Domestic Tax Law Archives - Page 31 of 31 - Foodman CPAs and Advisors

If you are an EXPAT or Thinking about Expatriating, Think about this……

9/16/16

If you re an EXPAT or Thinking about Expatriating, Think about this…… was published by the Daily Business Review on 9/16/16.

Daily Business Review

Did You Know That Payroll Taxes Non-Compliance Can Get You Into TROUBLE?

September 2016

S Corps are corporate entities through which the income and or losses of the entity pass through to its owner’s personal income tax return. It is estimated that 100% of the shares of approximately 70% of small businesses incorporated as

JD Supra

Do You Know About the 4 Scenarios in the IRS Collection Process?

August 2016

The IRS collection process begins when IRS does not receive full and timely payments from a taxpayer after it issues a collection notice. Based on the information in the taxpayer’s 1040 tax return, if the taxpayer does not pay the

JD Supra

Are you Eligible for an IRS Offer in Compromise?

August 2016

Are you Eligible for an IRS Offer in Compromise? was published by JD Supra on 8/15/16. IRS has a program called Offer in Compromise (OIC) which allows eligible Taxpayers to settle a tax debt with IRS for less than the

JD Supra

Taxpayers Have 10 Bills of Rights

June 2016

Each and every taxpayer has a set of fundamental rights they should be aware of when dealing with the IRS. The Taxpayer Bill of Rights (also known as TABOR) groups the existing rights in the tax code into ten fundamental

Foodman CPAs & Advisors

“Spider Webs”, “Panama Papers” and IRS

June 2016

“Spider Webs”, “Panama Papers” and IRS was published by JD Supra on 6/13/16. IRS has asked involved U.S. taxpayers to come forward before IRS reads and dissects the “Panama Papers”. IRS will “plan how to use the huge trove of

JD Supra

Don’t Let The I.R.S. Define Your Conduct As Willful, or Else…

June 2016

Don’t Let The I.R.S. Define Your Conduct As Willful, or Else… was published by JD Supra on 6/1/16. Something that most of us don’t realize is that Internal Revenue Service has stated that the taxpayer is responsible to learn IRS