IRS Announces Additional Audit Focus

The IRS announced that it its Large Business and International division will continue to look at international tax compliance in taxpayer audits. This is no big surprise as the division has named cross-border taxation as an issue of primary concern each year for almost the past decade.

As such, this announcement serves as a reminder that the IRS is serious about enforcing the international tax laws and that ignorance of the rules will not protect you or your company from a costly audit and, possibly, penalties.

Call or email Chris Wegner today for more information.

P. Christopher Wegner to give presentation on asset protection for business owners

Join Wegner Law PLLC and P. Christopher Wegner, Esq., LL.M., on October 31, 2018, at the Naples Business Accelerator for a discussion on how you can protect your assets for yourself and your family.

Chris will discuss using limited liability companies and corporations for simple, yet extremely effective, asset protection as well as more complex techniques utilizing trusts. He will also explain why most Florida attorneys fail to properly set up single member limited liability companies that will protect their clients from liability. More importantly, Chris will tell you a simple way to avoid or correct this mistake and add extremely effective asset protection for you and your family for next to nothing.

The presentation titled CYA: Covering Your Assets. Modern Asset Protection for Entrepreneurs and Business Owners will start at 12:00pm on Wednesday, October 31, 2018 (Halloween), on the second floor of the Naples Business Accelerator Building located at 3510 Kraft Road, Naples, Florida 34015. There is no need to register; however, you should bring your own lunch to this Brown Bag Lunch at the Accelerator presentation.

For more information or questions, you may call Wegner Law PLLC at 239.449.9200 or email Chris at cwegner@wegnerlawfirm.com.

 

Wegner Law PLLC closes $1.2 million capital raise for client

Wegner Law PLLC helped another client raise funds this week when P. Christopher Wegner closed on a $1.2 million capital raise. Chris has been working with the client for eight months from formation through today and assisted by: (1) drafting the operating agreement; (2) drafting employment agreements; (3) filing paperwork to convert from a Delaware limited liability company to a Delaware corporation; (4) drafting bylaws; (5) drafting shareholders’ agreements; (6) drafting convertible debt instruments for the offering and much more.

The client is currently in discussions to form a joint venture with a publicly traded power house in the client’s industry. Wegner Law PLLC is excited for the client and looks forward to doing many more great things in the future.