By: Michael March and Matthew Razzano The Internal Revenue Service (“IRS” or the “Service”) aggregates, reviews, and analyzes taxpayer data and determines whether to manually or systematically audit the reported information. When the Service audits multiple taxpayers reported under the same preparer tax identification number (“PTIN”), a tax preparer investigation...
By: Michael March and Curtis Paul The Paycheck Protection Program was a lifeline for small businesses struggling to keep their employees paid during the COVID-19 pandemic. But for business owners who failed to include all applicable employees in their size determination for First Draw and Second Draw PPP Loan applications,...
