Tag Archives for " best Tax Attorney "

IRS Audit Focus Remains on Middle-Class Taxpayers

  • July 23, 2024

A recent report reveals that the IRS audits more middle-class taxpayers than high-income earners, contrary to President Biden's promises.The Audit FindingsThe Treasury Inspector General for Tax Administration

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IRS Warns of New Tax Scams Spread by Social Media

  • June 13, 2024

The Internal Revenue Service cautioned consumers to beware of tax scams spread by social media that prompted thousands of taxpayers to file overblown claims and held up their tax refunds.The scams center

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5 Tax Strategies for Real Estate and Homeownership

  • June 12, 2024

Homes often represent the biggest asset and area of expense for clients, making it crucial for tax professionals like my Tax Problem Solver team to help homeowners unlock savings and income opportunities

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IRS Data Breach Response: Essential Steps for Taxpayers

  • May 15, 2024

Understanding the Littlejohn IRS Data BreachThe Internal Revenue Service (IRS) has notified over 70,000 taxpayers about a significant security breach, originating from the actions of former IRS contractor

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Senior Tax Breaks: Essential Benefits After 50

  • May 15, 2024

Understanding Senior Tax Breaks: A Guide for Ages 50 and OlderDid you know that several tax credits, deductions, and rules are specifically tailored based on your age? For instance, age might determine

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IRS Corporate Jet Audits: Increased Scrutiny on Tax Deductions

  • April 16, 2024

Under the Radar No MoreThe Internal Revenue Service recently announced a campaign to investigate the use of corporate jets by large businesses and wealthy individuals. Although the announcement was made

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2024 Presidential Tax Proposals: Trump vs. Biden

  • April 15, 2024

2024 presents the rare circumstance where it appears likely that both the Democratic and Republican candidates for president have already served in that office. We have already witnessed, therefore, 2024

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Maximize Estate Tax Exemptions Before 2025 Deadline

  • March 15, 2024

Act now to utilize estate tax exemptions before they decrease in 2025. Learn how with the right tax planning strategies.Maximize Your Estate Tax Exemptions Before Time Runs OutWith the Tax Cuts and Jobs

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IRS Targets Nonfilers: Their New Push to Bridge the Tax Gap

  • March 15, 2024

Taxpayers beware: the IRS is renewing efforts to address the rising issue of nonfilers, aiming to recover billions in unfiled tax returns."The Growing Challenge of Nonfilers for the IRSThe Internal Revenue

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Ohtani’s $680M Decision Spurs Deferred Contract Tax Planning Insights

  • February 16, 2024

Shohei Ohtani's groundbreaking $700 million contract with the Los Angeles Dodgers not only sets a new benchmark in professional sports but also introduces complex financial planning and tax considerations.

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