Significant Tax Case Victories and Tax Controversy Case Results

Case Result:  Defended a small business owner in the New York City Glass Business  who was accused of claiming over $100,000 of personal expenses on his corporate return. The client had borrowed corporate funds to help rebuild a home destroyed in the former Yugoslavia territory of Bosnia. The IRS claimed this was not a true loan and wanted it declared as a constructive dividend.  After this office provided proof of the loan documents and relevant research,  the IRS agreed to drop the issue. What could have been over $100,000 in  IRS debt ended up costing the taxpayer approximately $7000.00