Fairfax, Virginia business lawyer Elden Sodowsky is dedicated to providing current legal information to assist you with your IRS problems and business matters. He helps find solutions to his clients income tax and payroll tax debts and issues. Sodowsky is focused on helping his clients, whether it is setting up a new business or providing needed advice for an already-established company. He continually offers useful and important legal blogs regarding tax and business cases.
Vehicle mileage expenses comprise one of the major expense deductions on many businesses’ tax returns. The US Tax Code and regulations require the expenses claimed be reasonable and necessary for the production of income. In addition, the Code and regulations require the taxpayer substantiate the expenditures by adequate records. The taxpayer can meet the “adequate […]
During the past year many people whose work hours and income were reduced may have been tempted to start trading stocks as a way to make money. With the market going up after the brief downturn at the beginning of the COVID-19 pandemic, making money in the stock market looked like easy pickin’s. How hard […]
In November 2020, the IRS debuted new options designed to help Americans settle back taxes. These options are welcome and important and can help Americans protect their homes and finances. They do not, however, reduce most Americans’ need for the assistance of an IRS attorney. Keep reading now to learn how an IRS attorney in […]