The Families First paid leave obligations are in effect, so it is time for business owners to make some tough decisions. Understanding the unemployment benefits available under the Pandemic Unemployment Assistance program is an important part of the analysis.
Employers want to do what they can for staff, including paying them when they have to be out for no fault of their own. But, how is the company supposed to do that when business is basically shut down? This article focuses on the Employer’s obligations under the Emergency Paid Family & Med Leave Expansion Act and the Emergency Paid Sick Leave Act to provide paid leave to employees affected by the Coronavirus crisis.
This article is meant to help you understand the tax breaks under the CARE Act intended to help your business or non-profit survive the Coronavirus crisis.
Business owners and executives need a clear, concise explanation of how the Coronavirus Stimulus Package affects the company. There are several, overlapping Acts that apply, and new developments emerge daily, but this guide should be enough to start strategizing.
Foreign investors should be aware of the withholding required under FIRPTA and meet with an HLA attorney to discuss the most advantageous business structure for real estate investments.
This is the third and final part of our discussion regarding the use of a 1031 Exchange to defer tax on real estate investments. Used correctly, real estate investors might even defer tax indefinitely—or at least during their lifetime.
The purpose of this article is to provide an overview of the process, which is referred to as “tax controversy,” so you will have an idea of what to expect and can make wise, cost-effective decisions about how to proceed.
If you have managed to land on the IRS’ (or Department of Revenue’s) radar, and the agent is conducting an examination of your return, you are undoubtedly considering your options. This article is intended to give you an idea of what to expect and some of the key considerations along the way.
When we say “tax controversy,” most people think of audits, which is not wrong. However, the process can go beyond just an examination of your return.
So, you’re having trouble keeping your head above water with the mortgage payments on your home. You start to slip behind and find that your home is now being foreclosed. What’s next? You can now expect a Form 1099-C from your bank or lender stating that they are forgiving a portion of your debt that remains unpaid. Great news, right? READ FULL POST