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Taxpayers, the IRS and Cryptocurrency

Did you know that there are now thousands of different cryptocurrencies? The popularity of bitcoin has risen with its value and this has piqued the interest of the IRS.

Know about Tax Debt before Filing for Bankruptcy

There are always issues that accompany the decision to file for bankruptcy such as tax consequences. The debtor must try to satisfy not just the creditors, but often federal and/or state tax collectors.

Establishing Residency or Domicile in California Can Be Taxing

Did you know that a 2020 California FTB guideline states “if you are impacted by the COVID-19 pandemic, it is one of the factors we will consider as we apply the general rules for residency and income sourcing?”

Can Internal Revenue Code Section 1202 Benefit You?

Have you heard about ‘‘qualified small business stock,’’ or QSBS for short, and is found in Section 1202 of the Internal Revenue Code? It allows taxpayers to exclude gain from certain stock.

California FTB Knocking Harder on Business Doors

Are you a business owner with California State Tax debt? Here are some tips when the FTB comes knocking.

Offers in Compromise, The IRS and COVID-19

Do you currently have an offer in compromise deal with the IRS or are you deep in tax debt and want to see if you can qualify for one?

The State of FTB Tax Collections for Individuals

Here are some of the California FTB penalties to look out for and resources that could help you avoid them.

Owning a Business & Owing Taxes in the Present-Day Pandemic

Are you a business owner looking for a tax-debt vaccination? Brotman Law can fix you up.

Now for Some Good News: An Employee Retention Tax Credit

Under the Consolidated Appropriations Act of 2021, the paycheck protection program and employee retention tax credit were expanded. Find out if this benefits to you.

Individual Tax Liability In The Time of COVID-19

Learn about the framework of processes put in place for individuals who owe a tax debt to the IRS during COVID-19.
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What Are Criminal Tax Restitution, Fines and Forfeiture?

It may be hard to believe, but in state and federal criminal tax law cases, the victim is our government.

Tax Implications of the Paycheck Protection Program

Did you know some tax deductions can be claimed on the Paycheck Protection Plan loans?
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