New York City Debt Collection Defense & tax Attorney

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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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  • Bonus Depreciation of Business Assets: 7 Hot Questions in 2021
    Bonus Depreciation of Business Assets: 7 Hot Questions in 2021

    1) First of all, what is bonus depreciation? Designed to stimulate investment in business property (not land or buildings), the Internal Revenue Code, under the Tax Cuts and Jobs Act of 2017 (TCJA), ...

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  • Taxation of Lawsuit Recoveries: 10 Points of Law
    Taxation of Lawsuit Recoveries: 10 Points of Law

    The same tax rules apply whether the award is made by settlement (before or after lawsuit) or awarded through a judgment. But the parties can influence taxation by inserting pivotal facts in a ...

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  • Tax Court Filing Deadlines are Not Extendable
    Tax Court Filing Deadlines are Not Extendable

    Tax law is harsh when it comes to most filing deadlines, which are considered jurisdictional and not subject to equitable tolling. Even one day late, regardless of the harshness of result, will block ...

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  • Is your Tax Accountant Covered under the Attorney-Client Privilege?
    Is your Tax Accountant Covered under the Attorney-Client Privilege?

    Under the tax code, the confidentiality privilege only applies in non-criminal tax matters. But United States v. Kovel (2nd Cir. 1961) stepped in to extend the attorney-client privilege to cover ...

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