by Wiggam & Geer | Sep 29, 2020
Missed Estimates Can Lead to Steep Penalties, Particularly for Attorneys Attorneys, particularly sole practitioners who tend to have uneven monthly income as well as partners and firm owners who receive draws instead of or above regular salaries, often must pay...
by Wiggam & Geer | Sep 29, 2020
The IRS has revealed its annual “Dirty Dozen” list of tax scams, and as might be expected the 2020 top 12 include coronavirus-related schemes. These range from stealing economic impact payments (EIPs) to enticing taxpayers to donate to fake coronavirus related...
by Wiggam & Geer | Aug 26, 2020
Attorneys Can Face Stiff Penalties for Failure to Pay and File Payroll Tax Returns Law firms are subject to the same payroll tax laws and guidelines as other businesses, along with the same penalties for willfully or unwilfully following those laws. Unlike other...
by Wiggam & Geer | Aug 26, 2020
Syndicated Conservation Easements: IRS Offers Settlements While Warning of Continued Pursuit The IRS continues its crackdown on syndicated conservation easements. On June 25, the agency issued a limited-time settlement offer to taxpayers who are already in litigation...
by Wiggam & Geer | Jul 2, 2020
Wiggam & Geer is proud to announce that Judson Mallory has been promoted to partner. Mallory, who most recently served as a senior attorney with the firm, represents individuals and businesses in IRS and state tax matters. During his years with the firm, he has...
by Wiggam & Geer | Jun 15, 2020
This article was featured on page 14 of The Family Law Review. Read it here. Tax problems are more common than you may think. Currently, there are about 26 million taxpayers facing a federal or state tax issue. These taxpayers are not criminals; they are regular...
