Disasters can strike at any time, leaving individuals and businesses scrambling to recover. When a federally declared disaster occurs, the IRS provides tax relief, giving affected taxpayers extra time to
John Drivas, the owner of three North Shore restaurants, was sentenced to over a year in prison after admitting to a tax fraud scheme that spanned six years. He avoided
As a business owner, safeguarding client information isn’t just good practice—it’s a legal requirement. The IRS has recently introduced a Written Information Security Plan (WISP) tailored to help tax professionals
As a business owner, cash flow is everything. You need your money working for you—not sitting in the IRS’s bank account. Yet, every year, many C corporations find themselves in
As a business owner, you’ve worked hard to build wealth. But without a plan, high taxes and mismanagement could drain it. A dynasty trust helps secure your legacy for generations
Life happens—illness, business struggles, or just forgetting. But if you have unfiled tax returns, ignoring them won’t make them go away. The IRS will eventually catch up, and the longer
As digital threats grow more sophisticated, safeguarding personal and financial information is not just a necessity for individuals—it’s critical for business owners who often have more at stake. In light
In a move that benefits business owners involved in research and development (R&D) activities, the IRS has extended the transition period for revising claims for the R&D tax credit. This
As a business owner, safeguarding client information isn’t just good practice—it’s a legal requirement. The IRS has recently introduced a Written Information Security Plan (WISP) tailored to help tax professionals
Since the Supreme Court’s landmark 2018 Wayfair decision, businesses of all sizes have faced a more complex sales tax landscape. The ruling allowed states to impose sales tax collection requirements