Legacy Tax & Resolution Services

Alabama Bank Levy (Seizure)

Alabama Department of Revenue (DOR) Bank Levy – How to Release and Resolve The Alabama Department of Revenue is very aggressive and very tough to negotiate with. We do not recommend you “go it alone.” An Alabama Department of Revenue bank levy (also known as a bank seizure or bank freeze) is a legal action […]

What to Know About R&D Tax Credits for Dentists

Many dentists have recently been exploring the potential applicability of the R&D Tax Credit to their practices. What is the R&D Tax Credit?The goal of the R&D text credit is to encourage businesses to undertake research and development related activities, either through new or improved processes, products or software. While the R&D tax credit has […]

How the R&D Credit Can Help New Companies Offset Payroll Taxes

The R&D credit was permanently extended as part of the Protecting Americans from Tax Hikes (PATH) Act of 2015. The bill included enhancements starting in 2016, including offsets to the alternative minimum tax and payroll tax for eligible businesses. While the credit used to offset payroll, taxes is based on eligible R&D expenses, it only […]

IRS Just Sent Me a CP 2000- Automatic Adjustment Notice- What Do I Need to Know?

The IRS has a series of audit letters, each has its own level on the stress gauge. Check out the links to learn more: Notice of Audit and Examination Scheduled – Stress level is manageable, but the unknown is probably killing you. IRS CP 2000- Automatic Adjustment Notice—Pretty mellow, usually just missing some items from […]