corporate tax lawyer wheaton

Taxes and Closing Your Business

By madwire / August 5, 2017

You may be planning to close your business, which means that you have a lot to think about before you can finally call it quits! Don’t forget to the put the IRS on your to-do list, as tax laws dictate that you need to keep the tax agency informed of your decision. Make sure you…

Read More

How to Make a Charitable Donation Count on Taxes

By madwire / July 27, 2017

As many people know, charitable contributions to their community don’t just make a difference—it also provides an opportunity to relieve your tax burden for the year. In fact, this tax benefit is a massive reason why so many donors give; more than two-thirds of donors with a high net worth have said they would decrease…

Read More

Tax Debts and Bankruptcy

By madwire / July 21, 2017

What happens when the taxes you owe to the government are more than you actually have? This can be a tricky situation, and many people who find themselves owing more than they can afford require legal assistance from an IRS tax lawyer. In many situations, the debtor will still need to pay back their tax…

Read More

What Classifies as Tax Fraud over Negligence?

By madwire / July 5, 2017

Believe it or not, the IRS estimates that only about .0022 percent of taxpayers are convicted of tax crime each year. However, they also claim that around 17 percent of all taxpayers make serious mistakes and do not comply with the tax code. On top that, individual taxpayers are the ones who commit 75 percent…

Read More

Should I Hire a Tax Attorney, CPA, or Someone Else?

By madwire / June 22, 2017

You might be well aware of the fact that you require the assistance of a tax professional, but where exactly should you turn? Could an accountant help you better, or are you in need of an IRS tax attorney to help you recover from an audit? Today, we would like to talk to you about…

Read More

Taxes on Prize Money

By madwire / May 31, 2017

It feels pretty good to win money, doesn’t it? Whether you hit it big at a casino, called into the radio at just the right time, or won a sweepstake, you earned a prize you didn’t have before. While winning these things might feel good – or incredible! – keep in mind that these prizes…

Read More

Top Business Tax Audit Triggers

By madwire / May 25, 2017

You can ask any small business owner what they would like to avoid most when it comes to their company, and we are sure most of them would respond with “a tax audit from the IRS.” It’s no wonder why – these audits can lead to disaster and financial ruin if things are handled incorrectly.…

Read More

When and Why You May Need an IRS Tax Attorney

By madwire / May 20, 2017

What can you expect when you have IRS tax issues? Can you handle them on your own, or is it best to hire an attorney to represent you? The IRS is not an agency you want to cross, and unfortunately, everything they deal with is very sensitive when it comes to the consequences. Even the…

Read More

Top Tax Mistakes That Could Get You Into Trouble

By madwire / April 19, 2017

Tax season has officially ended, so you’ve surely gotten everything turned in to be processed! Did you do your taxes correctly? Little mistakes happen all the time, so that does not necessarily mean that the IRS is going to be sending you threatening letters or showing up at your door anytime soon. However, it is…

Read More

How Smart Home Healthcare Agencies Fix IRS Problems

By madwire / March 23, 2016

Hundreds of home healthcare agencies have tons of legal problems. We know that licensing compliance, Medicare and Medicaid audits, and state reimbursements are huge obstacles. Right now, let’s focus on how they avoid IRS tax problems. Two Main Tax Issues with Home Healthcare Providers Payroll Back Taxes Cash is short. On pay day, the owner…

Read More