The Basics of a Parallel Criminal Investigation by the IRS
The Internal Revenue Service (IRS) has the right to audit a taxpayer’s finances at any time and if they suspect evidence of criminal activity, they can open up a parallel criminal investigation. The process of an IRS parallel criminal investigation is daunting for anyone involved and there are serious potential consequences you should be aware […]
LLC Partnerships and Form 1099: Everything You Need to Know
Key Takeaways: Your business structure informs how you do a multitude of tax-related tasks. Sole proprietors generally have the smallest paperwork burden, since they report everything on their personal tax return. The same goes for most single-member limited liability companies (LLCs), though both of these simple entities have to pay self-employment taxes. Things get more […]
