Our tax attorneys provide sophisticated tax advice covering such matters as individual income tax planning; complex estate planning; business tax planning; tax compliance; representation during examinations of returns and collection of delinquent tax debts; criminal tax matters; administrative appeals process; tax litigation in state and federal courts; and international tax compliance and enforcement.
Since 1992, Tennessee has required certain professionals - ranging from accountants to landscape architects to veterinarians – to register and pay a $400.00 (originally $200.00) Professional Privilege Tax annually to the state of Tennessee, ostensibly on the grounds...read more
I’m often asked by clients what are the tax consequences of creating a trust or of being the beneficiary of a trust. As the initial assets placed in a trust grow, they produce income and that income is either distributed out to the beneficiary or it is held in the...read more
The much-anticipated filing season for Tax Year 2018 - and the first filing season to reflect the sweeping changes under the 2017 Tax Cuts and Jobs Act - opened on Monday (January 28). For tax professionals and taxpayers alike, there are a lot of questions that will...read more
The IRS recently published Revenue Procedure 2019-09, which is the Service’s annual pronouncement identifying the circumstances under which a disclosure on a taxpayer’s income tax return will be deemed sufficient for purposes of reducing an understatement of income...read more
Government Shutdown More than three weeks into what is now the longest government shutdown on record, the IRS published its updated FY 2019 Lapsed Appropriations Contingency Plan last week to cover the Tax Year 2018 Filing Season. In this updated...read more