LATEST NEWS
Renouncing U.S. Citizenship? Are you subject to Exit tax?
Renouncing U.S. citizenship or giving up long-term residency is not
Offer in compromise rejected? You might appeal
IRS Offer in Compromise Rejected? Here’s What You Can Do Next (CPA Help Guide) If your IRS Offer
Charitable donations – Cash vs In kind? Does a pledge count?
Based on numerous reports around three out of four Americans donate to charity on a regular basis. These
Got a tax notice? Review carefully as it might be wrong
Last week, some of our clients and other tax professionals have been sharing with us some of their
Disagreeing with the IRS? Consider the Independent Office of Appeals
In the IRS Tax Tip 2024-47, it presents the option of reaching out to the Independent Office of
MORE NEWS
FinCen estimates around 9 million hours spent requesting access to BOI
The numbers for the FinCen BOI requirement starting 2024 are staggering. FinCen is going to allow access to the data collected from
Personal data hacked 3 billion data points. Protect yourself. Get the IRS Identity Protection PIN
More and more often, personal data gets hacked, exposed, etc. Some of you remember the Equifax data breach with 147 million people
Ban on non compete agreements on hold by Federal judge
At the end of August 2024, a Federal judge from Texas put a hold to all the ban on non compete agreements.