From the evan nielsen Tag

What Happens If I Can’t Pay My Tax?

Your taxes are complete and the news isn’t as good as you’d hoped – you owe. But you don’t have the funds to pay right now. Despite how it feels, it may not be […]

Matters of the HEART (Act) – Part Five

This is the fifth, and final, in a series of blogs discussing the rules for expatriates under the 2008 Heroes Earnings Assistance and Relief Tax (HEART) Act. Prior blogs regarding this topic have discussed […]

Matters of the HEART (Act) – Part Four

This is the fourth in a series of blogs discussing the rules for expatriates under the 2008 Heroes Earnings Assistance and Relief Tax (HEART) Act. As previously stated in our prior blogs, there are […]

Matters of the HEART (Act) – Part Three

This is the third in a series of blogs discussing the rules for expatriates under the 2008 Heroes Earnings Assistance and Relief Tax (HEART) Act. As previously stated in our prior blogs regarding this […]

Matters of the HEART (Act) – Part One

If you are a non-citizen, long time resident of the United States, or you’re considering relinquishing your U.S. citizenship, then you should know that the IRS has rules that might affect you and your […]

The Taxpayer Advocate Service Focuses on Economic Hardship Cases

The Taxpayer Advocate Service (TAS) is an independent organization within the IRS. TAS helps financially distressed taxpayers who can no longer provide basic needs for themselves such as housing, food and transportation.  TAS also […]

New IRS Guidance For Innocent Spouse Procedures

Often times a spouse, or former spouse, may receive an enormous tax assessment from the IRS and have no idea why.  It might just be that the tax liability is the result of tax […]

Arizona Businessmen Sentenced for Failure to Disclose Millions in Swiss Bank Accounts.

Two prominent Phoenix businessmen were sentenced to 10 months in prison for failing to report over $8 million they controlled in Swiss bank accounts.  According to trial evidence, the businessmen filed false tax returns […]

Late Tax Filing Penalties for LLC’s – They can be waived!

Late filing penalties are assessed by the IRS any time you file a return later than the specified deadline. And while it’s possible to have these waived if you can show “reasonable cause,” the […]

Year End Charitable Giving – 3 things to Remember

As the Holiday season reaches full swing and the Tax Year draws to a close, thoughts often turn to more cheerful thoughts than taxes. But now is the time to make last minute adjustments […]