Joseph A. Peterson is a member of Plunkett Cooney's Business Transactions & Planning Practice Group and serves as leader of the firm's Tax Law Practice Group. He has extensive experience with tax law, risk management and litigation.
Mr. Peterson's tax controversy and resolution practice includes audit defense, collections and litigation involving the Internal Revenue Service (IRS) and/or state entities, particularly in Michigan. His expertise includes negotiating to resolve outstanding tax issues by utilizing penalty abatements, lien removal, discharge or subordination, installment agreements and offers in compromise to settle tax balances and provide individuals and businesses with a fresh start with the IRS or state. He also has experience seeking innocent spouse relief for clients. Mr. Peterson also reviews the transcripts for individual and business clients, particularly high-net-worth clients, to prevent additional tax assessments and address future audits.
In addition, Mr. Peterson has extensive experience regarding the Employee Retention Credit Program (ERC). He designs and implements models used to complete ERC calculations in conjunction with full Paycheck Protection Program Forgiveness. The process also involves drafting 941X returns for submission to the IRS. He consults with clients to safeguard against any future ERC audit conducted by the IRS relating to the ERC program.
Representative Client Work
- Successfully argued in U.S. Tax Court that increase to the gross income should instead be categorized as attendant care wages and exempted from gross income for disabled taxpayers in Genesee County
- Successfully argued in U.S. Tax Court to exclude gross income improperly attributed due to identity theft for a retired Detroit Tigers baseball player
- Successfully resolved a $1.5 million tax balance for a business in Van Buren County through the coordination of the sale of properties and a multi-tiered settlement that included an installment agreement and a six-figure first time penalty abatement
- Negotiated the release of an IRS wage levy for a Michigan urologist and coordinated an installment agreement to resolve his remaining tax balance with the IRS
- Secured a $1.4 million Employee Retention Credit for a regional restaurant group with 23 locations
- Appeared before the Michigan Department of Treasury on behalf of an out-of-state oil and gas company to argue the applicability of depreciation as defined in the tax code to the severance of oil and gas assets located in Michigan
- State Bar of Michigan
Areas of Practice
- Wayne State University Law School, J.D., 2015
- Metropolitan State University of Denver, B.S., 2012
- Michigan, 2015
- U.S. Tax Court, 2016
- U.S. District Court, Eastern District of Michigan, 2016
- Cannabiz Law Blog, 12.08.2023
- Don't Bet the Business, 11.15.2023
- Cannabiz Law Blog, 11.08.2023
- Don't Bet the Business, 11.08.2023