Income Tax

September 27, 2011

IRS Launches Voluntary Compliance Settlement Program In An Effort To Resolve Past Worker Classification Issues

The IRS has recently announced the launch of its new Voluntary Compliance Settlement Program (VCSP); an effort to enable employers to resolve past worker classification issues by […]
October 7, 2011

It Seems The Federal Government Has Had Enough Of Medical Marijuana

On Wednesday we posted a blog discussing the recent IRS ruling against medical marijuana dispensaries’ ability to take deductions for payroll, expenses, etc.  Now it appears that […]
October 10, 2011

IRS Extends Filing Deadline For Victims Of Natural Disasters

In an effort to provide relief to those impacted by natural disasters last summer, the IRS has announced that taxpayers who submitted extensions to file their income […]
October 11, 2011

Federal Government Prevails Against Tax Shelters

The Justice Department recently declared victory in three different tax shelter cases.  “These three significant decisions are further evidence that the courts will not countenance abusive tax […]