’ve probably seen them popping up over the past couple years, but craft breweries are now more popular than ever. Beermakers are in. They provide worthy competition for the mass-produced beer the U.S. is known for. They can only brew a certa...
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Nearly $1 Billion Owed to Non-Filers
The IRS is sitting on nearly $1 billion in unclaimed refunds, and taxpayers are running out of time to get their hard-earned money back. During 2009, when unemployment was high and many people couldn’t pay a tax professional to prepare their re...
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Feds Crack Down on Massive Tax Evader
Nobody likes paying taxes, but an organization president who preached noncompliance with federal tax laws is now set to avoid taxes for a while as he sits in a federal penitentiary. Here is the story of this tax evader. Attempted to Pay Tax Burden wi...
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Facebook Defriends Taxes
If you’re on Facebook, one of the privileges you get is to pick and choose your friends list. Every so often, after going on a friending spree, you can filter out that list and defriend people you barely know. The tax attorneys at Facebook are doin...
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