WELCOME TO THE MILIKOWSKY TAX LAW BLOG

Providing actionable insights and valuable information to help you navigate the complexity of tax law for your business.

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PPP Loan Forgiveness Status for 2023

As we near the end of 2023, small businesses continue to grapple with the long-lasting effects of the pandemic. The Paycheck Protection Program (PPP), introduced by the U.S. Small Business Administration (SBA), has been a lifeline for many businesses. If your business obtained a PPP loan during these challenging times, it's essential to understand that you may still be eligible for loan forgiveness. In this blog post, we will explore the requirements and provide a step-by-step guide to applying for PPP loan forgiveness in 2023.
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How Much Does a Tax Attorney Cost in 2023?

If you're facing a tax issue, the thought of hiring a tax attorney may have crossed your mind. However, you might be unsure about the cost implications. In this blog post, we'll explore the various ways tax attorneys charge for their services…
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How to Negotiate a Plea Deal in a Criminal Tax Case

Facing a criminal tax investigation is intimidating for even the savviest of business owners. Finding out that your business and personal affairs are being targeted by IRS or another government agency for a criminal investigation is threatening…
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IRS Audit Vs Criminal Investigation: What Business Owners Need to Know

As a business owner, it is essential to understand the difference between an IRS audit and a criminal investigation, as the outcomes of each can have a significant impact on your business. 
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Navigating AB-5: Implications and Solutions for Small Business Owners in California’s Gig Economy

The gig economy has transformed the way we work, creating a workforce of independent contractors who work for businesses on a short-term basis.
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ERC Credits and Your 2023 Tax Filings: A Business Owner’s Guide

ERC Credits and Your 2023 Tax Filings: A Business Owner's Guide
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2023 IRS Dirty Dozen: List of Tax Shelters Identified by IRS

Every year, the Internal Revenue Service (IRS) releases its "Dirty Dozen" list, which comprises the most common tax scams and schemes used by taxpayers to evade taxes. This year is no different, and the IRS has identified twelve tax shelters that it will actively pursue in both criminal and civil audits. 
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Understanding the New IRS Rules for Electric Cars

The use of electric cars is becoming increasingly popular due to its environmentally friendly nature. As a result, the government has put in place new IRS rules aimed at promoting the use of electric cars.
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What to Do If You Receive a Notice of IRS Audit

In this blog post, we’ll discuss what an audit is, why the IRS might audit you, and what you should do if you receive a notice of IRS audit.
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The Consequences of Not Responding to an IRS Audit Notice

Not responding to an IRS audit notice can lead to you losing your rights as a taxpayer.
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Common Myths About IRS Audits and the Truth Behind Them

Despite being a common occurrence, there are many misconceptions about what IRS audits are and how they work. Whether you're a small business owner, freelancer, or a salaried employee, it's important to have a clear understanding of what to expect from an IRS audit so you can approach it with confidence and be prepared to defend your tax return.
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Common Causes of IRS Audits and How to Avoid Them

The Internal Revenue Service (IRS) is responsible for upholding federal tax laws and ensuring that individuals and businesses comply with them