Tax Practitioner’s Duty to Disclose under Circular 230
Circular 230 contains rules governing the recognition of attorneys, certified…
Forming a Tax Exempt Organization
With the current state of the world, charities are needed now more than ever.…
The Law of Suspended Corporations in California
In California, both the Secretary of State's office and the Franchise Tax Board…
IRS Codification of the Economic Substance Doctrine Imposes New Penalties
Taxpayers seeking the tax benefits of a transaction that the IRS deems to have…
Circular 230 - Regulation of Practice Before the IRS
Circular 230 contains rules governing the recognition of tax attorneys,…
Foreign Account Holding Can Come in from the Cold
Are you an owner of a foreign account and have not been reporting to the IRS?…
Allowable Tax Deductions for Business Expenses
As a tax attorney in California with tax season right around the corner,…
Private Letter Rulings from the IRS
An IRS private letter ruling ("PLR") is a ruling by the IRS on a specific tax…
How Bankruptcy Affects Tax Obligations for Individuals and Sole Proprietors
Our capitalist system encourages individuals to take risks. Some prove…