New “Guidance” on the Deducting Attorney Fees for Sexual Harassment Cases
March 14, 2019
Due to the #MeToo movement, settlement agreements that require confidentiality have come under attack. Such clauses, some argue, permit a
Category: Tax Law
Properly Planning for an Ohio Business Tax Audit
February 13, 2019
No one enjoys being subjected to a state and local tax (“SALT”) audit (typically sales tax, use tax, or commercial
Update: IRS Upheaval Continues During Government Shutdown
January 16, 2019
As noted in my post on January 9 (available here), the drama of the ongoing government shutdown was not expected
Government Shutdown Will Not Impact the 2019 Tax Filing Season
January 9, 2019
On January 7, 2019, the IRS issued a statement indicating the 2019 tax filing season officially begins on January 28
IRS Continues to Alert Taxpayers to Tax Scams
December 3, 2018
Perpetrators of online fraud continue finding new and innovative methods to steal taxpayer information, siphon money, or corrupt computer systems.
IRS Provides New Guidance on Gift and Estate Exclusion Amounts
November 27, 2018
Despite being enacted into law almost a year ago, the Tax Cuts and Jobs Act of 2017 (“TCJA”) continues to
IRS Notice 2018-76: Transitional Guidance on Expensing Business Meals
October 3, 2018
The Tax Cuts and Jobs Act of 2017 (“TCJA”) continues to create both opportunities and challenges for the tax preparer
IRS Warning to Taxpayers about the Dangers of Scam Calls
October 2, 2018
The Washington Post reported this month about the increased prevalence of scammers and their efforts to extort money by way
IRS Issued Final Regulations on Charitable Deduction Substantiation
August 10, 2018
The IRS issued final guidance regarding taxpayer cash and noncash charitable contribution deductions. The regulations are effective July 30, 2018,
Be Wary of Cryptocurrency Tax Traps
July 27, 2018
Cryptocurrencies (also referred to as “digital currency”) continue to grow in popularity and are becoming mainstream in commerce, perhaps with