...technical tax bill looking for revenue, so expect the IRS and the government to interpret the bill under that notion. The CARES Act also created a new exception to the...
...government. In these trying times, we have compiled our top tips for people to use: Tax day Extended: the IRS has announced tax returns have a 90-day extension of time...
...web conference, email and other forms of communication. It should also let medical providers accept such indirect forms of communication and decision-making by a health care agent and specifically hold...
...with hundreds of clients regarding their offshore asset compliance issues. Patel Law Offices is a law firm dedicated to helping clients resolve complicated tax, criminal tax, and international tax problems....
...prevent future problems. If you have any questions relating to estate planning, do not hesitate to contact our office. Our office has remote virtual consultations to facilitate safe planning. Together...
...and has numerous complex international tax forms. This is the first time the IRS has actually reduced the administrative burdens and related costs tied to filing these forms. While the...
...entirely independent) children outlive them. We strongly recommend that asset planning and support services need to be put into place to provide care for disabled persons. Here are some important...
...the IRS The IRS Appeals Office will conduct a de novo review of the taxpayer’s liability, including his or her reasonable cause defense. A taxpayer cannot challenge the underlying liability...
...tax uncertainties. It is important to review tax plans and estate plans with all advisors before the upcoming 2020 election. If Democrats win, it is probable that taxes will increase....
...withdrawn free from federal income tax. So, under the pre-SECURE Act RMD rules, a stretch Roth IRA could provide protection from future federal income tax rate increases for many years....
...non-compliant with their foreign asset and income tax form reporting requirements, they should consider getting qualified tax legal advice and considering applying to one of the IRS’ voluntary disclosure programs....
Lifetime gift giving can be an effective estate planning strategy for high net-worth clients. Although the estate tax is imposed on the aggregate of the taxable estate and lifetime taxable...
