Why are more Americans renouncing their US citizenship? Whereas most taxpayers likely don’t pay sufficient attention to part III of Schedule B when having their Form 1040 prepared, some Americans are … [Read more...] about WHY AMERICANS ARE RENOUNCING THEIR US CITIZENSHIP
IRS Tax Planning Ideas, Tips & News
TAX-FREE GIFTING TO FUND CHILD’S COLLEGE EDUCATION
You are financially successful and have a child who will be attending college. You begin the process of completing a FAFSA application (Free Application for Federal Student Aid) and quickly discover … [Read more...] about TAX-FREE GIFTING TO FUND CHILD’S COLLEGE EDUCATION
TAX TIPS FOR MARRIED COUPLES DIVORCING
Since we discussed tax tips for newlyweds last week, and since almost 50% of US marriages result in divorce, here are some additional tax tips and considerations for married couples contemplating … [Read more...] about TAX TIPS FOR MARRIED COUPLES DIVORCING
TAX TIPS FOR NEWLYWEDS
If you and your loved one recently got married, the following need to be considered so that when April 15 rolls around, you have everything under control. What will the married name be? If the … [Read more...] about TAX TIPS FOR NEWLYWEDS
POSSIBLY THE MOST IMPORTANT FACTOR THAT WILL DETERMINE YOUR AUDIT ASSESSMENT
Although those who have gone through an audit exam may disagree, auditors are human beings. Well, at least we have found that most of them are. Are you aware that the most important factor that may … [Read more...] about POSSIBLY THE MOST IMPORTANT FACTOR THAT WILL DETERMINE YOUR AUDIT ASSESSMENT
“AUDIT-PROOF” YOUR BUSINESS FROM IRS AUDITS? – Part 4
Vince Lombardi, when he coached the Green Bay Packers football team, was quoted as saying that “The best defense is a good offense”. If you are being audited by the IRS, you need a good offense to … [Read more...] about “AUDIT-PROOF” YOUR BUSINESS FROM IRS AUDITS? – Part 4
