Legacy Law Blog

Under new federal legislation, gamblers will feel the sting of additional income taxes beginning in 2026… even if they lose!

Only time will only tell whether ongoing Internal Revenue Service workforce reductions will lead to more efficiencies or more headaches for the nation’s taxpayers.

Give yourself the gifts of professional tax professional support and peace of mind with an IRS monitoring service.

Clocking in at 870 pages, you may appreciate this summary of the individual and business tax implications of President Trump's recently passed Big Beautiful Bill.

What divorcing couples don’t know about income taxes could cost them in the short- and long-term.

Failing to pay federal income tax could result in all of your assets being encumbered by a dreaded IRS Silent Lien.

By levying a Trust Fund Recovery Penalty, the IRS can hold business owners and payroll tax managers responsible for unpaid payroll taxes.

Delinquent taxpayers can get back on track by using one of several available installment agreements offered by the IRS and states.

Conducting a formal business valuation is a critical first step in planning an exit strategy for your family-owned company.

Worrying about an IRS Audit? You’ll get a better night’s sleep after reading this post that dispels common audit myths!