It all began when the Internal Revenue Service (IRS) notified a relatively small, local business that it would be subject to a federal tax audit. The business cooperated, and the auditor returned findings of serious tax errors. Errors that could result in substantial...
S corporations, C corporations & taxes: What you need to know.
Figuring out the best entity for your business’ success is about more than luck. Business owners are wise to put in some due diligence to figure out the best option to meet their needs. Tax rules that lead to the benefits and risks with each option can change, as was...
DOJ accuses reality T.V. stars of tax fraud
The Department of Justice (DOJ) has continued its crackdown on tax crimes. The agency will review allegations of wrongdoing wherever they may lead—even to Hollywood. In the most recent example, the DOJ recently charged Todd and Julie Chrisley with tax-related...
