Whether your business is law, construction, manufacturing, retail, or government contracting, and you require exit planning, asset protection, or a tax planning solution, our business has been "solving clients' problems" since 1977.

Unsettling Real Estate Scams on the Rise

Unsettling Real Estate Scams on the Rise

You’re on the verge of closing on the purchase of a new house when an email comes in from the agent. It includes instructions on how to wire your closing costs just as you anticipated. The timing is correct, and the email seems legitimate, so you don’t question it....

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How a $1 Billion Texas Tax Shelter Blew Apart

How a $1 Billion Texas Tax Shelter Blew Apart

It’s hard to hide one billion dollars from the IRS, as a Dallas attorney allegedly found out recently. The man is accused of creating tax shelters to help high-net-worth clients conceal giant sums of money in income from the IRS. What did he allegedly do? According to...

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Still Waiting for PPP Loan Forgiveness?

Still Waiting for PPP Loan Forgiveness?

As COVID-19 relief for small businesses fades away, about 1 million PPP loans remain unforgiven. Roughly 9% of businesses that received PPP loans haven’t filed for forgiveness. A handful who did were denied or are still awaiting an answer. If you have a PPP...

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Don’t Make Foreign Income Your Dirty Little Secret

Don’t Make Foreign Income Your Dirty Little Secret

Tax Court recently upheld a $300,000 tax bill for a retired professor who followed the advice of embassy officials and his CPA when it came to reporting foreign income. It’s an essential lesson for anyone who has ever lived, worked, or held assets in another country...

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Why Did the IRS Trash 30 Million Paper Returns from 2020?

Why Did the IRS Trash 30 Million Paper Returns from 2020?

Ever been so far behind on paperwork or sorting mail that you were tempted to throw it all away and start fresh? That’s what the IRS did with 30 million business taxpayer documents received in 2020. The agency admits an “inability to process backlogs of paper-filed...

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HP’s Painful Employee Fraud Lesson

HP’s Painful Employee Fraud Lesson

How did a giant tech company lose $5+ million due to one employee’s act of vendor fraud, and how can small businesses learn from their mistake? A former HP, Inc. (HP) employee recently pleaded guilty to defrauding the company out of more than $5 million related to...

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