Tax Extenders: Making Sense Of The New Laws

On February 9, 2018, at the 11th hour Congress passed the budget bill and it was signed into law. In an unprecedented move, Congress extended a few tax deductions and credits to 2017 that had expired on December 31, 2016. Because there was absolutely no advanced...

ITIN Update

Individual Tax Identification Number IRS Update to CAA Rules and ITIN’s Certifying Acceptance Agents (CAA) are more in demand than ever been. However, their ability to perform the much needed service to resident taxpayers has been limited by the IRS to certifying the...
Kiddie Tax

Kiddie Tax

Does your child need to file a tax return? As parents, we all try to do the responsible thing and put money away and/or create investment accounts for our children. A great thing is when the money starts making more money. Everyone likes that. As adults, we know we...
FBAR Deadline Near

FBAR Deadline Near

Have you filed your FBAR? If not, it’s okay, there is still time as the due date is June 30th. Here is a short guide to help you with your efforts in gathering the information and understanding why you are filing this report. FBAR Rules and Definitions The Report of...