Business
In the Case of a Tax Controversy, Should You Turn to a CPA or a Tax Attorney?
Have you ever received notice from the IRS or the State Tax Commission that there was a problem with one or multiple of your tax returns? If so, who do you turn to in that situation? When it comes to taxes and tax issues many people first think to go to their accountant, however, in…
Read MoreASK TOM: What Entity Should I use for Real Estate Investments?
There are three types of entities that are commonly used to own real estate. These are Limited Liability Companies (LLC), S Corporations (S-Corp) and Trusts. Let’s review what these three entities are, as well as, which one would be best for your real estate investments. Limited Liability Company (LLC) Limited Liability Companies are better for…
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