Aug 8, 2016 | Income Taxes, International
GPL: Keeping You in the Know ITIN Changes & Renewals As you may recall, The Protecting Americans from Tax Hikes (PATH) Act of 2015 overhauled the Individual Tax Identification Number (ITIN) rules and procedures. One of the major changes was the induction of the...
Jul 22, 2016 | General Tax Information, Income Taxes
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...
May 26, 2016 | Accounting, Income Taxes
Do you own your own business? Are you on payroll? Should you be? Usually the answer is simple. Payroll vs No Payroll: Sole Proprietor: As a sole proprietor payroll for you, as the business owner, is not on the table, as all monies flow to the personal tax return....
Jan 22, 2016 | Accounting, General IRS Information, Income Taxes
We are excited to announce the IRS began accepting electronically filed tax returns Tuesday, January 19th. Something many people may not be aware of: All individual tax payers are getting an extra three days to file their tax returns this year. The filing deadline is,...
Dec 8, 2014 | General Tax Information, Income Taxes
Tax payers tremble when the words “IRS audit” are mentioned. If you listen to radio and TV news or pundits that fear can be augmented this time of year, you’ll be left with the impression that there is a metaphorical gun pointing at all of us, just waiting to be fired...
Nov 10, 2014 | Income Taxes, International
Over the past decade, various forms of online gambling have been growing in popularity. Sources estimate that in 2013, the online gambling industry earned 30 billion dollars worldwide. Although federal law makes most internet gambling illegal across state lines, and...
