IRS Archives - Florida Tax Law Blog

September 28, 2015

International Financing for Green Cards?

Many U.S. businesses get their funding from local banks or private U.S. investors. Sometimes, however, there is an opportunity to get financing from abroad on more […]

July 15, 2013

Have You Received a Notice From the IRS?

One of the scariest moments is going to the mailbox and finding a notice from the IRS. The worst thing to do is to throw it […]

December 11, 2012

Whatever you do, file your taxes!

The IRS, and for that matter any state government, doesn’t care how famous or popular you may be. They only care that you file and pay your […]

September 20, 2012

IRS Treatment Of Forgiven Student Loan Debt Causing Concerns

In the wake of the housing market collapse, many people have become familiar with the concept of cancellation of debt (COD) income. The basis for COD […]

September 12, 2012

IRS $104 Million Whistleblower Payment Should Make Foreign Account Holders Nervous

Bradley Birkenfeld, a former UBS AG bank executive, was instrumental in helping U.S. authorities expose tax evasion facilitated by the Swiss banking giant. The information Birkenfeld […]

September 7, 2012

Church May Have Violated IRC By Endorsing Romney For President

St. Raphael Catholic Church of El Paso Texas appears to have violated the IRC by endorsing Mitt Romney in its bulletin. “I am asking all of […]

August 21, 2012

Tax Tips For Charitable Giving

Contributing money and property to a charitable organization is one of the ways that a taxpayer can support a charitable cause while simultaneously reducing their income […]

August 6, 2012

IRS Rules That Donations To Single Member LLCs Wholly-Owned By Charities Are Deductible

The IRS has issued a new notice which offers guidance regarding the deductibility of contributions made to a single member LLC that is wholly-owned by a […]

June 28, 2012

IRS Denial Of Tax Exempt Status To Political Group May Be Cause For Other Groups’ Concern

A recent decision by the IRS to revoke the tax-exempt status of Emerge America, a small political nonprofit organization, may concern larger groups, such as Crossroads GPS and Priorities USA, that […]

June 18, 2012

GOP Lawmakers Send Letter To IRS Demanding Justification For Donor Name Requests

It seems as if the ongoing saga between the IRS and political action committees (PACs) took another turn today as eleven Republican senators who serve on […]

June 8, 2012

IRS Denial Of Tax Exempt Status To Political Group May Be Cause For Other Groups’ Concern

A recent decision by the IRS to revoke the tax-exempt status of Emerge America, a small political nonprofit organization, may concern larger groups, such as Crossroads GPS and Priorities USA, that […]

May 24, 2012

IRS Announces Changes To Offer In Compromise Programs As Part Of Fresh Start Initiative

In the latest installment of the fresh start initiative, a program designed to assist taxpayers with settling their tax bills, the IRS has announced that it will […]