IRS Tax Lien
Part 2 – Can you Buy or Sell a Business Subject to Tax Liens? This is the second article in our upcoming 3-part series on selling a business with tax liens. Federal Tax Liens can disrupt the sale of a business in multiple different ways. Sellers want a top-dollar sale price. Buyers…
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How Do Regular Gamblers Handle IRS? Regular gamblers, gamers, off-track betters and wagers all take losses. No matter whether they file a tax return, get audited, have a tax lien, or try setting up an installment agreement, they usually get a raw deal from IRS about their gambling losses. All gambling losses should be deducted…
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Because we provide businesses, their owners and employees with IRS representation, we receive questions constantly about how to handle small problems. This one came into our Naperville, IL office. Changed from W-2 to 1099? Question: “As an employee, are there any personal legal implications if my employer is classifying me as W-2 for the majority…
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