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Randolph Law Firm Recent Posts

POSTED ON June 23, 2020
Types of IRS Audits and Possible Outcomes
There are three general types of IRS audits that range in severity and may result in one of three possible[…] ...
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POSTED ON June 16, 2020
Can an S Corp and An Escort Take the 199A Deduction
Yes, shareholders in an S Corp and an escort can take the 199A deduction. However, this is only if they[…] ...
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POSTED ON June 11, 2020
What Happens When You Declare Bankruptcy?
Protection from creditors begins immediately after filing for Chapter 7 or Chapter 13 with an automatic stay. All collec ...
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POSTED ON May 15, 2020
Is Your COVID-19 Stimulus Payment Taxable?
The COVID-19 stimulus payment most individuals recently received is not taxable. The payment is not an advance on future ...
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POSTED ON May 08, 2020
The CARES Act Provides Relief for Bankruptcy Filers
The Coronavirus Aid, Relief and Economic Security Act (CARES Act) provides temporary amendments to the Bankruptcy Code t ...
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POSTED ON April 23, 2020
Tax Relief for Taxpayers Affected by the Coronavirus Pandemic
Taxpayers who owe taxes may have gotten a little bit of a break this year, but it may not be[…] ...
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POSTED ON April 16, 2020
IRS Tax Filing Deadline Extended
A tax attorney can help taxpayers who cannot pay their taxes to explore their options of paying, reducing, or eliminatin ...
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POSTED ON April 09, 2020
Did the COVID-19 Crisis Drive You Bankrupt?
Filing for bankruptcy could be an option for individuals who have found themselves deep in debt because of loss of[…] ...
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POSTED ON March 24, 2020
Did Someone Else Claim Your Child as a Dependent? Get Ready for an Audit
The Internal Revenue Service uses a special set of “tiebreaker” rules to determine which parent has the right to cla ...
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POSTED ON March 17, 2020
Can’t Meet the IRS Filing Deadline?
Taxpayers who cannot meet the IRS filing deadline for their federal tax return can file for an extension that will[…] ...
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