By: Amanda Wilson When deciding how to form their new business, small business owners are often encouraged to organize as an S corporation because of self-employment tax savings. This recommendation is because the IRS does not recognize that a...

By: Amanda Wilson Last month, the IRS announced that same-sex marriages would be recognized as marriages for federal tax purposes. It is important to recognize that this position extends beyond individual income tax consequences and can impact...

By: Amanda Wilson As a result of the government shutdown, IRS operations are extremely limited and most IRS personnel have been furloughed. During this shutdown, the IRS will not be processing tax refunds. However, taxpayers should not view this...