IRS Tax Experts Blog

  It can be a zero-sum game in a high-pressure corporate finance environment in 2026 when a large IRS tax debt needs to be managed. Corporate officers will have to resort to found money in their respective supply chains when shoestring credit lines are stretched to the limit. The federal arsenal has 19 U.S.C. SS 1313, often referred to as the Duty Drawback program, which is one of the most neglected secret weapons. Through the recovery of up to 99 percent of duties and taxes charged on imported goods that are further exported, the companies can create liquidity of immediate importance in meeting immediate tax obligations without liquidation of core assets. How does a "Drawback" transform into immediate cash for the IRS? The United States Customs and Border Protection (CBP) and the IRS are part of the same department of the Treasury. Although they are used in different respects, the cash created as a duty drawback is fungible. The use of an IRS tax lawyer from Los Angel...

  Are you facing problems with filing business taxes? Many people find it difficult to understand and execute tax laws every year. We shouldn’t expect an ordinary person to know the complex tax laws. If you are facing a similar problem, this blog will help you. In this post, we will discuss who are business tax experts and the advantages of hiring a business tax expert. If you are already in a problem, you should immediately consult a professional tax expert (including the best tax attorney in Los Angeles ). They have years long experience and can help you deal with tax issues. Read the full write-up to learn more about tax laws and how to file business taxes properly. What Is So Special About Business Tax Experts? Those who don’t know much about business tax experts are well-versed in taxation. Their speciality is business tax law. If you are running a business or planning to do one, you must file a lot of paperwork. Understanding all that is not simple; you need an expert to do t...