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  • Intro to Taxation of Art Galleries with Top 13 Audit Pitfalls
    Intro to Taxation of Art Galleries with Top 13 Audit Pitfalls

    The business of art is fertile grounds for the tax professional. Depending on the unique facts, a piece of art can never sell—or sell for millions of dollars. It can change hands once—or multiple ...

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  • Employee v. Independent Contractor: The IRS’ 20-Factor Test Analyzed
    Employee v. Independent Contractor: The IRS’ 20-Factor Test Analyzed

    Employment taxes are expensive. Payroll taxes are expensive. Withholding taxes is an administrative burden. All true. But I remember a wise tax lawyer once saying to a group of us, “if you can’t ...

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  • Sample Tax Audit of an Attorney: Look at these burdensome Demands!
    Sample Tax Audit of an Attorney: Look at these burdensome Demands!

    This blog series focuses on tax audits of attorneys. Why? Because I'm an attorney, and am highly interested in how attorneys wind up in hot water with the IRS. Even though this series focuses on ...

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  • Attorneys: Beware of these Four Income Related Tax-Audit Triggers
    Attorneys: Beware of these Four Income Related Tax-Audit Triggers

    Attorneys practice their craft in a variety of ways. It’s their prerogative to charge clients and collect money as they see fit. They generally use the cash method of accounting, which means they ...

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  • 6 Common Tax Mistakes by Attorneys Relating to Expenses
    6 Common Tax Mistakes by Attorneys Relating to Expenses

    Below is a list of common tax mistakes by attorneys with respect to expense deductions. The blatant misuse of the below expenses could invite an unwanted tax audit. Claiming entertainment expenses ...

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