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Amanda Wilson

More Tough Talk on Cracking Down on Offshore Activity

By Amanda Wilson on Feb 18, 2015 in government, International, IRS, Tax, treasury

By: Amanda Wilson In what is becoming a popular refrain, we are continuing to hear tough talk by government officials on cracking down on offshore activity. The most recent target is once again corporate inversions. In simplest terms, a corporate...

Extra Fraud Protection For Floridians

By Amanda Wilson on Feb 12, 2015 in code, fraud, identity theft, IRS, tax fraud

By: Amanda Wilson As mentioned in our earlier post, tax identity theft is a big issue right now. I am happy to share with you that some help combatting this issue is now available to residents of Florida, Georgia, and the District of Columbia. If...

Shortening the Built-in Gains Period?

By Amanda Wilson on Feb 12, 2015 in Congress, government, International, IRS, S Corporation, Tax

By: Amanda Wilson An S corporation is a popular tax vehicle, as it allows for a single layer of tax instead of the double layer of tax imposed on regular corporations. Instead of the S corporation paying tax, the taxable income of the S corporation...

Don't Break the Bank

By Amanda Wilson on Feb 3, 2015 in code, irc, IRS, LLC, Partnership Tax, Tax

By: Amanda Wilson Because of the significant flexibility and tax benefits associated with partnerships, many businesses utilize partnerships in some shape or form. For tax purposes, a partnership can be in the form of a general partnership, limited...