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 of those ways is to enter into an Offer In Compromise (OIC), a...
Blog
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 and apparently was worth an estimated $300 million. An integral part of that came from his publishing company and...
The IRS is coming to get YOU! Notice Season Is Open
“You don’t pay taxes–they take taxes.”–Chris Rock Now that tax season is over, it may be spring time, but the Internal Revenue Service is like the post office, it never sleeps. And like the mob, it wants its money. Now. So, notices are flying. Recently we’ve discussed...
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 advised many young entrepreneurs -- particularly recently -- and they all have the same fire in...
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 professions that warranted a home office. Lawyers, dentists, accountants and many manners...
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 to one or more partners’ shortcomings. If you’re a New Yorker and those signs reached a boiling...
Testimonials
I formerly worked as a satellite employee from my home state of New Jersey. I ended my employment with my former employer in 2016. In 2018, I was sued by my former employer for $1.1 million in Illinois State Court. I was referred to Brinen & Associates, LLC by a friend who is a client of the firm. Brinen & Associates, LLC came highly recommended. I contacted Joshua Brinen and then had a consultation at his office with his colleague Mark White. Together, Messrs. Brinen and White explained my options...