Extended Tax Filing Deadline | Commonly Overlooked Tax Disclosures
Extended Tax Filing Deadline | Commonly Overlooked Tax Disclosures This year the extended tax filing deadline for U.S. citizens or residents, sole proprietorships, […]
Deductibility Of S Corp Expense Paid By Shareholder
Tax Court in Brief | Vorreyer v. Comm’r | Thoma v. Comm’r | Dowson v. Comm’r | Deductibility of S Corp Expense […]
Tax And Business Climate In Iowa
This month we travel to the Midwestern state of Iowa, the Hawkeye State. Sitting between the Missouri and Mississippi Rivers, the state […]
Corporate Tax Revenue Raisers In The Inflation Reduction Act
In case you did not read the previous post from Annette Nellen, we want to point out the Corporate Revenue Raisers in […]
Second Citizenships And Golden Passports: Do You Have A Backup Plan?
An increasing number of wealthy Americans are seeking second citizenships for themselves and their families. They’re motivated by a mix of rational […]
International Tax Concepts: Tax Residency Status
U.S. Tax Residency Status As a general matter, all U.S. citizens and U.S. residents are treated as U.S. tax residents. A non-U.S. […]
Mr. FBAR’s Civil Penalty – Does 31 USC 5321(a)(5) Authorize The Imposition Of ANY Civil Penalty For Failure To File An FBAR?
This is Post 6 in a series of posts describing the historical, statutory and regulatory evolution of Mr. FBAR* These posts are […]
United States Income Tax Treaty Network Interactive Map: You Are Invited To Complimentary International Tax Symposium
The United States is a signatory to more than 60 income tax treaties with countries throughout the world. Each treaty offers unique […]
What 2022 Has Taught Us About FBAR Willfulness
What 2022 Has Taught Us About FBAR Willfulness The Bank Secrecy Act requires certain taxpayers to submit timely FBARs to the United […]
Learn Sales Tax Exemptions In 50 States (Part I of 2 Part Blog Post)
Alabama Sales Tax Exemptions Alabama levies a 4% state sales tax on all purchases of tangible personal property unless the transaction is […]
How Will Buying an EV Affect My Taxes?
Electric vehicles (EVs), plug-in hybrid electric vehicles (PHEVs), and other clean-energy vehicles continue to gain popularity, especially as gas prices soar. Is […]
3 Ways the Inflation Reduction Act Could Impact Your Taxes
By now, you’ve probably heard about the Inflation Reduction Act President Biden signed into law in mid-August. On the surface, it sounds […]