Articles Posted in Federal Taxation

An IRS notice can arrive while a business is expanding, a property sale is pending, or a family is preparing for retirement. The concern is rarely limited to the amount printed on the page. For many business owners and high-income families, the real question is whether the issue will disrupt cash flow, financing, professional reputation,…

A successful business, a growing investment portfolio, or a closely held real estate venture can create an estate planning challenge well before a family expects one. An estate tax attorney helps business owners and high-income families see where wealth transfer, control, liquidity, and tax exposure may overlap, and then builds a plan that holds up…

A letter from the Internal Revenue Service announcing that your return has been selected for a field examination has a way of landing hard—especially when it asks you to schedule an appointment, produce records, or sit down with a revenue agent. A field audit is typically more involved than a correspondence notice or a routine…

Across the communities we serve in Middle Tennessee and Mid-Michigan, a quiet pattern has emerged in the wake of the pandemic-era Employee Retention Credit. The aggressive marketing has gone silent. The pop-up “ERC shops” have closed their websites. And in many cases, the people who sold the credit are now under criminal investigation. The businesses…

Practical governance habits that help prevent tax problems before they grow Headlines about prominent tax cases tend to focus on spectacle: a well-known name, a large dollar amount, and the outcome of a criminal trial. What receives far less attention is the quieter and far more useful question for successful professionals and business owners: what…

What the letters really mean – and how to stay in control before enforcement starts. When a high-income professional or business owner receives a letter from the IRS, the reaction is often immediate and intense — even among sophisticated taxpayers. Physicians, attorneys, real estate investors, and closely held business owners can feel blindsided by a…

By Rick Miller, CPA MBA MIDLAND, Mich – Moving between states is one of the basic freedoms we have as Americans but state individual tax rules can make it a little more challenging. Here is a brief summary of the steps you need to do to prove to Michigan that you’re no longer a resident…

Rick Miller, CPA Nashville, TN, and Midland, MI A sense of dread hung in the air as a couple sat across from my desk, their tax returns spread between us. “Something just feels wrong,” the wife said, her voice tight with anxiety. “Our tax preparer… I don’t think he did this right.” It took only…

Frazier Law TeamNashville, TNJune 13, 2025 As summer unfolds, it’s an opportune time to assess your tax situation and implement strategies to optimize your financial standing before the year’s end. Proactive mid-year tax planning can help you avoid surprises come tax season and potentially reduce your 2025 tax liability. Adjust Your Withholdings Life changes such…

What You Need to Know Recent headlines in Franklin, Tennessee, have brought attention to a Certified Public Accountant (CPA) indicted on charges of wire fraud, money laundering, and tax fraud. These serious allegations highlight how devastating the consequences of financial misconduct can be for both individuals and businesses. At Frazier Law, we understand that news…