The IRS has heightened its review of employers and their claims for the Employee Retention Tax Credit (ERTC), so at the lawyers from Grady Dodson Law want to share some information you need to know about the ERTC for your business in Columbus, OH or anywhere else in the United States.
Latest News in Ohio Tax Law
Reasons Why My Tax Return May Be Audited by the IRS?
At Grady Dodson Law, we provide legal services for individuals, businesses, and more in Columbus, OH, including for those being audited by the IRS. Over the past few years, the IRS has hired hundreds of new Revenue Agents tasked with increasing the number of IRS audits. The IRS views enforcement of tax law to be the key component of the United States tax system.
Highlights From The IRS Crime Desk for Early 2023: Federal Criminal Tax Cases, Tax Evasion Schemes, & More
At Grady Dodson Law, we offer professional and experienced tax representation to clients all across Ohio as well as the rest of the United States concerning a variety of issues and situations, including federal criminal tax cases. As legal tax representatives, it is our duty to serve and also inform our clients about tax laws.
IRS FINALIZES 2023 DIRTY DOZEN LIST OF TAX SCAMS – OHIO TAXPAYERS BEWARE.
At Grady Dodson Law, our knowledgeable lawyers offer the best guidance possible to our clients in Columbus and other Ohio communities, including when it comes to tax scams and schemes you need to avoid. Sadly, tax scams and schemes are always evolving, affecting Ohio taxpayers, businesses, and tax professionals alike.
Update on IRS’s People’s First Initiative- Compliance, Filing & Payment Relief
The IRS issued its People’s First Initiative in March to address the COVID-19 situation and the impact it has had on many U.S. taxpayers. As part of this People’s First Initiative, the IRS extended the compliance dates for many filings, payments, elections and filings until July 15, 2020. The IRS website maintains a complete list of all relief provisions.
IRS Letters 6336 for Micro-Captive- Response Date Extended to June 4, 2020
In late March 2020, the IRS issued Letters 6336 to participants in micro-captive insurance transactions. The participants were identified based upon the disclosure statements (IRS Forms 8886) included within their federal tax returns filings identifying participation in a program. These letters were issued to notify participants of the IRS’s recent successes in challenging the validity of the micro-captive program and requesting that they notify the IRS if participation was terminated.
