Frazier Law Legal Blog

DON’T FALL PREY TO OIC MILLS Are you receiving mail from companies promising to fix your tax problems? Did the letter you received to notify you that the IRS has filed a Notice of Federal Tax Lien? Beware because you may be the target of predatory debt relief firms (OIC Mills). In July 2020, the…

The unpredictable can occur at any time: fires, hurricanes, pandemics, floods, earthquakes – you name it. Since September is National Preparedness Month, it’s a good time to consider the following questions about your estate plan to help protect the people and possessions you value most. Disasters and emergencies are inevitable, but we can better position…

The IRS has delayed the nation’s official start of tax season to Friday, February 12, 2021, which is the date the tax agency will begin accepting and processing 2020 tax year returns. Typically, the IRS begins processing tax returns in late January. However, changes to the tax law on December 27, 2020, are prompting the…

Can you imagine a world where a business owner would charge their customers a fee for using their credit or debit cards to buy items at their store? Imagine no more because those days are here and many small businesses are taking the opportunity to charge clients who chose to charge their purchase to their…

What my dad taught me about serving clients and developing my career My dad, like many fathers, played a crucial role in shaping my understanding of developing a successful career. Wrapped throughout these lessons was the importance of serving others and treating clients well. Dad taught me a variety of strategies to instill these values,…

As we celebrate the Army’s birthday, I reflect on how my service with the 3rd Battalion of the 75th Ranger Regiment has profoundly shaped my career as a tax resolution attorney. Our motto, “Rangers Lead the Way,” is not just a call to action—it is a lifelong commitment to leadership, excellence, and integrity; principles that…

Summer officially kicks off this month, and it’s a popular time when taxpayers delve into home improvement projects. Whether it’s extensive renovations, or a “honey-do” list that has been lingering for some time, there may be expenditures that qualify for home energy tax credits. Both homeowners and some renters may be able to claim these…

February is Black History Month, and we’d like to celebrate our founding attorney Charles R. Frazier. Charles has successfully operated a small business in Middle Tennessee and saved his clients across the nation millions of dollars in taxes since 2009. A native of New Jersey, Charles is a proud US military veteran, father, husband and…

In a recent announcement, the Treasury Department and Internal Revenue Service informed businesses that they do not have to report the receipt of digital assets the same way they report the receipt of cash – until Treasury and IRS issue necessary regulations. This is good news for many businesses that engage in digital asset transactions.…

Taxpayers around Tennessee are receiving notices from the Department of Revenue suggesting that they may no longer have an obligation to pay the Tennessee Business Tax. Here’s the facts of the matter: The Tennessee Works Tax Act significantly alters the business tax filing requirements for small businesses in Tennessee. Key points from this notice that…