The Senate recently passed a bipartisan infrastructure bill that includes a disaster tax relief provision and addressed issues in filing deadlines for taxpayers taking disputes to the Tax Court. However, while these new provisions are a start...
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While the accounting industry continuously changes, there is plenty of expert insight that has remained relevant through the years, and the lessons that many professionals learned decades ago can guide young accountants in their practice today...
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Fineman West is pleased to announce the addition of Business Management Account Manager Roger Ramos and Tax Manager Kenny Tse to its growing team. Ramos manages the day-to-day business management of high-net-worth entertainment clients, including...
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The Internal Revenue Service (IRS) is hiring thousands of new auditors as it gears up for a potentially massive tax-enforcement push if Congress passes an infrastructure plan that includes $40 billion to expand audits on the wealthy. What does...
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The Bookstein Low Income Taxpayer Clinic at California State University, Northridge (“CSUN”), provides free representation to low-income taxpayers facing tax disputes with the IRS. In an article by CSUN, Partner Steven L. Jager was featured for...
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You cannot control or predict the ebbs and flows of the economy, but you can take control of your financials – both surviving economic bumps in the road and thriving through them. In fact, navigating turbulent times can also lead to making smart...
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The bar-sponsored calendar call program, established by the Tax Court, helps those Petitioners who are representing themselves to get some assistance from the various Low Income Tax Clinics (LITCs) across the country to receive assistance from...
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Every successful entrepreneur remembers the day — probably the moment — that the lightbulb switched on and the business gears in their head started turning. It was the realization that a passion could be turned into a profitable business, or a...
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The increase of social media influencers could present taxpayers, practitioners and the IRS with opportunities to apply long standing tax rules in a variety of new situations. With platforms like YouTube and Instagram allowing people to collect...
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The Employee Retention Tax Credit (ERTC) is a credit that eligible businesses can claim on qualified wages. The IRS recently extended the deadline through Dec. 31, 2021 and expanded who is eligible to claim the credit. Learn more about taking...
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As the world emerges from COVID and returns to a more normal environment, tax practitioners are facing an increase in compliance efforts and controversies not only in the U.S., but globally. In an interview with Accounting Today, Fineman West...
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Real estate investments often show taxable losses, even though they have positive cash flows. In his RE Business Online article, “How Real Estate Investors Can Benefit From Losses, Exclude Gains,” Principal Jeffrey Dunn examines the different...
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