Company Found In Contempt Of Court For Refusing Subpoena Regarding Dual-Purpose Communication Sometimes, attorneys find themselves wearing multiple hats, acting as both a lawyer and as a business advisor for their clients. These roles can become especially blurred in a tax law context, where the advice of an attorney can simultaneously include legal and non-legal … Read more

Paycheck Protection Program Loans: Expenses Paid are Not Deductible Many businesses have had to close or move their operations online because of the COVID-19 quarantine across the country. Some businesses have taken a hit to their profits, but they’ve been able to get by with some adjustments in the way they serve customers, such as … Read more

Taxpayer Advocate Service Issues Report on Tax Credit, Creates Map of Taxpayers The Taxpayer Advocate Service (TAS) issued a report earlier this month that makes recommendations for the earned income tax credit in order to increase participation among eligible taxpayers. The recommendations are also aimed at reducing the claims made by ineligible taxpayers, which can … Read more

Tax Penalties and Why You Should Pay on Time No one likes paying their taxes – well, you’d be hard pressed to find someone who openly admitted that they loved paying taxes, anyway – but we all have to pay our part. You can’t just fail to file a return and expect to get away … Read more

How Bankruptcy Affects Tax Liens and Repayment Schedules Taxes take a huge chunk out of our incomes. Some of us might try to mitigate that burden by adjusting our deductions so we get a bigger paycheck. We hope to minimize what we owe at the end of the year through deductions and tax credits, but … Read more

Passport Actions Under Section 7345 The Internal Revenue Service issued new guidance for handling passport actions related to tax debts this month. In 2015, the Fixing America’s Surface Transportation Act was passed, and it ruled that the State Department must deny a passport to anyone with a seriously delinquent tax debt, as well as to … Read more

Obtaining an Installment Payment Agreement When You Owe Taxes to the State of Nevada Although Nevada taxpayers can breathe a sigh of relief that they do not owe a state income tax, the Nevada Department of Taxation still collects and administers a number of different taxes. If you are a Nevada taxpayer with a tax … Read more

Can Delinquent Taxes Keep You from Obtaining or Retaining a Passport? Can Delinquent Taxes Keep You from Obtaining or Retaining a Passport? Learn how a new provision signed into law on Dec. 4 prohibits those who are seriously delinquent on their taxes from obtaining or renewing a passport. Phoenix, Arizona Maybe you want to get … Read more