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What is a Nondisclosure Agreement?

A Nondisclosure Agreement, commonly called an “NDA,” is a contract between two or more parties that prevents the dissemination of a company’s sensitive information. An NDA is typically entered into

Types of IRS Audits

Receiving notice from the Internal Revenue Service (IRS) that you’ve been selected for an audit can be stressful and overwhelming. However, receiving a notice does not necessarily show any wrongdoing.

Breach of Fiduciary Duty: Self-Dealing

A fiduciary duty is a legal obligation owed by corporate officers, directors, and partners to the company and its shareholders. Several fiduciary duties are imposed on these individuals — including

What’s the Difference Between a Regular IRS Audit and a Targeted Audit?

Everyone dreads the possibility of being audited by the Internal Revenue Service (IRS). While it’s better not to be audited, a marked difference exists between a routine IRS audit and

What are the Fiduciary Duties Owed by Officers and Directors? 

In a corporation, the corporate officers and directors owe many fiduciary duties to the shareholders and the company. This means they legally have to act in the best interests of

What Remote Workers Should Know About Their Tax Obligations

Remote work is a flexible working arrangement where an employee performs their job tasks in an alternative worksite, rather than at a company facility. Remote workers often work from their

IRS Increases Gift and Estate Tax Exclusion: What You Should Know

Many people choose to gift assets to their loved ones while they are still alive so they may see them enjoying the benefits. In 2024, the Internal Revenue Service (IRS)

Will the IRS Use AI in Tax Audits? 

The Internal Revenue Service (IRS) is taking measures to increase tax enforcement for high earners this tax season by implementing the use of artificial intelligence (AI). That’s correct – SkyNet

What’s the Difference Between Schedule 13D and Schedule 13G?

Schedule 13D and Schedule 13G are both beneficial ownership reports filed by anyone who directly or indirectly shares investment power in a company. These Securities and Exchange Commission (SEC) filings