1031, tax, exchange, services,real estate, property,misconceptions Although the vast majority of exchanges occurring presently are delayed exchanges, let us briefly explain a few other exchanging alternatives. Simultaneous ExchangeAs mentioned previously, prior to Congress modifying the Internal Revenue Code as to exchanges and formally approving the concept of delayed exchanging, virtually all exchanges were of the … Read more
Learned Hand earned the distinction as the “tenth Justice of the Supreme Court” by penning opinions that would be quoted by lawyers and laymen alike. In 1934, Circuit Court of Appeals Judge Hand wrote one of his more famous though often misquoted opinions in Helvering, Commissioner of Internal Revenue v. Gregory, 69 F.2d 809 (2d … Read more
An IRS tax professional will work quickly to stop the IRS bank levy or the IRS wage levy and return your funds. If you have not filed returns in a few years, using an IRS tax relief professional is particularly important. They can quickly stamp in your back tax years and negotiate for the best … Read more
In the world of international business, corporations that operate in different countries sometimes pursue reorganizations. They may do this to streamline operations to maintain a competitive advantage. They may also do it to change their corporate ‘persona’ with a new management and operating structure. When a multinational corporation reorganizes, it takes into consideration the tax … Read more
WARNING: This article might be boring! This article is aimed at UK Foreign Exchange traders who want to 1) know how to minimize their tax liabilities from forex trading, and/or 2) to know how to claim back from the UK tax authorities all the expenses incurred in their trading activities – legally. Before I go … Read more