The IRS is authorized to make tax assessments, levy fines, and issue penalties, but that doesn’t mean it’s always right. Whether you’re facing an IRS audit or trying to head one off, we can help you resolve tax disputes, controversies, and other procedural matters. Our tax profe...
The Internal Revenue Service (IRS) has six primary ways a business can be classified for tax purposes: sole proprietorship, partnership, C corporation, S corporation, limited liability company (LLC), and nonprofit. Each classification has specific definitions and restrictions that determine how the bu...
CPAs, Enrolled Agents, and Tax Preparers can keep up-to-date with the latest federal tax information while earning NASBA approved CPE credits and IRS approved CE credits by listening to the bi-weekly Federal Tax Updates podcast. The hosts Roger Harris an
THE 2025 BOARD OF DIRECTORS ELECTION PROCESS BEGINS NOW! LEARN MORE Hancock Federal Credit Union offers services to people who live, work, worship, or attend school in Hancock County. FOUR SIGNS THAT IT'S A SCAM ScammersPRETENDto be from an organization you know. ...
In a division opinion, the U.S. Tax Court reestablished the prospect of substantial compliance for taxpayers who claim charitable contribution deductions that require an appraisal. Three partners in a LLC sold property to Arizona’s Maricopa Flood Control District (you may have heard ofMaricopa her...
In December 2023, the Petitioner filed a petition seeking an election to determine whether the firefighters no longer wanted the Union to represent them. The Petitioner asserted that the Union failed to adequately represent the fire‑department employees. To support this assertion, the Petitioner ...
Tennessee: City Council Fires Entire Police Force For Refusing to Extort Citizens For Money Through Ticket Quotas Ethics Complaint Filed Against Rep. Ilhan Omar; Accused Of Immigration, Tax And Student Loan Fraud Albanian Electiongate: Wiretaps Show Collusion Between Soros-Linked Socialist Lea...
[vi] The election is irrevocable. [vii] Adjusted for inflation. See the Protecting Americans from Tax Hikes (PATH) Act of 2015, which was enacted in 2015, as part of the Consolidated Appropriations Act (P.L. 114-113). The premium cap was set at $1.2 million for taxable years beginning...
Answer to: True or False: Publicly-traded companies usually file their financial statements before they file their federal income tax returns. By...
“Federal Helium Reserve No. 2” by the President of the country in 1934, but IACX Energy LLC (IACX) first reported marketable production of helium there in 2013. The company estimated that the helium content was relatively high (about 7–8%), but that the rest of the gas was mostly ...