Tax Blog

Blogs September 29, 2020 The Discharge and Subordination of IRS Liens

If the IRS has filed a lien on your assets, and if you still have equity in those assets, you may want to consider discharging assets from a tax lien or subordinating a tax lien.

Blogs July 10, 2020 Sales and Use Tax – Underpayments and Refunds

This content examines managing sales and use tax expense, with its exemptions, exclusions and differing interpretations and the two conflicting, but equally troubling errors often faced: overpayments and underpayments of tax.

Blogs February 24, 2020 Non-Filers Beware: The IRS May File Your Return for You

A discussion of the IRS and its Automated Substitute for Return (ASFR) program, its process, and why it’s not a great method for filing.

Blogs January 21, 2020 New Jersey Increases Annual Cap on Film Tax Credit

NJ has just increased the annual cap from $75 million to $100 million for the NJ film tax credit program and extended the program’s sunset date to July 2028. An additional benefit allows the carryover of any excess amount of the annual allotment to t…

Blogs January 20, 2020 New Jersey “Exit Tax” – The Truth Behind this Misnomer

Analysis of the often misunderstood New Jersey ‘exit tax.’

Blogs January 17, 2020 Jeopardy Levy: IRS’s Most Dangerous Levy Action?

A discussion of the jeopardy levy, an action the IRS can use when they believe that collection of a tax is in jeopardy, and the appeals options for the taxpayer.

Blogs January 09, 2020 Use Tax: The Snake in the Grass

A discussion of use tax/sales tax, Wayfair, and states’ impact on companies’ returns and filings.

Blogs December 19, 2019 Ins and Outs of IRS Levies

A discussion of the conditions and processes surrounding the IRS levying property or rights to property.

Blogs December 16, 2019 The Intrusive Residency Audit

A discussion of the key planning and preparation needed to minimize the risk of being surprised by a residency audit.