Account Reconciliation: What What To Do If Your Tax Records Are A Mess

Posted on by Moskowitz LLP Posted in Tax Planning & Compliance, Tax Services
Whether you’re an individual taxpayer, a head of household, or a business owner, keeping accurate tax records is essential. But if you’re like many people, perhaps you’ve let papers pile up, and even the thought of straightening things out fills you with anxiety. Take a breath. Getting back on track...
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Webinar on Estate Planning for Owners of Closely-Held Businesses

Posted on by Moskowitz LLP Posted in Webinar, Estate Planning & Taxation
Wednesday, September 22, 12-1 PM PDT Watch Recorded Webinar Did you know that small, family-owned, or 'closely-held' businesses have special estate planning opportunities? Estate planning for owners of closely-held businesses is designed to avoid unintended consequences. The death of an owner can have significant estate and gift tax consequences that...
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7 Things You Should Do Before Year-End To Reduce Your 2021 Tax Bill

Posted on by Moskowitz LLP Posted in Tax Planning & Compliance
Time to Schedule Your Tax Planning Session Effective tax planning helps businesses achieve their financial goals and plan for their upcoming needs. In fact, it should lower taxable income, reduce tax rates, provide for greater control of when taxes get paid, and maximize deductions and credits whenever possible Now is the...
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Increased IRS Audits and Some Likely Targeted Taxpayer Groups

Posted on by Moskowitz LLP Posted in Tax: Audits, Litigation & Collection
President Biden recently announced that his administration is seeking $80 billion to beef up IRS enforcement. It is hoped that this move will provide the Administration with $700 billion in additional revenue over the next 10 years—paying for national plans like COVID relief and infrastructure improvement. It is also expected...
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