The Corporate Transparency Act (CTA) was enacted in 2021 and aims to fight illicit activities like tax fraud, money laundering, and financing for terrorism. The Act seeks to capture more ownership information for specific U.S. businesses operating in or accessing the...

Identity theft is an ongoing issue that typically occurs externally of the tax administration system and attacks someone's personal information that has been either lost or stolen. Once the identity is taken, the identity thief will use that victim's information to...

Pohlman Law Group PLC ("PLG") is a proud participating member of LawPact, an association of business law firms located across the globe. LawPact was founded over two decades ago to assist business law firms in providing excellent client service, firm management, and...

From a tax attorney's standpoint, the only thing worse for his or her client than being audited by the Internal Revenue Service is being unable to produce sufficient documentation for an IRS auditor. While no one wants to hoard voluminous files of paper, whether...

A district court has reversed a bankruptcy court decision awarding a debtor's inherited IRA under bankruptcy exemption 11 USC 522(b)(3)(C). Under the bankruptcy exemption 11 USC 522(b)(3)(C), two requirements apply. First, the debtor's amount they want exempted must...

Q: I have been publishing articles for several years but I have not used a copyright notice on any of my published articles. Have I lost all copyright protection because I did not put a copyright notice on the article? A: No. Generally, since 1989, owners of works are...

For over 40 years, the attorneys at Pohlman Law Group PLC have been involved in the drafting, review, enforcement and defense of employment agreements for Employers and executive employees. During that time, the lawyers at PLG have learned the importance of addressing...

Q. What should I expect when I decide to purchase a business concern? A. Because every business is unique, the process of selecting a business to purchase and then properly assessing its value can be time consuming. Assets, liabilities, operations, personnel, physical...