No Change Determination In IRS Audit Of Miniature Horse Business: We were hired to represent the owner of a miniature horse business during an IRS audit. The IRS took the position that the operation was a hobby rather than a business and that a large refund, claimed by the taxpayer, […]
Advised Corporate Executives Regarding Tax Efficient Compensation Packages And Tax Efficient Exercise Of Options :We have helped executive level employees at public and privately held companies obtain the most tax efficient compensation packages possible and exercise options in the most tax efficient manner possible. Advised Technology Company Founders On Most […]
Established Comprehensive Trust, Estate And Asset Protection Strategies For A Software Company Founder Following Liquidity Event: A software company founder sold half of his company to a private equity firm for an eight-figure sum. We outlined for the founder a variety of strategies to protect assets from creditors and minimize […]
Our client, a prominent attorney in his city, had been the target of a very aggressive IRS criminal tax investigation for a number of years, and hired us after the investigation had been completed, IRS supervisors and attorneys had approved the case for prosecution, and the matter had been forwarded […]
Federal Fraud Charges Dismissed Against Attorney/Entrepreneur. Jury Acquits Of State Fraud Charges: We were hired to represent a licensed attorney turned entrepreneur in a federal fraud investigation. The right team of experts and a diligent, proactive approach paid off, and we persuaded federal prosecutors to dismiss the case. State prosecutors […]
If the Internal Revenue Service (IRS) is going to contact you, odds are high it will be in the form of a letter. The IRS may contact you for a number of reasons, but some of the more common include a tax balance that remains unpaid, a change to a refund amount, […]
It is not every day a taxpayer can claim a major victory in a fight against the Internal Revenue Service (IRS). A man from Texas can make such a claim. The man took on the government in a battle over foreign accounts. The government has come down hard on those […]
The Internal Revenue Service (IRS) recently announced the impending end of the Offshore Voluntary Disclosure Program), scheduled to end September 28, 2018. Generally, the type of people that need to report these assets can be categorized into one of three groups: Unimpacted. The Internal Revenue Service (IRS) has reporting requirements, including […]
The Internal Revenue Service (IRS) recently published a tax filing reminder to United States citizens and resident aliens living abroad. Although the tax filing was originally due on April 18, the IRS allows an extension through June 15 in one of two situations. The first applies for those who have their […]
Tax preparation professionals must keep their clients happy while staying within the bounds of the law. This is not always an easy balance. However, a failure to manage this balance can result in allegations of criminal wrongdoing. Two specific allegations a tax preparer must avoid are those of enabling the commission of […]