https://vimeo.com/852723027?share=copy What is a representation in a contract? A representation in a contract is a representation or fact that the seller or buyer promises is true, and is an inducement for the other party to enter into the contract. A representation...
An audit by the Internal Revenue Service (IRS) can be a long and cumbersome process — but the Internal Revenue Service audit is only half the battle. Following a federal tax audit, you will need to file an adjustment with New York State. You are required to report any...
Under the Securities Act of 1934, an issuer – a company that is publically traded – must make certain reports to the Securities and Exchange Commission (“SEC”) on a periodic basis. An issuer must file a Form 10-K for annual reports, and a Form 10-Q for quarterly...
The Internal Revenue Service (IRS) imposes penalties on taxpayers who are not compliant with their tax or information filings. Penalties can be imposed for several reasons, including failure to file on time, failure to pay taxes you owe when due, and failure to...
If you have outstanding debt, the IRS may pursue a collection action. A Collection Due Process Hearing — commonly referred to as a “CDP” — is typically a taxpayer’s last opportunity to resolve a controversy with the Internal Revenue Service (IRS) before resorting to...
The Internal Revenue Service (IRS) may levy your assets, seize your property, and issue a federal tax lien if you have unpaid taxes. A Collection Appeal Program (CAP) can be requested by taxpayers to challenge a collection action by the IRS. This procedure provides an...
