When you face signs of trouble from the Internal Revenue Service, or if you suspect that you are being examined for possible tax crimes, it may be time to speak with a lawyer who has experience in these matters. Early…
Congress enacted the Tax Cuts and Jobs Act (“TCJA”) in 2018, which created a five-year window for taxpayers to take 100% in first-year bonus depreciation on qualifying property. The Act allows you to deduct 100% in bonus depreciation for any…
In the middle of October, the IRS updated its procedure for issuing guidance using frequently asked questions (FAQs) on any newly passed tax laws. The IRS released a document providing a general overview clarifying taxpayers’ ability to rely on guidance…
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At Thorgood Law Firm in New York, we are IRS attorneys dedicated to bringing legal counsel to taxpayers across the United States.
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