Latest news with #IRS


Business Upturn
6 hours ago
- Business
- Business Upturn
Legal Tax Defense Announces Expanded Services for Tax Debt Relief
Legal Tax Defense, Inc. Logo LOS ANGELES, July 19, 2025 (GLOBE NEWSWIRE) — Legal Tax Defense, Inc., a trusted name in tax law representation, announces the expansion of its services through the addition of new legal staff, updated client support systems, and specialized offerings addressing ERC audits, and multi-state tax issues. With a team of seasoned tax attorneys and enrolled agents, Legal Tax Defense continues to offer personalized tax debt relief solutions designed to protect clients from aggressive collection actions and financial strain. In recent years, an increasing number of Americans have faced mounting tax debt as a result of economic disruptions and evolving IRS enforcement measures. Legal Tax Defense has responded by hiring additional legal professionals and client service specialists, reducing wait times for initial consultations. The firm also launched a new secure client portal to streamline document submissions and communications, and expanded its availability to include evening and weekend appointments. 'Tax debt can create long-term financial distress for families and business owners alike,' said a spokesperson for Legal Tax Defense. 'Our mission is to offer clear, honest legal representation so that taxpayers understand their rights and are not left navigating the IRS alone.' Legal Tax Defense provides comprehensive legal services that include Offers in Compromise, installment agreements, penalty abatement requests, and audit defense. Clients receive support from licensed professionals who are well-versed in federal and state tax laws, ensuring compliance while pursuing the most favorable outcomes. As part of the expanded services, the firm now offers tailored solutions for emerging tax concerns, including Employee Retention Credit (ERC) audit defense, and support for remote workers facing multi-state filing obligations. These additions reflect the evolving landscape of tax enforcement and the firm's commitment to staying ahead of regulatory changes. All case evaluations begin with a detailed review of each client's financial circumstances to determine the most appropriate path toward resolution. The firm operates with a commitment to confidentiality, transparency, and clear communication throughout the process. With its expanded focus, Legal Tax Defense aims to reach more individuals and businesses across the United States who are in need of reliable tax debt relief . The firm also offers educational resources on its website, helping taxpayers understand their options and avoid common pitfalls when dealing with the IRS. Legal Tax Defense is headquartered in Los Angeles and serves clients nationwide through virtual consultations and secure document handling systems. For more information or to schedule a consultation, visit About Legal Tax Defense, Inc. Legal Tax Defense, Inc. is a Los Angeles-based tax law firm dedicated to helping individuals and businesses resolve complex tax issues with the IRS and state tax agencies. With a team of experienced tax attorneys, enrolled agents, and case specialists, the firm provides comprehensive services including tax debt relief, audit representation, Offers in Compromise, and installment agreements. Legal Tax Defense is committed to transparency, ethical advocacy, and personalized legal strategies that protect clients' financial futures. The firm serves clients nationwide through secure virtual consultations. To learn more, visit . Disclaimer: This press release is intended for informational purposes only. Tax laws vary by jurisdiction, and individuals are advised to consult a licensed tax attorney or professional regarding their specific situation. Media Contact:Sharon Goldstein-ShapiroLegal Tax Defense, Inc.800-804-2769 [email protected]
Yahoo
7 hours ago
- Business
- Yahoo
Legal Tax Defense Announces Expanded Services for Tax Debt Relief
Experienced Tax Attorneys Provide Tailored Support for Individuals and Businesses Facing IRS Challenges Legal Tax Defense, Inc. Logo LOS ANGELES, July 19, 2025 (GLOBE NEWSWIRE) -- Legal Tax Defense, Inc., a trusted name in tax law representation, announces the expansion of its services through the addition of new legal staff, updated client support systems, and specialized offerings addressing ERC audits, and multi-state tax issues. With a team of seasoned tax attorneys and enrolled agents, Legal Tax Defense continues to offer personalized tax debt relief solutions designed to protect clients from aggressive collection actions and financial strain. In recent years, an increasing number of Americans have faced mounting tax debt as a result of economic disruptions and evolving IRS enforcement measures. Legal Tax Defense has responded by hiring additional legal professionals and client service specialists, reducing wait times for initial consultations. The firm also launched a new secure client portal to streamline document submissions and communications, and expanded its availability to include evening and weekend appointments. 