Discover the pros and cons of the Offer in Compromise program through the U.S. vs. Fecondo case, and learn how to manage unresolved tax debt effectively.
Explore the complexities of employment tax law through the case study of United States vs. Fecondo, offering key insights and practical advice for business owners.
Learn about the risks and consequences of paying employees under the table and how to stay compliant with the law to avoid legal trouble.
When a taxpayer owes money to the Internal Revenue Service (IRS), the federal government has a powerful tool to collect that debt: the federal tax lien. This lien can potentially turn into a judgment, extending the IRS's window to collect for decades. Federal tax...
Learn how to avoid common employment tax mistakes and stay compliant with IRS regulations to save time, money, and stress.
Business owners often find themselves completing one task and quickly moving on to another in the day-to-day of staying dynamic and relevant. Hence, it is not surprising that in pursuit of a successful business, receipts, expenses and business activities that would be...
A failure to meet tax deadlines can mean more than a headache, it can mean a hefty financial penalty and possible interest. Depending on the details behind the error, the Internal Revenue Service (IRS) could also attempt to make allegations of criminal wrongdoing....
Worried about the possibility of an employment tax audit for your business? Here are specific areas the IRS may scrutinize closely.
Businesses must meet federal, state, and local tax obligations. These rules and laws are not always easy to navigate. Violations are common and can quickly lead to harsh financial penalties. In some cases, particularly if the taxing authority can establish that there...
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