The latest industry news, IRS changes, commercial lending trends, and Tax Guard updates.
All commercial lenders, regardless of the type of financing offered, have some mix of due diligence in their credit decision process. Whether it’s a function of the pre-closing evaluation or …
The IRS and the Treasury Inspector General for Taxpayer Administration (TIGTA) are continuing to warn taxpayers of the ongoing phone scam that has netted over an astounding $1 million. While …
The tax filing season is well underway for 2014, which means it’s time for the IRS’ annual release of their “Dirty Dozen” tax scams. This list is a collection of …
This article was originally published in the January/February edition of Commercial Factor and focuses on subordinations of federal tax liens and if they are necessary. Seat belts save lives – but you have to use them. …
In a previous blog post we looked at the Notice of Federal Tax Lien as a historical artifact. But we might also say that it is an endangered species. According …
Whether we like it or not, the world can be a serious place. With all the talk of foreign affairs, political wrangling, or in Tax Guard’s world, the mighty IRS …
According to a 70-page IRS compliance study on sole proprietors, the IRS with the help of an outside research company, was able to determine which type of business would be …
If you’ve ever purchased a home, you may remember that in the middle of that long, tedious closing one momentous and yet concise document was suddenly pushed before you. There …
On October 25, Tax Guard’s Jason Peckham, Esq. provided an educational seminar at the IFA Small Factors meeting in Las Vegas, NV, to discuss these misconceptions and provide guidance on …
For lenders, gathering and verifying tax compliance data can be a time-consuming and imperfect endeavor. Most importantly, this due diligence undertaking may not even produce a complete tax risk snapshot …
Last week, Tax Guard teamed up with the International Factoring Association to present an educational webinar on the important steps the IRS must take in order to enforce collections. The …
A recent article from CNBC reveals the uncertainty brewing around a new IRS proposal that involves non-resident bank accounts (NRA’s). The IRS rule is raising some eye brows among South …
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