Many businesses will benefit from the Employee Retention Credit (ERC), most will not. We review the credit and some options.

Jason Peckham, Tax Guard’s Vice President of Resolutions, reviews the deferred tax provisions. Can your client make the first payment?

Jason Peckham, Tax Guard’s Vice President of Resolutions, outlines the upcoming lien filing changes at the IRS and how they’ll impact businesses and lenders.

Jason Peckham, Tax Guard’s Vice President of Resolutions, joins Kirk W. McLaren, CEO of Fresight CFO, to dispel some IRS myths.

The federal government’s Paycheck Protection Program had a positive, but short-term effect on federal tax deposits. In late November, the Small Business Administration, under court order, released the complete list of businesses that participated in the PPP loan program.

Part 1 – Deferred Payroll Taxes. In Part 1 of our 3-part COVID-19 response video series, learn how the deferral of federal payroll taxes impacts small businesses and commercial lenders. Part 2 – IRS’s “Peoples First Initiative.” In Part 2 of our 3-part COVID-19 response video series, hear from Jason Peckham, Tax Guard’s VP of […]

Lenders have two forms of exposure when funding a client with a federal tax liability: (1) levy and (2) funding in second position behind a federal tax lien (tortious conversion of assets). Exposure to levy or conversion jeopardizes a lender’s collateral, but it doesn’t have to mean the end of the funding relationship. Levy v. […]

The IRS 45-day rule can be complex and confusing. It can also play out in several scenarios. Check out this informative video that breaks down the basic elements of the rule.

Most asset-based lenders and factors are aware of the 45-Day Rule, but by gaining a deeper understanding you will be better prepared to protect your assets, maintain priority over the IRS, and hold on to your funding relationships.

A federal tax liability, without a proper resolution in place, can easily disrupt a funding relationship. Generally, there are three stages to the resolution process: pending Installment Agreement, Installment Agreement in good standing, and the subordination of federal tax lien. At each stage, your exposure to the Internal Revenue Service (IRS), whether levy and/or tortious […]

We hope this blog will help you cut through the noise and get to the facts regarding IRS changes and the Senate Stimulus Plan. As a commercial lender, these developments will affect your clients (and you).

Lenders frequently ask about the differences between a limited liability company’s (LLC’s) tax consequences and its exposure to liability.