Can Do: Being smart about tax season with E. Martin Davidoff
We are now in the height of tax season. This generally brings up important questions for individuals and businesses alike. What if you owe money to the IRS? What happens if you get audited? What things are deductible?
For the last two years, taxpayers have also had to grapple with Covid-19 related tax issues. How should you treat government-issued Covid-19 payments? What about if you have to take time off of work because of the coronavirus? The pandemic has also caused many people to change their line of work, making tax season even more complicated.
To address these queries and much more, we are joined today on Can Do by attorney and accounting expert E. Martin Davidoff. Marty is a partner in the 500-person global accounting and consulting firm Prager Metis. Over his 40-year career, Marty has specialized in IRS and state tax controversy resolution. He also works extensively with business start-ups, providing tax planning advice for companies and employees. He has been recognized by Accounting Today as one of the 100 most influential people in accounting. Marty holds a BS degree from MIT, an MBA from Boston University and a law degree from the Washington University School of Law.