Previously, we mentioned a bill currently before Congress that would allow the IRS to suspend a person’s passport if they were found to be delinquent in their […]
Frequent overseas deployment, constant address changes, the added complexity of military tax returns, and confusion over complicated tax provisions such as the combat tax exclusion, are […]
The IRS has announced that it is holding funds, totaling more than $1 billion, that are awaiting a claim from the more than one million people who did […]
Previously, we posted a blog detailing the announcement by Credit Suisse Group AG, Switzerland’s second-biggest bank, that it intended to disclose confidential client account data to the Swiss […]
The IRS will implement new rules in 2012 that will likely affect most businesses. Changes have been made to the reporting rules for IRS form 1099, the […]
The IRS has released Notice 2012-1, which details the standard mileage rates taxpayers should use in 2012. Taxpayers may use the optional standard mileage rates to calculate […]
The IRS has released a revised Form 2848 Power of Attorney and Declaration of Representative with several important changes. The old Form 2848 (revised June 2008) allowed the […]
The IRS has recently announced its intent to seek data records maintained by small businesses that utilize accounting software programs, such as QuickBooks or Peachtree, when […]
Yesterday, we posted a blog describing a recent IRS investigation into Google’s method of reducing their tax bill by transferring intellectual property assets into overseas entities where […]