tax liability

March 20, 2020

Recent OTA Ruling Against Former Company Officer Highlights Post-Sale Sales Tax Liability

In a recent case before the Office of Tax Appeals (OTA), a former officer from a business that was sold was appealing the California Department of […]
March 12, 2020

Tax Preparer Sentenced to Prison for Preparing Fraudulent Tax Returns

According to a Department of Justice press release, a former tax preparer from Pennsylvania will serve two years in a federal prison for assisting taxpayers prepare […]
February 21, 2020

Legal Resident vs. Tax Resident

Legal Resident vs. Tax Resident: Page Contents at a Glance   Legal debates over immigration are common in the national news. However, an often overlooked aspect […]
December 23, 2019

How Large is the Federal Tax Gap, and Why Should Noncompliant Taxpayers Be Concerned?

If you follow tax news, business, or politics, you’ve probably heard about the tax gap and ways it could be addressed. For those who are unfamiliar […]
February 8, 2017
Don't get burned by Understating Tax Liabilities and Overstating Refunds

Taxpayers and Tax Preparers Alike Can Be Burned When Understating Tax Liabilities and Overstating Refunds

For at least some taxpayers and tax preparers, their foremost goal is minimizing or eliminating the taxes that they or their clients owe. For taxpayers, this […]
October 5, 2016

What is an Eggshell Tax Audit?

An Eggshell Audit is an audit of a return, either by correspondence audit or office audit or field audit where there have been material statements within […]