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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...

Affordable Care Act: Premium Tax Credit and Individual Shared Payment Reporting – Are you ready?

By taxingtimes on Feb 11, 2015 in International, irc, IRS, Obama care, Tax, Tax Day, Taxpayers

By: Joe Zitzka As we roll into tax filing season, have you considered how to handle the new Affordable Care Act reporting requirements? For the 2014 tax year, taxpayers will now be required to report health care coverage on their tax returns. There...