The IRS rolls out a new automatic process that simplifies penalty relief for many taxpayers.
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IRS penalty relief requires strategy and proactive planning by the owners and operators of closely held businesses.
Michigan considers shift away from property based taxes to taxing luxury services for future school and municipal funding.
Establishing a 501(c)(3) entity with the IRS can be a DIY project but take care to ensure your efforts don’t attract the bureau’s attention, which could result in unnecessary delays and costs.
Taxpayers facing COVID‑era income tax late payment penalties and interest levied by the IRS should consider filing a protective claim under pending case law before July 19 2026.
Now is the time for businesses that paid IEEPA tariffs to seek refunds from U.S. Customs and Border Protection.
Practical employment case settlement language can help attorneys position employees for an advantageous income tax allocation that passes IRS review.
CPAs, bookkeepers and tax attorneys should not treat an accountant subpoena as routine until you've done the privilege analysis under Michigan’s MCL 339.732 and related case law.
Taxpayers wishing to sell real estate or personal property to pay back taxes can us this guide to be better understand how federal tax liens work and how to prepare for as smooth a closing as possible.
Knowledge about IRS civil penalties can go a long way toward lowering the anxiety of taxpayers worried about federal income tax issues.
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Recent Updates
- IRS Simplifies Penalty Relief with New Automatic Process
- Advanced IRS Penalty Relief Strategies for Closely Held Businesses
- What We Know So Far About Michigan’s Proposed Service Tax Backfill Bill HB 5880
- How to Establish a 501(c)(3) with the IRS – A Practical Guide for Founders and Businesses
- What You Need to Know About COVID-Era Penalty Relief After Abdo and Kwong
- Tariff Refunds: What’s Happening Now and How Importers Should Prepare
- Carefully Crafted Employment Settlement Language can Lead to Advantageous Income Tax Allocations
- Understanding Michigan’s Accountant Confidentiality Statute in Practice
- Discharge vs. Release: What Taxpayers Need to Know About IRS Liens
- IRS Civil Penalties – What They are, Why They’re Issued and How Taxpayers can Respond