Receiving a notice from the Internal Revenue Service (IRS) that you’re being audited can be an alarming experience, triggering anxiety and uncertainty. However, it’s crucial to approach this situation with a level head and take the necessary steps to ensure a smooth resolution. In this article, we’ll guide you through the key actions you should […]
Widerman Malek Law Blog
Exploring Legal Counsel Options for Businesses: In-House vs. Outside General Counsel
The decision to engage legal counsel is a critical choice for businesses, and options extend beyond the binary choice of in-house counsel and outside general counsel. In-house counsel refers to legal professionals employed directly by a company, offering dedicated legal support and an intimate understanding of the organization’s inner workings. Conversely, outside general counsel entails […]
5 Reasons Why You Should Have a Tax Attorney Review Your IRS Notices
Receiving a notice from the Internal Revenue Service (IRS) can be a source of stress and confusion for individuals and businesses. These notices, often filled with complex language and intricate legal details, can have significant implications for your financial well-being. That’s where a tax attorney comes in. Enlisting the expertise of a tax attorney to […]
Joseph Biden’s Tax Proposals and Potential Financial Impacts for Taxpayers
Our Widerman Malek team is focused on explaining issues pertaining to tax, bankruptcy, wealth transfer and preservation, as well as trusts and estates in plain language. Today, the focus is on President-elect Biden’s tax proposals and the potential comprehensive changes. Given the possible impacts, we are urging our clients and friends to contact us now. […]
Is Your Commercial Property Value Appraised too High by Your Local Property Appraiser?
August is approaching, and along with everything else that is currently impacting our lives, that means your local property appraiser will be mailing out proposed property taxes (TRIM Notice). Last year, I wrote an article about the process for challenging the property value appraisal of your property before the Value Adjustment Board. Last month, the […]
IRS Provides Tax Relief for Qualified Opportunity Zone Investors
More Time to Reinvest Capital Gains for Deferral or Exclusion In December 2017, Congress enacted the Tax Cuts and Jobs Act (the “Act”). The Act added Qualified Opportunity Zones (26 USC § 1400Z-1, et. seq.). Congress enacted QOZs to foster investment in an economically distressed area to spur further investment in those areas and job […]
Why That Property You Bought at the Tax Deed Sale May Land You in Court
By Charles P. Castellon, Esq. 2017 © All rights reserved. Recognizing the adage that “you make money when you buy,” all real estate investors look for bargains. A popular place to buy low is the tax deed auction. Many investors specialize in this area or include tax deeds among other acquisition strategies. The main drawback, […]
