Articles and News
How to Respond to an IRS Audit Notice
A clear, local guide for Huntsville taxpayers who receive an IRS audit notice, including CP2000 notices, Letter 566, and full examination letters. Learn what the IRS wants, what documents to gather, and how professional representation protects your rights and reduces risk.
Resolving Tax Compliance for Long‑Delayed Estates
This article outlines the key steps to bring an unfiled estate into compliance, focusing on IRS procedures, fiduciary obligations, and penalty mitigation, with citations to relevant legal authority.
Estate Planning: Trusts, Taxes and Basis Step-Ups
Article on how trusts affect estate taxes and basis step-up. Explanation of the trade-offs between estate tax and capital gains taxes.
Summary of the One Big Beautiful Bill’s Tax Provisions
A summary of the One Big Beautiful Bill Act that Trump signed into law on July 4, 2025. This Act includes significant tax provisions impacting individuals and businesses. This bill prevents tax increases on 62% of taxpayers due to the expiration of 2017 tax provisions and provides new tax benefits available to most Americans.
Tax Implications When Selling an S Corporation
Tax issues and the implications for buyers and sellers when selling an S corporation.
Summary of IRS Multinational Tax Rules Past and Present
Summary of IRS Taxation of Worldwide Companies before and after 2017
Alabama Tax Audit Targets
How does the Alabama Department of Revenue choose taxpayers for audit.
IRS Rule on PayPal and Venmo Transactions
New IRS 1099-K Rules on Payment Processor Payments
More IRS Audits
IRS audits have increased in recent months, especially for higher-income taxpayers, corporations, and partnerships.
Implications of New Build Back Better Plan
Summary of the latest Build Back Better Act Tax Provisions and Impact.
Second Round of PPP
The Second Round of Paycheck Protection Program loans is available to help individuals and businesses affected by COVID.
Taxation of Personal Sickness/Injury and/or Disability Lawsuit Settlement Awards
Taxation of Legal Settlements from Personal Injury, Personal Sickness, Disability Insurance Awards
Non-Qualified Stock Options-Private Companies
Taxation of non-qualified stock options of private companies
SBA PPP Loans-Funding and The Self-Employed
COVID-19 SBA Paycheck Protection Loans for the Self-Employed
Coach's IRS Tax Court Win
Coach Saban wins a Tax Court case against the IRS involving a worthless debt on $2 million dollars he had loaned for a real estate construction project.
Taxation of Alimony
Taxation of alimony under Trump’s tax plan and prior tax law with an analysis of divorce and taxation pursuant to Alabama state law.
Tax Reform for Businesses
The recently enacted tax reform bill has made significant changes to the taxation of business. This post summarizes some of the more substantial changes.
Selling Property with Life Estate
Tax treatment upon the sale of property with life estates.