Archive

What Do You Need to Know About the Tax Credits Included in the Families First Coronavirus Response Act (FFCRA)?

By Brian C. Bernhardt As the country navigates the unprecedented-in-modern-times Coronavirus, our government aims to provide tax relief for employers. The new Families First Coronavirus Response Act, which goes into effect April 1, 2020,… Read More

The IRS is Sending out Letters About Cryptocurrencies. What Should I Do if I Get One?

By Brian Bernhardt and Adam Goldblatt Last month, the IRS began sending letters to taxpayers with cryptocurrency transactions who did not properly report a transaction or entirely failed to report the… Read More

10 Easy Steps to Protect Your Business When Extending Credit

As a business lawyer, I am often asked how businesses can best ensure that their customers pay outstanding bills in a timely manner.  For all but the largest businesses, this is more than a… Read More

Forrest Firm Nonprofit Series: A Quick Guide to Nonprofit Governance in North Carolina

By Virginia Pleasants and Brian Bernhardt At the Forrest Firm, we often work with faith-based organizations, certified B Corporations, and mission-driven businesses. The largest segment of these types of businesses are those… Read More

Forrest Firm Nonprofit Series: A Quick Guide to Nonprofit Compliance in North Carolina

By Virginia Pleasants and Brian Bernhardt At the Forrest Firm, we often work with faith-based organizations, certified B Corporations, and mission-driven businesses. The largest segment of these types of businesses are those… Read More

Mind the New Rules Governing Partnership Audits

In coming months, partnerships (and limited liability companies taxed as partnerships) will begin filing tax returns which are, for the first time, subject to the new partnership audit rules Congress established in 2015.  These… Read More