Offer in Compromise – What You NEED to Know

Posted on by Erin Humbles Posted in State & Local Taxation, Tax And Legal FAQs, Tax Planning & Compliance, Tax: Audits, Litigation & Collection
What Is an Offer in Compromise? An Offer in Compromise (OIC) is a formal IRS or state agency application by a taxpayer to satisfy their tax liability for less than the full amount owed. It’s designed for taxpayers who do not have the resources to pay the full tax debt...
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Build Wealth, Preserve Legacy: Real Estate Tax Strategies with the Tax Law Firm of Moskowitz LLP

Posted on by Erin Humbles Posted in Financial Planning & Wealth Management, State & Local Taxation, Tax Planning & Compliance
Real estate has long been one of the most powerful vehicles for building wealth, creating generational legacies, and reducing tax exposure—when done strategically. At Moskowitz LLP, we represent real estate owners, investors, buyers, and sellers with the purpose of legally reducing their tax burdens while enjoying the long-term value of...
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Unlock the Many Business and Tax Benefits of Boat Ownership with the Tax Law Firm of Moskowitz LLP

Posted on by Erin Humbles Posted in State & Local Taxation, Tax Planning & Compliance, Tax Services
At Moskowitz LLP, we believe in helping clients make the most of their lifestyle investments—and few investments are as rewarding or versatile as owning a boat. Whether you’re considering purchasing a yacht for charter purposes or simply dreaming of a second home on the water, the tax code offers powerful...
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How to Expedite Your Employee Retention Credit [ERC] Refund Before a Possible Presidential Order Ends It

Posted on by Erin Humbles Posted in ERC Faqs
Many businesses that filed legitimate ERC claims are still waiting. The IRS backlog remains monstrous - with vast numbers of claims sitting around, gathering dust, remaining unprocessed. President Trump has promised to cut Two Trillion dollars in federal spending. Will that include an executive order ending ERC? The Department of...
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Navigating ERC Application Challenges: How Moskowitz LLP Can Assist with Pending Claims, Rejections, and Audits

Posted on by Erin Humbles Posted in ERC Faqs
Because of the June 28, 2024, U.S. Supreme Court ruling which overturned the Chevron doctrine, the landscape for interpreting tax laws has shifted. This change could be a tremendous benefit for the position of the taxpayer in how courts address IRS interpretations, especially in complicated cases like those involving the...
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