A bid protest is a legal challenge to the government’s actions during the procurement phase, including evaluating bids/proposals and the award of a government contract. The how, when, and where of bid protests are controlled by various laws and regulations.
About two or three weeks ago a proposed bipartisan legislation was introduced in the U.S. House of Representatives, proposing to authorize the U.S. Treasury to regulate paid tax return preparers and enforce minimum standards of competency to protect the American tax payer and protect the integrity of the federal tax system.
In this legal thought episode, the attorney gives us a general overview of the Economic Impact Payments and other Tax Benefits available to those Experiencing Homelessness.
The IRS continues to observe criminals using a variety of scams that target honest taxpayers. In some cases, these scams will trick taxpayers into doing something illegal or that ultimately causes them financial harm. In this blog we will discuss about Fake Charities and Immigrant Fraud which are part of the “Dirty Dozen” of tax scams list in 2021.
An overview of the legal rules obligating certain individuals to disclose their foreign bank, financial accounts, and other offshore asset holdings.
Operating a business enterprise with cash can be an IRS audit flag because businesses operating in cash are susceptible to fraudulent financial transactions. However certain business operations handle a lot of cash in their normal operations. These businesses are classified in tax parlance as cash intensive businesses.
As you set out to begin your next public contract, one of your first tasks will be to evaluate the choices in structuring your business. Entity selection is important, as each type of entity carries its own set of legal and tax attributes.
What is the recent USCIS announcement about designating Venezuela Temporary Protected Status about? Who is eligible to apply for Temporary Protective Status under the new Venezuelan TPS designation?