by Leif Jensen | Dec 17, 2018 | General |
Surprise the IRS has broad discretion to allocate partial payments of back taxes. It can do so to its own advantage versus your, unless you state how to apply the payments. In a recent tax court case a couple who owed multiple years of income taxes hand-delivered a...
by Leif Jensen | Dec 12, 2018 | General |
I have a client who is older and not happy with their current employer. They initially thought that this was where they would spend their final working years. But alas it would appear that this will not be the case. As part of a protected class, the employer is not...
by Leif Jensen | Dec 11, 2018 | General |
Succession planning for a business seems to be a major issue at the moment. I am working with five that are either in the process or have it as an issue to address in the foreseeable future. All five businesses have at least one adult children working in the...
by Leif Jensen | Dec 10, 2018 | Uncategorized |
After a recent tax court ruling a former country music artist is unhappy over the hobby loss rules after an appeals court disallowed her Schedule C losses from a music venue she owns. Among the factors that helped the court conclude she did not intend to turn a...
by Leif Jensen | Dec 5, 2018 | General |
Annual reports those little pieces of joy that are sent from the Secretary of State’s office every year. This past year we seemed to have dealt with client’s whose “Registered Agent” either themselves or another party, neglected to file the reports and have fallen...
