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IRS Examination Appeals | Here’s How To Overcome Tax Problems
…avoid litigation by resolving tax disputes internally in a way that promotes future voluntary taxpayer compliance with the tax laws. Examination appeals officers have greater authority and flexibility in deciding…
Expat Tax In The Philippines – Ultimate Tips You Need To Know
…or business in the Philippines, dividends, shares in profits of partnerships taxed as corporations, interest, royalties, prizes in excess of PHP1 0,000 and other winnings (including Philippine Charity Sweepstakes Office…
Can you explain the Tax Samaritan process in more detail?
…communications into a centralized, secure and organized area. Think along the lines of… no more sifting through emails or searching for attachments… All files, emails, comments and attachments related to…
Mexico Expat Tax Advice You Need To Know
…the following circumstances: I More than 50% of the individual’s income in a calendar year is derived from Mexican sources. The center of the individual’s professional activities is located in…
ACA Tax Complication – The Truth About Affordable Care Act
…tax credit. Eligibility for the ACA tax subsidy was based on estimated household size and income. Generally, individuals and families with estimated household incomes for the year between 100 percent…
Tax Information Exchange – A Critical Guide for Expats
Tax information exchange involves sharing financial data between countries under treaties or bilateral agreements. It plays a critical role in the global effort to enhance tax transparency and combat tax…
CA Franchise Tax Board Tax Resolution (CA FTB)
…levies to collect 100 percent of your delinquent balance for taxes, penalties, fees, and interest. If you are a taxpayer facing this situation, it is not one to take lightly…
Quick Review On The New Individual Tax Changes for 2015
2015 Individual Tax Changes From tax credits and educational expenses to the AMT, many of the tax changes affecting individuals for 2015 were related to the signing of the American…
Ultimate Tax Tips For Year-End Charitable Contribution for Expats
…school. Public Charities and Foundations: This includes community chests, trusts, corporations, and foundations organized in the United States and operates exclusively for charitable, religious, educational, scientific, or literary purposes. Contributions…
IRS Form 8938 – Practical Info You Need To Know
…are also reported on the FBAR (FinCen Form 114), it is more extensive and non-compliance can lead to additional penalties. The Form 8938 provides additional details not disclosed on the…