Newlyweds Need to Understand How Tying the Knot Affects Their Taxes Tax Checklist for Newly Married Couples Name. When a name changes through marriage, it is important to report that … [Read more...] about When You Say “I Do”, You Need To Do
Philadelphia CPA
John Doe Subpoena to Identify Foreign Holdings
As the Use of Cryptocurrency Gains Popularity, IRS Enhances Its Enforcement Procedures FBAR Reporting Requirement Every year, under the law known as the Bank Secrecy Act, U.S. persons … [Read more...] about John Doe Subpoena to Identify Foreign Holdings
Currently-Not-Collectible (CNC) Status – A Tax Resolution Alternative
Resolving a taxpayer’s tax debts with the IRS usually falls into one of three major categories. These three settlement options are offers-in-compromise (OIC), installment agreements (IA) and … [Read more...] about Currently-Not-Collectible (CNC) Status – A Tax Resolution Alternative
PA Announces PPP Proceeds Are Non-Taxable Income
Gov. Wolf Signs Senate Bill 109 Into Law PA has enacted into law (Act 1-2021) to help PA businesses better weather the Covid-19 pandemic. While the business community says it will help, they are … [Read more...] about PA Announces PPP Proceeds Are Non-Taxable Income
Check Your Mailbox for your IRS Debit Card
The Treasury Department and the IRS are issuing millions of second Economic Impact Payments (EIP) by prepaid debit card to speed delivery of the payments to as many people as possible. How to Check … [Read more...] about Check Your Mailbox for your IRS Debit Card
You Are Now Eligible for an IRS Identity Protection Pin
The IRS expands its Identity Protection PIN Opt-In Program to All Taxpayers Who Can Verify Their Identities What Is an Identity Protection Pin? The Identity Protection PIN (IP PIN) is a … [Read more...] about You Are Now Eligible for an IRS Identity Protection Pin
