by Longman & Van Grack, LLC | Mar 5, 2025 | Business & Civil Litigation, Business & Corporate Issues, Business Law, Commercial Litigation, Uncategorized
If you wondered why your tech stocks dipped recently, the answer is DeepSeek, a Chinese AI company that unveiled its R1 model and in the process has upended conventional thinking about how advanced AI models are built and deployed. What exactly is DeepSeek? I asked...
by Longman & Van Grack, LLC | Jan 24, 2025 | Blog, Business Law, Securities and Corporate Law, Tax Planning
The Corporate Transparency Act is a law that was passed to address ownership transparency, and it became effective January 1, 2024. The Corporate Transparency Act requires a business to file a a Beneficial Ownership Information Report (BOIR) to report beneficial...
by Longman & Van Grack, LLC | Dec 27, 2024 | Business & Corporate Issues
The Corporate Transparency Act is a law that was passed to address ownership transparency, and it became effective January 1, 2024. The Corporate Transparency Act requires a business that has filed paperwork with their Secretary of State or other Corporation...
by Longman & Van Grack, LLC | Jun 28, 2024 | Business & Corporate Issues, Business Law, Tax Controversy, Tax Planning
While the Internal Revenue Service (“IRS”) is continuing to process thousands of the Employee Retention Credits (“ERC”), the IRS has recently announced that it will begin to deny the highest risk claims while processing the lower risk claims....
by Longman & Van Grack, LLC | Mar 1, 2024 | Blog, Business & Corporate Issues, Tax Controversy, Tax Planning
The IRS has launched a new initiative targeting high-income individuals who have not filed tax returns since tax year 2017. This IRS initiative is being funded by the Inflation Reduction Act. Currently, there are 125,000 taxpayers in the purview of the IRS (25,000...