Traveling? Resolve Tax Debt Before Getting Your Passport
...which the IRS has filed a Notice of Federal Tax Lien and the period to challenge it has expired or the IRS has issued a levy. Before denying a passport...
...which the IRS has filed a Notice of Federal Tax Lien and the period to challenge it has expired or the IRS has issued a levy. Before denying a passport...
We have recently published the below article in Money Life, a weekly online finance magazine. https://www.moneylife.in/article/make-sure-you-have-filed-fatca-compliance-certifications/56190.html Many Indian banks and financial institutions have in recent years been requesting customers to...
...be multiplied by 2.5% can be complicated by the history of the property, which includes furniture and equipment that has not been in service more than ten years, but excludes...
Enacted legislation requires the New Jersey Division of Taxation to establish a 90-day state tax amnesty period that ends no later than January 15, 2019. The Legislature had previously passed...
...charitable gifts. If you’re in such a scenario, then perhaps the most valuable year-end tax planning strategy is to accelerate charitable contributions before the end of 2018. One of the...
...filers, while the additional standard deductions for the elderly and blind are retained. Personal exemptions: Personal exemptions, including exemptions available for qualified for dependent children and relatives, are repealed. Accordingly,...
Give more to charity in 2017. Have you been meaning to donate? If so, get it done by year’s end. It helps reduce your income this year when tax...
...of federal tax lien has been filed and all administrative remedies under IRC § 6320 have lapsed or been exhausted or IRS Levy has been issued Thus, you will not...
...choice if a large, income-producing transaction will occur in the months after the selected year end. Choose strategically for maximum income deferral. Estates do not have to make federal quarterly...
...guidance, and may not be appropriate, applicable or necessary for every audit. Auditors should use discretion, in consultation with their supervisors when needed, when deciding which techniques should be used...
...with the developments that have taken place since the launch of the Economic and Financial Partnership and look forward to continued engagement in an effort to strengthen our relationship, our...
...intended to reach assets for which there was no underreported tax liabilities even if the assets were omitted from the FBAR or Form 8938.” This revision would ensure that the...