From the taxation Tag

Small Business Health Care Tax Credit

The IRS has recently encouraged small employers who provide health insurance to their employees to use the Small Business Health Care Tax Credit.  The credit was included in the Affordable Healthcare Act of 2010.  […]

IRS Adopts Taxpayer Bill of Rights

In time for its wave of letters and inquires resulting from the 2014 filing season, the Taxpayer Advocacy Service of the IRS has issued a revised Taxpayer Bill of Rights.  The effort is made […]

No Bitcoin Reporting for 2014 FBARS

The IRS recently notified taxpayers that for 2014 it will not require taxpayers to include Bitcoin transactions in a Form 114, Report of Foreign Bank and Financial Accounts (FBAR).  But the IRS issued this […]

New Procedures for Reinstating Tax Exempt Status

The IRS recently issued new guidelines for reinstating an organization’s tax exempt status after it has been revoked because of failure to file returns for three consecutive years.  The reason this is necessary is […]

IRS Announces Fast Track Settlement Program For Small Businesses

The IRS has announced a program for small businesses that is similar to the Large Business Fast Track Settlement (FTS) Program.  The IRS’s stated goal of the FTS is to “ resolve tax differences at […]

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 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 […]