'Tax debt can create long-term financial distress for families and business owners alike,' said a spokesperson for Legal Tax Defense. 'Our mission is to offer clear, honest legal representation so that taxpayers understand their rights and are not left navigating the IRS alone.' Legal Tax Defense provides comprehensive legal services that include Offers in Compromise, installment agreements, penalty abatement requests, and audit defense. Clients receive support from licensed professionals who are well-versed in federal and state tax laws, ensuring compliance while pursuing the most favorable outcomes. As part of the expanded services, the firm now offers tailored solutions for emerging tax concerns, including Employee Retention Credit (ERC) audit defense, and support for remote workers facing multi-state filing obligations. These additions reflect the evolving landscape of tax enforcement and the firm's commitment to staying ahead of regulatory changes. All case evaluations begin with a detailed review of each client's financial circumstances to determine the most appropriate path toward resolution. The firm operates with a commitment to confidentiality, transparency, and clear communication throughout the process. With its expanded focus, Legal Tax Defense aims to reach more individuals and businesses across the United States who are in need of reliable tax debt relief. The firm also offers educational resources on its website, helping taxpayers understand their options and avoid common pitfalls when dealing with the IRS. Legal Tax Defense is headquartered in Los Angeles and serves clients nationwide through virtual consultations and secure document handling systems. For more information or to schedule a consultation, visit About Legal Tax Defense, Inc. Legal Tax Defense, Inc. is a Los Angeles-based tax law firm dedicated to helping individuals and businesses resolve complex tax issues with the IRS and state tax agencies. With a team of experienced tax attorneys, enrolled agents, and case specialists, the firm provides comprehensive services including tax debt relief, audit representation, Offers in Compromise, and installment agreements. Legal Tax Defense is committed to transparency, ethical advocacy, and personalized legal strategies that protect clients' financial futures. The firm serves clients nationwide through secure virtual consultations. To learn more, visit This press release is intended for informational purposes only. Tax laws vary by jurisdiction, and individuals are advised to consult a licensed tax attorney or professional regarding their specific situation. Media Contact:Sharon Goldstein-ShapiroLegal Tax Defense, Inc.800-804-2769sharon@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11 hours ago
- Politics
- Yahoo
Don't Degrade Church With Politics
The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here. In a court document filed earlier this month, the Internal Revenue Service quietly revealed a significant break with long-standing practice: Churches will no longer risk their nonprofit status if clergy endorse political candidates from the pulpit. The change stemmed from a lawsuit brought against the agency by evangelical groups that argued that the prior ban on church involvement in political campaigns infringed upon their First Amendment rights. Their victory, though, may turn out to be a Faustian bargain: Churches can now openly involve themselves in elections, but in doing so, they risk becoming de facto political organizations. What may appear to be a triumph over liberalism could in fact be a loss, the supersession of heavenly concerns by earthly ones. Churches have long been divided over the proper role for religion in American politics. One approach has been to militate against the separation of church and state, insofar as that distinction limits what churches can do to exercise power in society. The IRS change, along with several others by the Trump administration, will soften that barrier, allowing churches to take on a much more pronounced role in electoral politics. Another approach has been to operate within the confines of that separation—which has produced some very noble results: a norm of discouraging churches from turning into mere organs of political parties, and an emphasis on forming the conscience of believers rather than providing direct instructions about political participation. A conservative 30 years ago might have preferred that latter approach, or at least said so. Back then, members of the right complained that Black churches frequently gave political endorsements or raised funds for electoral campaigns, and that the IRS neglected to enforce its now-eliminated ban, known as the Johnson Amendment. Yet by 2016, that dynamic had reversed, leading Donald Trump, then still a presidential candidate, to court the coveted right-wing evangelical vote by vowing to destroy the amendment once in office. A number of