Business Transactions
4 Costly Myths Taxpayers Have About the IRS’s Offshore Voluntary Disclosure Program (OVDP)
/
0 Comments
People who have undisclosed income in offshore accounts can —…
The Consequences Of Violating The Five-year Probationary Term After Getting An Offer In Compromise
The IRS offers a program called an Offer In Compromise (“OIC”).…
Why You Should Not Let Your Guard Down In An IRS Audit Under The National Research Program
Certain tax returns that are selected for audit by the IRS each…
Why Contacting Your Congressman Will Usually Never Help You Resolve Your Tax Problems
Although being a constituent of your elected Congressman gives…
Getting Ready For The 2017 Tax Filing Season
IRS Giving Taxpayers To April 18, 2017 To File 2016 Individual…
District Court Sets Low Standard For Willfulness In Failing To File FBAR
Until just recently, not much has come out of the Courts defining…
IRS Announces 2017 Inflation Adjusted Tax Benefits
It is hard to believe that we are just two months away from the year of 2016 and as always towards the end of each calendar year the IRS announces next year’s annual inflation adjustments. You can check for more than 50 tax provisions, including the tax rate schedules, and other tax changes for tax year 2017 in Revenue Procedure 2016-55. The tax year 2017 adjustments generally are used on tax returns filed in 2018.
IRS Issues Fall 2016 Report Card On OVDP Milestones And FACTA Implementation
IRS Issues Fall 2016 Report Card On OVDP Milestones And FACTA…
Go For The Gold And Pay Your Victory Tax – Olympic Medals Taxable
Go For The Gold And Pay Your Victory Tax – Olympic Medals Taxable
While…
Beware the Potential Tax Pitfalls of Investing in Offshore Mutual Funds or Owning Foreign Insurance Policies
Beware the Potential Tax Pitfalls of Investing in Offshore Mutual…