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Offer In Compromise: Legally Defensible Positions

Discourage litigation. Persuade your neighbors to compromise whenever you can. — Abraham Lincoln Last week we discussed ways to negotiate with the Internal Revenue Service (IRS) during Notice Season. One

Why You Need a Will and an Exit Plan for Your Business

“Death is a very dull, dreary affair, and my advice to you is to have nothing whatsoever to do with it.” – W. Somerset Maugham Prince was a great artist

Age and Treachery Will Outdo Youth and Skill

“Youth is wasted on the young.” — George Bernard Shaw Throughout my career, I have worked with startups. As comes with start-ups, I am always surrounded by the young. I’ve

Home Office Deductions and Legitimacy

“You can work, shop, do everything from home, and I find this unsettling.” — Patrice Leconte, French film director When I first started preparing tax returns there were far fewer

Of Business and Divorce: NY Edition

So sick of saying goodbye again. — Henry Rollins   For the past two weeks, we’ve explored the tell-tale signs that a business is suffering and about to fail due

The Thing Is…I Can’t Pay My Payroll Taxes

The biggest thrill wasn’t in winning on Sunday but in meeting the payroll on Monday. — Art Rooney, Pittsburgh Steelers’ founding owner   Many of you liked last Thursday’s list

Of Business and Divorce: Part II

Ever has it been that love knows not its own depth until the hour of separation. — Kahlil Gibran Last Tuesday we discussed the signs and patterns that your partner

What Happened Is…I Can’t Pay My Taxes

“Render unto Caesar the things that are Caesar’s, and unto God the things that are God’s.” [Matthew 22:21] You can’t pay your taxes. I’m stressing “can’t,” because it’s not to

Of Business and Divorce

My own business always bores me to death; I prefer other people’s — Oscar Wilde Divorce transcends the world of the personal and often intrudes on the business world. The