October 14, 2011

Large Corporations Lobby For Tax Holiday

Yesterday, we posted a blog describing a recent IRS investigation into Google’s method of reducing their tax bill by transferring intellectual property assets into overseas entities where […]
October 13, 2011

IRS Scrutinizes Google For Offshore Transactions

It appears that the IRS attack on offshore tax havens may claim another “victim.”  The IRS is now examining how Google was able to avoid federal […]
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 […]
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 […]
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 […]
September 15, 2011

IRS Issues Guidance On Employer Provided Cell Phones

The IRS has recently issued Notice 2011-72 which provides guidance on the tax treatment of cell phones that employers provide to their employees primarily for business purposes.   Section […]
September 14, 2011

Florida Documentary Stamp Tax And Transfers To LLCs

In Florida, documentary stamp tax is generally levied at the rate of $.70 per $100 (or portion thereof) on documents that transfer an interest in real […]
September 12, 2011

Sale Of A Single Member LLC Presents Special Issues For Buyer And Seller

Generally, unless a single-member LLC elects to be treated as a corporation it will be considered a disregarded entity under the IRS check-the-box regulations. Since the […]
September 8, 2011

IRS Debt Settlement: Offer In Compromise

If an individual has a sizable tax debt, minimum assets and income prospects, and can fulfill the right circumstances, the IRS may accept an Offer in […]
July 29, 2011

IRS Announces Webinar On Fresh Start Initiative

Recently, our Tax Blog published a post on the IRS Fresh Start Initiative and the changes that taxpayers can expect in IRS procedure.  Now the IRS has announced the […]
July 21, 2011

IRS Moves Forward With Fresh Start Initiative

Earlier this year, the IRS announced their fresh start initiative, which has been billed as their latest attempt to help struggling taxpayers. These new policies and […]
July 18, 2011

Florida Documentary Stamp Taxes And Transfers Of Real Property

Our sister-blog, the Ourednik Law Offices Estate Planning Blog, recently published a post on Florida’s documentary stamp tax and its economic effect on the conveyance of […]