Innovative Strategies For Tax Controversies, Business Structuring And Estate Planning
Today, Pres. Trump unveiled the general outline for his new tax plan. Yes, to my great amazement, he is talking about simplification of the Internal Revenue Code. I do not know if Congress will let this happen, but the compliance cost of federal and state taxes is far...
Yesterday, the 115th Congress convened.The Republicans are in charge of both the House and Senate and there is been a lot of talk about tax reduction and “tax reform”. Does this mean we will get tax simplification? Since President Reagan signed the Internal Revenue...
GOP budget proposal would reduce top tax rate for businesses and individuals to 25% On March 20, Representative Paul Ryan (R-WI), chairman of the House Budget Committee, introduced his Chairman’s Mark proposing a new budget for fiscal year (FY) 2013 and setting forth...
All non profit organizations, including local Little Leagues, must file annually with the IRS. If the 990 is not filed, the Local Little League will lose its tax exempt status. See Notice see: http://www.TaxEsq.com
New IRS Offer In Compromise Forms The Internal Revenue Service has released a new version of Form 656-B, “Offer in Compromise Booklet,” and a revised Form 656, “Offer in Compromise.” The new Form 656-B contains all of the forms and instructions necessary to file an...
The AMT will continue to hit tens of thousands of unsuspecting taxpayers on their 2006 tax returns, which are due on April 17 this year. And, as one court case illustrates, you generally can’t wriggle out of the AMT at tax return time. Click Here for more information...
