As an accountant, you bear a great responsibility in managing your clients’ financial affairs, and any error on your part could potentially result in legal action. Business insurance is designed to offer your clients peace of mind by protecting them in worst-case scenarios. However, with so many different types of business insurance available, it can […]
What is the Need for Preference Demand Letter IRS?
A Preference Demand Letter IRS is a letter that demands payment of taxes owed by a taxpayer. This letter is sent to creditors of a taxpayer who filed for bankruptcy and made payments to the creditor within 90 days of filing for bankruptcy. In this article, we will explain the need for a Preference Demand […]