IRS Examination Representation
A business owner from Northern Idaho operating a factory with disorganized records.
The Problem:
A few years ago, we was retained by a client who found themselves in the crosshairs of an IRS audit.
Achieving Non-Collectible Status for Tax Debt
This client came to me in a state of chaos. He had multiple years of unfiled tax returns and was already under audit by the IRS. The audit had resulted in an inflated tax liability due to incorrect substitute-for-return (SFR) calculations by the IRS.
Resolving a Multi-Year Tax Debt
A small business owner came to my office after months of frustration with a tax attorney and ongoing battles with the IRS. Her tax debt had spiraled out of control due to a now-divorced spouse who, as her business partner, had accumulated debts behind her back. She was devastated and saw me as her last hope.
Year-End Tax Planning: Benefits for You
Year-End Tax Planning: Benefits to Clients Year-end tax planning empowers clients to make the most of available opportunities and secure a stronger financial future. Essential Year-End Tax Strategies for Small Businesses in 2025 Proactive year-end planning positions your business for financial success and helps manage tax liabilities effectively.
Smart Moves to Make Now for IRS Tax Resolution Success in Early 2025
As we approach early 2025, implementing strategic tax moves can significantly enhance your IRS tax resolution success. Consider the following steps: IRS Understanding these changes can help in accurate tax planning. Forbes Investopedia The Wall Street Journal Barron’s The Wall Street Journal By proactively implementing these strategies, you can position yourself for a more favorable […]
Smart Moves to Make Now for IRS Tax Resolution Success in Early 2025
As the year draws to a close, many Idaho residents are thinking about preparing for the upcoming tax season. However, if you have back taxes or unfiled tax returns, this time of year represents a crucial opportunity to get ahead of your tax situation. Idaho, like the IRS, offers pathways to settle back tax debt, […]
Year-End Tax Planning: Benefits for You and the State and IRS
As the year draws to a close, many individuals and business owners start to think about the upcoming holiday season, family gatherings, and wrapping up work projects. But there’s one more crucial task that often gets overlooked—year-end tax planning. Whether you’re an individual taxpayer or a business owner, taking steps now to manage your tax […]
Essential Year-End Tax Strategies for Idaho Small Businesses in 2025
As 2025 approaches, Idaho small business owners have a critical opportunity to review their tax strategies and maximize savings before the year ends. With new federal and state-specific tax regulations, taking a proactive approach can mean the difference between significant tax savings and missed opportunities. From asset expensing and employee benefits to specialized state credits, […]