Deadline for reporting foreign accounts The deadline for filing the annual Report of Foreign Bank and Financial Accounts (FBAR) is the same as for a federal income tax return. This means that the 2017 FBAR, Form 114, must be filed
11 Days Left To File Your Taxes
Are you working too much to sit down for a tax appointment? Do you think your taxes are too complicated to do on your own? Well, there are only 11 days left to file on time. If you are filing
12 Days Left To File Your Taxes
The date has been stamped as April 17th, so that means only 12 Days Left to File your Taxes. If you have less than 3 W2’s, Single and you are not claiming any dependents and are not itemizing, your cost
IRS reminds taxpayers to report virtual currency transactions
According to a news release today by the IRS, taxpayers who do not properly report the income tax consequences of virtual currency transactions can be audited for those transactions and, when appropriate, can be liable for penalties and interest. In
Taxing Foreign Partners
After reading this article this morning, we as tax professionals really have to be on top of the new rulings that come out. In this article the law had the ability to realize that the company did not owe simply