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Here Are Your Articles for Monday, May 07, 2018
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What Is an Offer in Compromise with the IRS?

To resolve IRS debt, should an offer in compromise be the right next step? What are the advantages? Click through to peruse the many factors to consider before attempting to settle with the IRS.

Challenging the IRS's Valuation of Your Company

Experts say that the average business owner grossly underestimates the value of a business. Click through to discover how to anticipate IRS challenges and shoot back with your own valuation data.

Is This Your Situation: Trying to Avoid Penalties for Employee Misclassification

If the difference between exempt and nonexempt employees causes lots of confusion, you're not alone. Both large and small companies can find the dividing line difficult to draw. Click through for tips on understanding the Fair Labor Standards Act.

Is This Your Situation: Worried About the Cost of Long-Term Care

It can be difficult to think about what we need as we age. Although your children may ensure that your physical and emotional needs are being met, they shouldn’t have to worry about the financial implications. Click through to see whether long-term care insurance is an option for you.

The Latest Fraud Problem: Synthetic Identities

The most common form of identity theft these days is synthetic identity theft. If that sounds ominous to you, you're right to be scared. Click through to find out about this new twist on fraud and how to spot it.

Kim & Lee
Kim & Lee, LLP
info@kimleecpas.com
2305 W. 190th St. Suite 100
Torrance, CA 90504
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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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