tax credits

2017 tax reform mess – Congress is at it again

[…] I’m not too alarmed. First, this change (IF implemented) will only affect companies that are designated as “a trade or business.” This term has been often used in the current tax law – but never defined! It led to numerous lawsuits against the IRS, with inconsistent results. Basically, it’s grey area […]

Not all tax professionals are!

IRS problems / September 9, 2013 April 24, 2017

[…] Depends on who you hire, as you will see from the recent IRS announcements. The list includes both one-person businesses and large franchise operations. Also, this Hall of Shame includes a tax attorney, a CPA, and even an EA. […]