MULTI-STATE RESIDENCY What You Need to Know To Avoid an Unexpected State Tax Liability Today, taxpayers may have multiple residencies for a host of reasons. An example could be a … [Read more...] about MULTI-STATE RESIDENCY
Archives for June 2018
Will Your Passport Be Revoked? Update to our January 5, 2016 Blog Posting In 2016, we had reported that the IRS had added another tool to its tool box to collect back taxes. Taxpayers with … [Read more...] about Will Your Passport Be Revoked?
Reboot Your Home Router FBI Issues Public Service Announcement You May Be a Target The FBI issued a Public Service Announcement (PSA) on May 25 recommending that any owner of small office and … [Read more...] about Reboot Your Home Router – FBI Issues Public Service Announcement
ROUND NUMBERS: PLEASE AUDIT ME Overuse of Round Numbers Increases Likelihood of an IRS Audit & Assessment of Penalties While most taxpayers are diligent about maintaining documentation and … [Read more...] about ROUND NUMBERS: PLEASE AUDIT ME
IRS Examining Education Credits Education Credits Catch IRS Attention The IRS is carefully monitoring taxpayers who claim education credits on their personal income tax returns due to increased … [Read more...] about IRS Examining Education Credits
You May Be Running Out of Time If You Own Offshore Accounts September 28, 2018 Effective Date The U.S. Government, concerned about offshore tax evasion, implemented the Foreign Account Tax … [Read more...] about You May Be Running Out of Time If You Own Offshore Accounts