19 03 20
We at Krautkramer & Block understand that COVID-19 (Coronavirus Disease) has forced many in our community to stay home and not travel to avoid being exposed to the virus. We also understand that many of our fellow citizens still have legal and financial problems that cannot wait. During this difficult period, we want you to know that we are still here to help get your legal life in order.
Since many of you are staying home to avoid the risk of infection or to care for others, we have decided to offer for a limited-time: virtual initial consultations. Rather than coming to our law office here in Wausau, you would request a virtual consult with my office. During a telephone or video conference, I would review the facts of your case, answer your questions, determine your options and the costs and benefits of each option, and finally put together a plan for you going-forward.
Read More…Tags: COVID-19, Coronvirus, Virtual Consult, IRS, Tax Planning, Business
31 03 16
In my blog article in August 2015, entitled
Beware of IRS Tax Scams, I talked about callers claiming to be from the IRS. It was such a large problem that the Internal Revenue Service had issued warnings about the practice. Since then, the IRS has issued other alerts about tax scams.
Read More…31 10 15
If you own a business, you know that there a numerous debts and obligations that you need to pay each month. Vendors and suppliers need to be paid, so products are available for your customers. Utilities need to be paid so the lights stay on, and the rent or mortgage needs to be paid so the doors can stay open. When things are going well, paying these liabilities is often not a problem. However, when business slows down it becomes necessary to determine which bills get paid and which creditors have to be postponed. Unfortunately, many of my clients do not know that there are certain types of taxes that business owners can be held personally liable for, even if their business is being operated as a corporation, partnership, or limited liability company. These taxes are referred to as trust fund taxes.
Read More…21 04 15
Given the timing of this inaugural tax blog post, I thought that it would be fitting to discuss tax planning issues that individuals and small businesses should consider now that the April 15th Tax Day has come and gone. So, following the traditions of David Letterman and innumerable other internet sites, I am presenting a numbered list of ideas for you to think about before putting away your tax records for another year.
Read More…Tags: Tax Planning, Tax, Business
