Blog posted 1 month ago in
Business Law,
Income Tax,
Taxation
by Joseph M. Callahan
If we were forced to identify a tax which most consistently “falls under the radar,” we would have to select the New York sales tax. With sales tax, we can say that familiarity has certain
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Blog posted 1 month ago in
Business Law,
Commercial Real Estate,
Corporate Taxation,
Real Estate,
Taxation
by Joseph M. Callahan
When a taxpayer conducts a 1031 exchange, one point which should always be kept in mind is that this transaction may generate issues with state level taxation. Though it’s part of the federal ta
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Blog posted 1 month ago in
Business Law,
Corporate Taxation,
Income Tax,
Taxation
by Joseph M. Callahan
The rise of bitcoin and other cryptocurrencies has brought about a whole new set of fascinating taxation issues. Currently, the market value of bitcoin is in the low $8,000 range – as of today i
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Blog posted 1 month ago in
Business Law,
Income Tax,
Tax Audits,
Taxation
by Joseph M. Callahan
For many citizens, receiving an IRS audit ranks among the most terrifying possibilities they can imagine. An IRS audit is undeniably a very stressful ordeal, one which requires a great
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Blog posted 1 month ago in
Business Law,
Corporate Taxation,
Income Tax,
Taxation
by Joseph M. Callahan
As we’ve discussed before, when the IRS considers an offer-in-compromise (or OIC) it will view the amount offered with reference to the taxpayer’s reasonable colle
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