Legal May 10, 2024

Audit Representation: What It’s All About & How to Benefit From It

What Is Audit Representation? Audit representation refers to hiring a qualified professional, such as a tax attorney, certified public accountant (CPA), or enrolled agent, to advocate for a taxpayer during an audit. It is usually conducted by the Internal Revenue Service (IRS).  The representative acts as a liaison between the taxpayer and the auditing authority, […]

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Legal May 6, 2024

Do Retirement Accounts Go Through Probate Court?

IRAs are tax-advantaged retirement accounts designed to help individuals save and grow money for retirement. But what happens to all of your accounts once you pass away? Will it go straight to your beneficiaries, or will it go through probate? In this blog, we’ll answer some of the most pressing questions and concerns about IRAs […]

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Legal April 23, 2024

How Do I Respond to an IRS Deficiency Notice?

This article will explain what you should do if you get a deficiency notice from the IRS, as well as discuss the importance of a statutory notice of deficiency. What Is a Tax Deficiency? A tax deficiency occurs when a taxpayer owes more taxes than originally reported and paid. It can result from unintentional mistakes […]

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Legal April 12, 2024

Amendments to Nevada Corporation & LLC Laws

Last year, the Silver State enacted several major amendments to its limited liability company (LLC) and corporation laws that will significantly impact businesses’ operations. That said, it’s vital for entrepreneurs like you to understand their implications and adapt your strategies accordingly.  This blog will explore the latest amendments to Nevada’s corporation and LLC laws and […]

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Experts March 26, 2024

Powers of Attorney for LLCs: What Is It and When Will You Need One?

Running a limited liability company (LLC) involves various legal responsibilities and decision-making processes. As a business owner, you have the authority to make choices on behalf of your LLC. However, there may be instances where you cannot personally handle these matters due to illness, travel, or a busy schedule. In such cases, a Power of […]

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