Receiving a New York State sales tax audit notice can be unsettling for any business owner. You may be wondering why your business was selected, what records the auditor will examine, how much the audit could cost you, and whether…
The IRS does not have an unlimited amount of time to collect any tax debt that you may owe. They are subject to a statute of limitations that acts as a deadline for them to collect from you. They must…
When a calendar year is drawing to a close, you must both look backward and ahead for purposes of tax planning. First, you must take all necessary steps prior to the end of the year to ensure that you can…