Last week, the Florida Supreme Court unanimously ruled that foreigners and out-of-state residents may qualify for the homestead exemption from property taxes found in the Florida Constitution when […]
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 […]
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 […]
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 […]
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 […]
In a case that could impact the future tax policy of municipal governments, the U.S. Supreme Court ruled today that the city of Indianapolis did not […]
Previously, we reported on Facebook co-founder Eduardo Saverin, who renounced his American citizenship months ahead of Facebook’s initial public offering, which occurred on Friday, May 18. Many […]
On Monday, May 7, the Florida Supreme Court heard arguments in a case involving a Honduran couple that could have major implications for all non-residents of Florida who […]
Since we have previously established that the IRS is willing to make taxpayers wait a substantial period of time for their refunds while they sort out identity […]
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 […]