Kickstarting the fight against the ever-growing tax gap will be a federal and national effort IRS Commissioner Charles Rettig recently testified before Congress about the state of the tax gap …

The IRS Form 8821, Tax Information Authorization, is an important tool for many lenders and their tax due diligence process. But misconceptions about Form 8821 can cost a lender a …

After reading our previous blog post, “Five Key Things to Understand About the 45-Day Rule,” you should have a good idea as to how the IRS’s 45-day rule works.  In …

Most factors have heard of the 45-Day Rule, but the intricacies and complexity involved can certainly make it confusing. Given that there are a lot of aspects of the rule …

Funding a business is risky. There are many things to consider, for example, is the company solvent? Does it have a healthy balance sheet? And most importantly, does it have …

Professional employer organizations (PEOs) – sometimes referred to as “employee leasing companies” or “co-employers” – have been in existence in a variety of forms for over 20 years. However, all …

This is the third post in a three-part series on what lenders need to understand about IRS levies to foresee risks and mitigate exposure. Be sure to subscribe to the …

Myth 1: If no federal tax lien has been filed, my collateral is safe. Your collateral can be seized without notice. Many lenders don’t realize that the IRS doesn’t have …

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 …

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 …

Let’s make a deal. You pay me to go knocking on the door of each and every county clerk and recorder in the country to screen your client for liens …