Comprehensive Tax & Legal Solutions

Month: May 2018

IRS gives more time to challenge wrongful levy

The IRS has announced that the Tax Cuts And Jobs Act of 2017 provides more time for individuals and businesses to bring a civil action for wrongful levy or seizure. In an attempt to satisfy a tax debt, IRS levies permit the legal seizure and subsequent sale of any...

Freelancers May Get A Tax New Break

Tax law’s new 20 percent pass-through deduction may provide a break to the estimated 40 million gig economy workers and freelancers in the U.S. who work as sole proprietorships and partnerships. However, before everyone who fits into this category starts celebrating,...

What if my parent dies without an estate plan?

When you were a child, your parents took care of you, including planning for your future. Now, it is your turn to do that for your parents. This is not always an easy transition for adult children. One of the most difficult aspect having elderly parents is addressing...