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Protect Yourself Against Tax Fraud

By Amanda Wilson on Feb 5, 2016 in identity theft, International, IRS, Tax

By: Amanda Wilson I've written in the past about the huge amount to tax identity fraud that takes place, and some ways that you can protect yourself. Today's Wall Street Journal has a great article with other suggestions that you can take. The...

Treasury Cracking Down on Secret Real Estate Sales

By Amanda Wilson on Jan 14, 2016 in Real estate, International, irc, IRS, LLC, Tax, treasury

By: Amanda Wilson There was an interesting story this morning on CBS about the Treasury Department cracking down on secret real estate sales. Going forward, buyers and sellers may be limited in their ability to hide behind limited liability...

Shorter Built-in Gains Period for S Corporations

By Amanda Wilson on Dec 22, 2015 in Other, Congress, International, IRS, path act, 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...

Extenders Bill Expected in the House

By Amanda Wilson on Dec 8, 2015 in Congress, government, International, IRS, medical marijuana, Tax, tax extender

By: Amanda Wilson It seems that this time every year, Congress struggles with whether it will pass temporary tax breaks referred to as "tax extenders" (see discussion of last year's extenders package here). As we count down the days to 2016, we once...