Small Business Owner: Owe Payroll Taxes? Here’s What to Do. The IRS takes unpaid payroll taxes seriously. These are some of the worst kind of back taxes you can owe. If you’re a small business owner with payroll tax problems, read on to learn what you...

Gucci Brand in Crisis Mode with Back Taxes and Racist Mistake Gucci doesn’t seem to be doing so well lately. One of the most world-renowned Italian fashion brands has been dealing with some pretty heavy stuff, from the Blackface Jumper to their back taxes crisis. A Major...

Cryptocurrency Can Save You Thousands in Taxes The term “cryptocurrency” is short for “cryptographic currency”. It refers to a new type of digital money. Crypto is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer...

Resolutions for Small Businesses in 2019 Have you made your resolutions for 2019? As a businessowner, resolutions can be very different from the typical goals individuals set for themselves. If you’re unsure of what exactly the best course of action for 2019 is for your business...

Data Breaches are Coming… Look out, Cannabis Industry Virtually everyone knows about breaches of companies like Equifax. Massive breaches have happened to established, mega-companies who still took major reputational and monetary hits after they were breached. What many people don’t realize is that it doesn’t take a major...

The Top Five Cannabusiness Tax Myths It's difficult to understand cannabis tax, especially for those trying to figure out the tax obligations of their business. Knowing a business is legal in a particular state, but illegal according to federal law, makes taxes even more confusing. We’re...

Haven’t Filed Taxes in a While? How long has it been? 3 years? More? 10? Some people have never filed taxes. Why not?  “I knew I owed them, and I didn’t want to face the consequences.” “I couldn’t gather all of my records.” “My ex used to do them...

Year-End Tax Savings Strategies Though our firm specializes in helping people resolve their IRS or state back tax problems, we also love saving you money. After all, one of the best ways to avoid getting into tax trouble is to minimize your liabilities. The end of the...

More Recent Tax Cases You’ll Enjoy Reading About (Tax Fraud) If you liked our last stories, these will blow you away. Shirley, N.Y. In our first short story, we’ll introduce Fred Towle Jr., 52. Towle pleaded guilty to endorsing a false return for 2012 that underreported his business...