Tax Attorney
If You Pay Your Employees Under the Table Here Is What You Need to Know If you are the owner of a business and you are paying your staff cash under the table, what consequences could you face if caught? First of all, you may think that no one will ever find out.…
Read More3 Things to Know If You Get Paid Cash Under the Table Getting paid under the table may seem like a win-win situation. You don’t have to keep track of your income, and even better, you don’t have to report your income to the IRS. If you don’t report your income, then you don’t…
Read MoreIllinois Notice of Proposed Tax Liability – 3 Things You Need To Know Illinois business owners – If you’ve received a Notice of Proposed Tax Liability, you probably have questions. This article briefly answers the three questions you may have after receiving this notice from the Illinois Department of Revenue – Audit…
Read MoreForm 1099-MISC VS Form 1099-NEC 2022 If you are a gig worker or independent contractor, you have probably noticed that you received a different form showing your compensation. Previously, you would receive Form 1099-MISC to show your gig income or compensation. For 2021 income, you will now receive Form 1099-NEC. So what’s…
Read MoreIRS Forgives Innocent Spouse of $62,000 After nearly three years, we won our client’s “impossible” cases against the IRS and the Wisconsin Department of Revenue. Previously from Milwaukee, WI, this client had been unfairly assessed nearly $62,000 of tax, interest, and penalties. The back taxes ranged from years 2007 to 2013. The…
Read MoreWhat happens when frequent gamblers receive huge tax debts from their winnings? Learn more with Business Tax Settlement below. Why Are Gambling Taxes So High? Part of the reason why taxes on gambling is so high is that some states do not allow gambling expenses to be written off as itemized deductions. In that instance,…
Read MoreIf you plan to make charitable donations this year, you can’t afford to miss out on the charity donation tax breaks available to you. Learn more about the new tax incentives you could be eligible for, and contact Tax Law Offices today! Why Should I Care? The IRS confirmed that the government is cracking down…
Read MoreThis might help you, or someone you know. No matter whether you are one of our past clients, you still know people with tax problems. They are all around you. Some never got help. Some already had some tax resolution in the past. Tax resolution is supposed to be permanent. But sometimes tax problems come…
Read MoreThe Most Insane IRS Penalty Against Tax Pros What is an IRS Due Diligence Audit? The IRS expects that some return preparers will cheat the system, in order to create illegally large Earned Income Tax Credit refunds for their clients. Let’s start there. Spoiler Alert: There is no such thing as a return…
Read MoreCollege Students May Still Qualify for Economic Impact Payment The Internal Revenue Service confirmed last week that eligible college students who are self-supporting and who do not need to file a tax return may still receive the Economic Impact Payment (EIP). November 21 is the registration deadline to receive the benefit payment before the end…
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