Archive

Payroll taxes are a hot-button issue for the IRS in Connecticut, New York and elsewhere.  We frequently assist clients who have payroll tax issues, and it might be the number one reason small business clients come to us when seeking help with the IRS or state department of revenue.  When employers fail to pay-over the […]

We handle criminal tax cases for both taxpayers and practitioners, and inevitably it starts with the filing of a false tax return by either a taxpayer, often with help from an unscrupulous tax preparer.  A federal court in Columbia, South Carolina, has permanently barred a Liberty Tax Service franchise owner from preparing federal tax returns […]

We frequently help taxpayers who have been targeted by scammers claiming to be IRS personnel.  An indictment was unsealed charging a total of 61 individuals and entities for their alleged involvement in a transnational criminal organization that has victimized tens of thousands of persons in the United States through fraudulent schemes that have resulted in […]

Employment taxes continue to be a hot button issue with both the IRS and the Department of Justice Tax Division.  We have talked increasingly to accounting groups about the IRS payroll tax initiative, as well as their expanded use of criminal prosecution for those employers who fail to file and pay-over the payroll taxes collected […]

Gov. Dannel Malloy recently signed the first reform to Connecticut’s LLC law since legislators authorized that form of business incorporation in 1993. The Connecticut Uniform Limited Liability Company Act will go into effect July 1, 2017, and will import provisions from the Uniform Law Commission’s model law, the Uniform Limited ­Liability Company Act. Business lawyers […]

The Internal Revenue Service today released a new set of tax gap estimates for tax year 2006. The tax gap is defined as the amount of tax liability faced by taxpayers that is not paid on time. The new tax gap estimate represents the first full update of the report in five years, and it […]