IRS starts ‘paperless processing’ initiative
Accounting Today By Michael Cohn August 02, 2023, 4:32 p.m. The IRS launched what it’s calling...
Estate & Wealth Tax
Tax Briefings, 2023 TAX YEAR-IN-REVIEW
From CCH – Jan. 5, 2024 IRS Busy Despite Any Significant Legislative Action In 2023...
Nonresident alien tax return guide
What income goes on Form 1040NR? The IRS divides nonresident income into two main categories:...
What to Do on Tax Day if You Owe Back Taxes (and Can’t Pay)
If you owe back taxes and can’t pay, file on time, pay what you can,...
How to report foreign dividend income on a US tax return (Guide)
How to avoid using the wrong tax rate To avoid this, taxpayers should identify the...
Trust Capital Gains Distribution to Income Beneficiaries Explained
Can a trust distribute capital gains to the income beneficiary, or do gains stay taxable...
Payroll tax debt relief: How to resolve IRS business debt
What is tax debt relief? Tax debt relief refers to IRS programs and strategies that...
Is It Better to File Taxes Early or Wait Until Tax Day?
Every year, taxpayers face the same question: should you file your taxes as soon as...
Unfiled tax returns: what you need to know before the IRS acts
Why unfiled taxes become a serious problem The IRS doesn’t forget. While you might push...
Estate Planning for High-Net-Worth Individuals with Existing Tax Liens
For high-net-worth individuals, addressing the complexities of estate planning while managing existing tax liens is...