Dial, redial, repeat
TweetShareSharePin0 Shares We welcome back guest blogger Barbara Heggie. Barb is the supervising attorney for the Low-Income Taxpayer Project of 603 Legal Aid in Concord, New Hampshire. Her clinic serves taxpayers through the Granite State and is the only LITC in the state. Today, she describes a recent experience in trying to assist a client.
Are Taxes Complicated? Compared to What?
TweetShareSharePin0 Shares As the April 18 deadline for filing income tax rapidly approaches, many people will complain about how complicated the process is. But there is a flip side: The income tax provides “one stop” shopping that enables people to receive, in one fell swoop, the benefits of numerous social policies and economic incentives. Including
Tax Consultant Course
TweetShareSharePin0 Shares Being financially independent, you need to first get yourself a job. However, it can be hard to land work. You have to do well in interviews and still have useful skills. This post is going to debate a number of the actions you can take to square in the market to employers. A
Ninth Circuit Reverses Tax Court Interpretation of IRC 6751(b)
April 14, 2022 No Comments
TweetShareSharePin0 Shares The question of when a supervisor must give approval for imposition of a penalty has created much litigation in the Tax Court as taxpayers try to remove a penalty proposal by using the failure of the IRS to comply with the IRC 6751(b) approval process. In Laidlaw’s Harley Davidson Sales v. Commissioner, No.
service tax return online
April 14, 2022 No Comments
TweetShareSharePin0 Shares Service tax return is to be filed twice a year i.e on or before 25th Oct for the first half and on or before 25thApril for the second half. Posted by chandankumar20 on 2017-02-10 06:20:42 Tagged: , Service tax return , TAX TweetShareSharePin0 Shares
IRS’s FATCA enforcement fell short, TIGTA says
TweetShareSharePin0 Shares When Congress passed the Foreign Account Tax Compliance Act (FATCA) (as part of the Hiring Incentives to Restore Employment Act, P.L. 111-147) in 2010, the Joint Committee on Taxation estimated it would bring in $8.7 billion in revenues in the next 10 years. To that end, the IRS drafted an ambitious, agencywide FATCA
Tax donation 2009
TweetShareSharePin0 Shares Posted by Punk Rock Mom on 2009-05-09 17:56:44 Tagged: , taxes TweetShareSharePin0 Shares
More Schedule K-2 and K-3 FAQs posted
TweetShareSharePin0 Shares News PARTNERS & PARTNERSHIPS By Paul Bonner The IRS has added eight new questions and answers to its website’s frequently asked questions (FAQs) on Schedules K-2 and K-3, clarifying that affected partnerships and S corporations need complete only the forms’ relevant portions and addressing an array of special circumstances. The new material
APA and FBAR Skirmishes Continue in Schwarzbaum v US
TweetShareSharePin0 Shares A couple of months ago in 11th Circuit Remands Willful FBAR Penalty Case Back to IRS Due to APA Violation I blogged about Schwarzbaum v United States, where the Eleventh Circuit held that Schwarzbaum willfully violated his FBAR reporting obligations for three years but that the IRS miscalculated the FBAR penalties. As I discussed,
Tax Prep 2011
TweetShareSharePin0 Shares Waiting to prepare tax Posted by BCCE on 2011-03-07 22:10:40 Tagged: , Tax , Preparation , 2011 TweetShareSharePin0 Shares