So, the other day I had a call with one of my clients, and we were going over the amount he owes to the IRS. We dug into what the tax was, what the interest was, and what kind of penalties he had. And it wasn’t long before he discovered that the amount he owed…
On this episode of Ask The Tax Attorney, our guest, Marlene Markowitz, shares her experience as a business owner, specifically as an immigration and trademark lawyer. The conversation covers various topics, including the need for immigration attorneys, the benefits of social media for businesses, and the importance of double-checking important documents. Listeners will also hear…
On this episode of Ask The Tax Attorney, we dive into the world of entrepreneurship and how to protect your business. Our guest speaker, Mari Ribeiro, shares her personal story of becoming an entrepreneur after getting laid off from her job as an attorney. We discuss the importance of having a clear vision for your…
On this episode of Ask The Tax Attorney, our featured guest, Byron Longworth, shares his journey from being an associate attorney to starting his own practice in Tampa. He discuss some of the challenges he faced, including the passing of their mother, and how he overcame them. Listeners can expect to learn about the unique…
Today’s episode of “Ask the Tax Attorney” is a must-listen for business owners struggling with IRS issues. Our host, Claudia Moncarz, shares valuable advice and a powerful framework to overcome anxiety and guilt surrounding tax debts. The first step in the “free framework” is to forgive oneself for mistakes made as a business owner. Next,…
The Ask the Tax Attorney podcast is a show dedicated to helping business owners and individuals navigate the complex world of business and taxes. Hosted by Claudia Moncarz, a tax attorney with over 20 years of experience, the podcast covers a wide range of business and tax-related topics. With a focus on providing expert advice…
Damian Barrett, a Florida tax preparer, was convicted of filing 745 false tax returns in 19 states. Barrett owned two tax preparation companies. He used one to file legitimate returns and the other to file false returns. From 2015 to 2018 Barrett filed 348 false returns in the state of Oregon alone, requesting more than…
Okay, the New Year is closing in fast, so I wanted to pen a quick reminder about what HAS to be done before the 31st… Charitable donations. Individuals who itemize their deductions can receive a current-year tax deduction for cash donations. In other cases, such as stock donations or gifts to foundations, they are still…
The bookkeeper for a family-owned tree nursery in North Carolina pleaded guilty to embezzling more than one million dollars over a six-year period. Richard Clark began working for the nursery in 2003, and in 2013 started writing checks to himself from the company. He covered his tracks by altering the check descriptions in Quickbooks. In…
Before the New Year gets here, I want to ask you to think about sharing some money truths with your family. NOT the ones your parents told you, in most cases, but the ones that really are true. You see, as a tax professional, I see the same old (bad) money habits being transferred from…