and you know what they say about getting what you pay for. That's why when it is time for you to file your own taxes, I urge you to get additional, professional, paid-for guidance from an accountant, Enrolled Agent, or other reputable, qualified tax preparer who is familiar with your...
While generally adopting the Proposed Regulations, the Final Regulations notably increase the foreign ownership threshold that triggers the “look through” of a domestic “C corporation” that owns an interest in a US real estate investment trust (REIT) for purposes of determining wheth...
“We have seen a substantial share of what used to be the social safety-net migrate from the public-expenditure side of the federal ledger to being run through the tax code,” points out Gordon Gray of the American Action Forum, a think-tank. …theirs…stands as one of the few federal ...
When carrying out an asset seizure, the IRS will frequently seize real estate property, automobiles, private aircraft, and even business assets if they get judged as “ill-gotten gains,” or assets obtained by engaging in unlawful activity. Fortunately, many safeguards are in place that ensure t...
Bono has declared himself to be the collection agent. And the Republicans jumped when he called. How can it be that the Republican Party, which once advocated free enterprise, limited government and individual liberty, could fall for such a wealth redistribution scheme, and at the request of ...
Later, a Philadelphia IRS agent testified that the 1988 law contains one reform--a 58-point checklist used to rate agents’ respect for proper procedure--that is “actually being used to the ultimate harm of both the IRS collection personnel and the American public.” He said the form “amo...
agent in charge of re-fling. The second agent then told her that the form was filled out wrong and the first agent must have made some mistakes. He then proceeded to correct those mistakes. The correction and re-filing process took the second agent almost 3 hours to complete. Some time ...
agent cannot disclose specific information about crimes for which the taxpayer is being investigated. However, they can ask questions that might cause the agent or investigator from the other agency to infer something that could, in turn, lead them to open a separate investigation into your ...
ERISA Notices The Borrower shall deliver or cause to be delivered to the Administrative Agent, at the Borrower’s expense, the following information and notices as soon as reasonably possible, and in any event: (a) within fifteen (15) Business Days after the Borrower or any ERISA Affiliate kn...
Find you a qualified 1031 Exchange RE Agent or Broker. Help you locate a professional 1031 Attorney or Accountant. Supply the financing on your replacement property. Most importantly, weanswer any 1031 related questions. A1031 exchange, otherwise known as a tax deferred exchange isa simple strategy...