The latest industry news, IRS changes, commercial lending trends, and Tax Guard updates.
Has your business ever received a large cash payment and you weren’t quite sure what your reporting obligations were for that large payment? Or have you ever wondered what the …
IRS has some reliable calendar resources for commercial lenders and all businesses to plug into at any time of the year. With the dizzying array of timelines for return and …
April 15 was the tax day deadline for most people. If you are due a refund there is no penalty if you file a late tax return. But if you …
…and it’s only going to get worse. Not to be an alarmist here, but it’s safe to say that dealing with the IRS on any level has never really been …
This article was originally published in Commercial Factor and focuses on important trends at the IRS. Knowing these trends you are able to be more proactive with the IRS. A leg is perceived to be …
Hard to believe, but this IRS scam is still taking making its rounds. As incidents of an aggressive telephone scam continue across the country, we at Tax Guard want to …
If you’re a lender trying to determine whether or not a borrower has an outstanding tax liability to the IRS, you likely search public records to detect if any federal …
The Internal Revenue Service today issued a fraud alert for international financial institutions complying with the Foreign Account Tax Compliance Act (FATCA). Scam artists posing as the IRS have fraudulently …
It’s summertime. Warm days, rest and recreation and…tax scams. Thieves don’t stop victimizing unsuspecting taxpayers with their scams after April 15. Identity theft, phone and phishing scams happen year-round. Here’s …
Over our years of dealing with the IRS and working with lenders and small businesses, we’ve come across some common themes of misconception. One of the most prevalent is that …
It’s common knowledge that the IRS is the most powerful collection agency in the land. Their enforcement reach is vast and can choke a business out of existence by levying …
Sometimes trends are short lived (think the entire 80s) and other times trends gradually evolve into an accepted standard. As such, priorities must shift with trends, especially as they become …
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