Friendly reminder- Thursday, October 15, 2015 is an important tax due date for our clients who are: Filing extended 2014 individual tax returns- Federal Form 1040 Setting up a Simplified Employee Pension (“SEP”) plan for ...
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Federal estimated payments for the third quarter for calendar year taxpayers are due.
On July 31, 2015, President Obama signed into law P.L. 114-41, the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 (the "Act"). Included in the Act are a number of important tax ...
The U.S. government has become increasingly concerned about, and focused on, offshore tax evasion. One tool the government has to combat tax evasion is the Report of Foreign Bank and Financial Accounts (FinCEN Report 114, ...
The IRS announced last week that criminals had attempted to access about 200,000 accounts in its Get Transcript online application and successfully obtained information from about 100,000 of those accounts. About 23 million taxpayers used ...
Implementation of new reporting requirements of the Affordable Care Act and application of the new tangible property repair regulations have made tax compliance for 2014 more time-consuming. We want to remind you that, as set ...
On the afternoon of Friday, February 13, 2015, the Internal Revenue Service (“IRS”) made it easier for small business owners to comply with the final tangible property “repair” regulations (“Regulations”). Revenue Procedure 2015-20 allows small ...
The Internal Revenue Service recently issued final tangible property “repair” regulations and disposition regulations (“Regulations”). These broad Regulations will likely impact most taxpayers in all industries. These Regulations generally apply to taxable years beginning on ...
The fiduciary of a complex trust or estate can elect annually to treat amounts paid or properly credited by the complex trust or estate to a beneficiary within the first 65 days following the close ...