religious leaders took the implications of that promise and ran with them—an investigation by The Texas Tribune and ProPublica published in 2022 found that plenty of evangelical churches were offering endorsement despite the rule. The hope in paring down the Johnson Amendment is apparently that church endorsements will influence the outcome of elections in the right's favor. [Elizabeth Bruenig: Progressive Christianity's bleak future] But there's little reason to believe that church endorsements will do much in the way of persuasion. American churches have already undergone so much liberal attrition that, in practice, many right-wing evangelical pastors will be instructing their congregations to vote for candidates most members already intend to vote for. To the degree that broadly conservative churches retain some liberal members, endorsing right-wing candidates seems like just the thing to alienate them, which is a loss for those congregations as well as for the faith as a whole. Church intervention in particular electoral races is an efficient polarization machine. For that and other reasons, this policy shift doesn't really offer any benefits to Christians qua Christians. Providing political endorsements makes churches susceptible to powerful campaign tactics: PACs, for example, will have incentives to fund churches that reflect their agendas, meaning that pastors' livelihoods could come to depend on contorting their religious beliefs to suit political interests. Politically active congregants will also have good reason to lobby their pastors for certain endorsements, another source of pressure for church leaders to say that supporting a particular candidate is the will of God. And the practice of offering endorsements prioritizes accepting specific instructions from church leaders over cultivating Christian values and methods of reasoning that allow the faithful to determine which candidates to support for themselves. (Indeed, the Christian religion itself seeks to cultivate those very things for that very reason, rather than providing an itemized list of every behavior to perform and every behavior to avoid.) This is apparently why the United States Conference of Catholic Bishops issued a statement that Catholic clergy will still decline to make political endorsements. 'The Church seeks to help Catholics form their conscience in the Gospel,' the release read, 'so they might discern which candidates and policies would advance the common good.' That is a much more logical way for church leaders to proceed. Dictating which candidates to vote for is at once presumptuous, assuming much more about God's judgment than can rightly be accounted for, and also nihilistic, assuming that churchgoers are so ill-formed in their faith that they can't be trusted to figure out the right answers to these earthly, prudential questions. Granting the imprimatur of the faith to ordinary charlatans—the most common breed of politician—is ill-begotten, and borders on sacrilegious. Article originally published at The Atlantic


Atlantic
17 hours ago
- Politics
- Atlantic
Don't Degrade Church With Politics
In a court document filed earlier this month, the Internal Revenue Service quietly revealed a significant break with long-standing practice: Churches will no longer risk their nonprofit status if clergy endorse political candidates from the pulpit. The change stemmed from a lawsuit brought against the agency by evangelical groups that argued that the prior ban on church involvement in political campaigns infringed upon their First Amendment rights. Their victory, though, may turn out to be a Faustian bargain: Churches can now openly involve themselves in elections, but in doing so, they risk becoming de facto political organizations. What may appear to be a triumph over liberalism could in fact be a loss, the supersession of heavenly concerns by earthly ones. Churches have long been divided over the proper role for religion in American politics. One approach has been to militate against the separation of church and state, insofar as that distinction limits what churches can do to exercise power in society. The IRS change, along with several others by the Trump administration, will soften that barrier, allowing churches to take on a much more pronounced role in electoral politics. Another approach has been to operate within the confines of that separation—which has produced some very noble results: a norm of discouraging churches from turning into mere organs of political parties, and an emphasis on forming the conscience of believers rather than providing direct instructions about political participation. A conservative 30 years ago might have preferred that latter approach, or at least said so. Back then, members of the right complained that Black churches frequently gave political endorsements or raised funds for electoral campaigns, and that the IRS neglected to enforce its now-eliminated ban, known as the Johnson Amendment. Yet by 2016, that dynamic had reversed, leading Donald