When I reached out to Ted Forman about speaking at our June 2023, Litigation update event, he said that he wanted to cover Covid Employee Retention Credits (ERC). I knew law firms were involved in helping employers with filing returns that included rebate claims under the ERC program, but I didn’t understand why anyone was hiring a lawyer to assist with filing their returns. Generally, people hire lawyers once the IRS has taken exception with a filing, not before.
After seeing Ted’s presentation and further discussions it became clear to me why employers are retaining attorneys “on the front end” when filing their returns versus waiting to hire legal counsel when and if a problem occurs.
It also became clear to me why so many firms are signing “ERC” clients and why other firms should be retaining ERC clients, more on this topic below.
Ted Forman is an accountant as well as a lawyer. Ted was also a former federal prosecutor who worked as a trial attorney prosecuting criminal tax cases in the Criminal Enforcement Section of the Tax Division of the Justice Department in Washington, D.C.
Ted is co-counseling with a significant number of firms that have retained ERC clients, that might not have been comfortable retaining these clients without the expertise of someone with Ted’s background on board.
While many firms may not have experience in tax matters, most firms have past clients, friends and family that own businesses.
It is not unusual for firms with contacts and name recognition to market for clients in cases in which the firm will include co-counsel in the performance of the client’s work.
Having Ted Forman as co-counsel allows any firm to take advantage of their name recognition and contacts to recruit clients that would benefit from having someone with Ted’s expertise on board.
Obviously, an attorney who is also an accountant and former “tax prosecutor” brings experience and expertise most firms do not have in-house.
Ted signs the returns for his clients and those of the firms he co-counsels, he also provides an audit guarantee. If any client is audited, Teds includes representing any client through the audit should one occur.
While no one at the IRS would likely admit this, having the signature of a former tax prosecutor, accountant and lawyer on a return might impact whether an individual agent decides to pursue a marginal case against a taxpayer.
Why I recommend having a conversation with Ted:
Email: ted@formanlawoffices.com
Phone: (561) 266 - 9998
Book your room today: http://bookings.ihotelier.com/bookings.jsp?groupID=3956304&hotelID=15542
This is a standardised guide to give you an idea of what size you will need, however some brands may vary from these conversions.
Ready to Wear Clothing
Size | XXS - XS | XS - S | S - M | M - L | L - XL | XL - XXL |
---|---|---|---|---|---|---|
UK | 6 | 8 | 10 | 12 | 14 | 16 |
US | 2 | 4 | 6 | 8 | 10 | 12 |
Italy (IT) | 38 | 40 | 42 | 44 | 46 | 48 |
France (FR/EU) | 34 | 36 | 38 | 40 | 42 | 44 |
Denmark | 32 | 34 | 36 | 38 | 40 | 42 |
Russia | 40 | 42 | 44 | 46 | 48 | 50 |
Germany | 32 | 34 | 36 | 38 | 40 | 42 |
Japan | 5 | 7 | 9 | 11 | 13 | 15 |
Australia | 6 | 8 | 10 | 12 | 14 | 16 |
Korea | 33 | 44 | 55 | 66 | 77 | 88 |
China | 160/84 | 165/86 | 170/88 | 175/90 | 180/92 | 185/94 |
Jeans | 24-25 | 26-27 | 27-28 | 29-30 | 31-32 | 32-33 |
Color: Gray
1 X $113.88
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