Upcoming Events/CLE Seminars
Please join us for the following events and seminars.
Upcoming Events/CLE Seminars
Please join us for the following events and seminars.
Taxpayer Representation SUPER CONFERENCE (October 5-7, 2017)
WHEN: October 5-7, 2017 WHERE: Las Vegas, NV Kevin Murphy
Read moreThe Tax Alliance Conference (June 6-8, 2017)
WHEN: June 6-8, 2017 WHERE: Plano Centre, Dallas Texas Gary
Read moreNACBA Annual Convention (May 4-7, 2017)
WHEN: May 4-7, 2017 WHERE: Walt Disney World’s Dolphin
Read moreTax Issues for Non-Tax Attorneys (CLE Seminar May 25, 2017)
WHEN: May 25, 2017 WHERE: The Jackson Center, Jamestown NY
Read moreIn’s and Outs of Audit and Collection for Accountants (CPE Seminar May 11, 2017)
WHEN: May 11, 2017 WHERE: Hampton Inn & Suites, Jamestown
Read moreLatest News
IRS Flaunts Recent Tax Court Victory in Microcaptive Arena
By: Heather L. Marello, Esq. In a recent press release, IRS is again urging participants in abusive microcaptive insurance arrangements to cease participation in such transactions. This message comes after the Service’s ...
Read moreThe Tax Court Reminds Foreign Corporations of the Disastrous Consequences of Failing to File Forms 1120-F U.S. Income Tax Returns
By: Heather L. Marello, Esq. I.R.C. § 6012(a)(2) imposes an income tax return filing requirement on “every corporation subject to taxation under subtitle A.” The Treasury Regulations clarify that a foreign corporation is ...
Read moreBankruptcy Related Changes Under the CARES Act and the Consolidated Appropriations Act of 2021
By: Daniel F. Brown, Esq. The Consolidated Appropriations Act of 2021 The Consolidated Appropriations Act of 2021 (the “Appropriations Act”) was passed by Congress and became law on December 27th, 2020, and addressed a number ...
Read moreVirtual Currency Coming to an FBAR Near You
By: Michael J. Tedesco With the rapid rise of virtual currency, the IRS and Financial Crimes Enforcement Network (FinCEN) were required to make quick decisions on interpretations of how these virtual currencies should be ...
Read moreEmployers Have Additional Time to Withhold Deferred Social Security Taxes from 2020
By: Michael J. Tedesco The IRS released Notice 2021-11 on January 19, 2021 addressing how employers who elected to defer certain employees’ Social Security taxes (“Applicable Taxes”) can withhold and pay those taxes ...
Read moreFinally Some Good News! — Congress Locks In Full PPP Deductibility
By: Randall P. Andreozzi Congress last night passed COVID-relief legislation that included a much-anticipated provision that allows businesses to deduct qualifying expenses paid with forgiven Paycheck Protection Program (PPP) ...
Read moreSubchapter V Bankruptcy – A potential lifeline for struggling small businesses
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 ...
Read moreIRS People First Initiative Ends Today – What happens now?
By: Derek Wheeler Today, July 15th, the IRS’ People First Initiative will come to an end. Implemented at the end of March as COVID-19 began spreading throughout the United States and large parts of the country began to ...
Read moreHigh Income Non-Filers Beware – Audits Are Coming
By: Heather L. Marello and Kevin M. Murphy During a recent web conference, IRS Large Business and International Division Commissioner Douglas O’Donnell warned that IRS is gearing up to initiate hundreds of non-filer audits ...
Read moreDebt, Bankruptcy and COVID-19
By: Ruth R. Wiseman, Esq. and Melissa A. Brennan On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security Act (“CARES”) Act. The act has created numerous initiatives to help individuals and ...
Read moreWe are a law firm built on Experience, Vision & Trust
Whether you need tax counsel for litigation, representation before the IRS, an advocate in tax controversies, or thorough tax analysis and objective consulting, our attorneys have the experience and obtain lasting solutions.