Trump, then still a presidential candidate, to court the coveted right-wing evangelical vote by vowing to destroy the amendment once in office. A number of religious leaders took the implications of that promise and ran with them— an investigation by The Texas Tribune and ProPublica published in 2022 found that plenty of evangelical churches were offering endorsement despite the rule. The hope in paring down the Johnson Amendment is apparently that church endorsements will influence the outcome of elections in the right's favor. Elizabeth Bruenig: Progressive Christianity's bleak future But there's little reason to believe that church endorsements will do much in the way of persuasion. American churches have already undergone so much liberal attrition that, in practice, many right-wing evangelical pastors will be instructing their congregations to vote for candidates most members already intend to vote for. To the degree that broadly conservative churches retain some liberal members, endorsing right-wing candidates seems like just the thing to alienate them, which is a loss for those congregations as well as for the faith as a whole. Church intervention in particular electoral races is an efficient polarization machine. For that and other reasons, this policy shift doesn't really offer any benefits to Christians qua Christians. Providing political endorsements makes churches susceptible to powerful campaign tactics: PACs, for example, will have incentives to fund churches that reflect their agendas, meaning that pastors' livelihoods could come to depend on contorting their religious beliefs to suit political interests. Politically active congregants will also have good reason to lobby their pastors for certain endorsements, another source of pressure for church leaders to say that supporting a particular candidate is the will of God. And the practice of offering endorsements prioritizes accepting specific instructions from church leaders over cultivating Christian values and methods of reasoning that allow the faithful to determine which candidates to support for themselves. (Indeed, the Christian religion itself seeks to cultivate those very things for that very reason, rather than providing an itemized list of every behavior to perform and every behavior to avoid.) This is apparently why the United States Conference of Catholic Bishops issued a statement that Catholic clergy will still decline to make political endorsements. 'The Church seeks to help Catholics form their conscience in the Gospel,' the release read, 'so they might discern which candidates and policies would advance the common good.' That is a much more logical way for church leaders to proceed. Dictating which candidates to vote for is at once presumptuous, assuming much more about God's judgment than can rightly be accounted for, and also nihilistic, assuming that churchgoers are so ill-formed in their faith that they can't be trusted to figure out the right answers to these earthly, prudential questions. Granting the imprimatur of the faith to ordinary charlatans—the most common breed of politician—is ill-begotten, and borders on sacrilegious.


Indian Express
20 hours ago
- Business
- Indian Express
Stock up 5500% in 5 years – Smallcap company secures LOA from Indian Railways
Smallcap stock, Order win from Indian Railways: MIC Electronics Limited, a battery manufacturing company, has recently secured an order from Indian Railways. MIC Electronics is a smallcap company, having a market capitalisation of Rs 1,321.71 crore, as per NSE. In an exchange filing, MIC Electronics said, 'Company has received a Letter of Acceptance from the Palakkad Division S and T, Railway Divisional Office, Signal and Telecommunication Branch, Palakkad, for Supply, installation, testing and commissioning of IPIS system at Kannur station in connection with the work 'Improvements to Passenger Amenities including improvements to platform, development of Circulating area and Parking & Provision of IRS type Platform shelters of KANNUR Station under Amrit Bharath Station Scheme' with CAMC for 6 years.' The company also stated that the aggregate value of the said work order is Rs 1,28,34,157.90/- Shares of MIC Electronics closed in red on Friday (July 18). The stock settled at Rs 54.84 apiece, down 0.74 per cent. The stock registered a 52-week-high of Rs 114.79 on September 19, 2024. It recorded 52-week-low of Rs 49.50 on April 7, 2025. According to the BSE analytics (as of July 19), shares of MIC Electronics Ltd gave positive returns of 6.85 per cent and 2.15 per cent in the last 1 week and 2 weeks, respectively. Shares of the smallcap company fell 40.42 per cent in the last 1 year. However, in the past 2 years, 3 years, 5 years and 10 years, shares of the company gained 132.99 per cent, 308.74 per cent, 5542.27 per cent, and 138.47 per cent, respectively. MIC Electronics paid dividends of Re 0.40 in 2008 and 2009. In 2007, the company announced dividend of Rs 2. MIC Electronics never issued bonuses for the equity shareholders.