Choosing your business’s structures is one of the most important decisions you will make when you are starting out. The legal form in which your business will operate, your business structure will have significant implications for how you are able to run your business, generate capital, grow, and in regards to your personal liability exposure….

I am married, should we file jointly or separately? Your selection of filing status could have a significant impact on how much you will pay in taxes.  Even further, selecting a status you do not qualify for could raise red flags and lead to an audit. As such, it is important that you review the…

Am I liable for my spouse’s tax debts? If you are married, filing a joint return may seem like the automatic best option.  After all, filing jointly will generally result in greater tax savings.  What you may not realize, however, is that by filing a joint return, you will be jointly and severally liable for…

The year 2020 was unprecedented in many ways. The persistence of the Covid-19 pandemic upturned so many of our lives and in such profound ways that much of life seems unrecognizable from where we were a year ago. The economy struggled. There were mass layoffs and businesses forced to close. As many Americans struggled with…

Owing an outstanding tax debt to the IRS can be stressful, to stay the least. The letters can arrive continuously and the phone calls may never seem to stop. You may have received an intent to levy notice. You may also be having your wages garnished. If you are going through any of this, then…