On April 2, 2009, the IRS announced they will reduce the penalty for not filing a Report of Foreign Bank and Financial Account, known as a ...
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Written by admin on September 25th, 2011
Written by admin on August 2nd, 2011
You know June 30th is the last day to report your foreign bank accounts details (fbar) to IRS. So remember, if you're an American citizen, and have over K in foreign bank account, savings ...
Written by admin on May 17th, 2011
Every time you give someone money or property which may be subject to payment of gift tax. The federal government has guidelines were the gift of the property tax and gift tax rates for ...
Written by admin on May 3rd, 2011
YOU MAY NEED TO FILE FOR AN EXTENSION
A 1031 exchange is reported on the tax return for the tax year in which the exchange begins, i.e. the tax year the relinquished property is transferred, ...
