By: Gary P. Bluestein The financial consequences of COVID-19 have been particularly difficult for a large number of American small businesses and with lockdowns accelerating in many states, many of those businesses will be forced to consider a bankruptcy filing. Ironically, legislation enacted by Congress just prior to the COVID-19 pandemic, may have created a much-needed lifeline for many of
By: Gary P. Bluestein Many accountants incorrectly assume that their communications with their tax clients are always privileged and confidential. Unfortunately, sometimes tax cases can cross over into potential criminal exposure for a client, and not knowing the scope and limitations of privilege can be devastating, both to the practitioner and to the client. Although there is limited privilege provided
We are proud to announce that our partner, Gary Bluestein, has received the Walmart Community Playmaker Award. He received this award in honor of his efforts to help the local community, including his immense support and work for the Food Bank of Western New York. Not only did Gary receive an award for all of his compassion and hard work for
By: Gary P. Bluestein, Esq. The general view of most accountants and attorneys we talk to is that tax debt is not dischargeable in Bankruptcy. When we tell them that a tax debt may indeed be dischargeable, people are typically very surprised. While there are many factors that determine whether a tax debt is dischargeable in a bankruptcy filing (primarily
WHEN: June 6-8, 2017 WHERE: Plano Centre, Dallas Texas Gary Bluestein Presenting Topic: Trust Fund Recovery Penalty vs. Criminal Charges Under Section 7202 To Register Visit: http://www.taxalliance.org/register.html
WHEN: May 4-7, 2017 WHERE: Walt Disney World’s Dolphin Hotel Gary Bluestein Presenting Topics: Discharging Taxes in Bankruptcy Advanced: Know the Code, Nuances & Strategies of taxes in Bankruptcy Tax Traps in Bankruptcy To Register Visit: NACBA25 Registration
By: Gary Bluestein, Esq. Federal tax law can impact virtually every area of legal practice. For example, in debtor/credit law, certain property is protected from enforced collection, such as a 401K, IRA or homestead exemption. There is additionally a 10% limitation on wage garnishment. However, none of these exemptions apply to the Internal Revenue Service. Bankruptcy Law also treats tax creditors