Senior figures from the international banking industry have been meeting with high-ranking officials from within the Obama administration to express their concern over proposals to strengthen the Qualified Intermediary (QI) program. The QI program was established in 2000 to encourage foreign banks to report details of their US clients to the US Internal Revenue Service … Read more
IRS Back Taxes Payment Plan Surprisingly, establishing a repayment schedule with the Internal Revenue Service is comparatively easy. This can be done all on your own should you believe you are sure of what you really are carrying out. Otherwise, you really should employ an IRS tax attorney or tax professional in order to show … Read more
IRS Tax Attorney for Your Tax Debt It may seem it’s not necessary to hire an IRS tax attorney for your tax debt in the beginning; however it will not take very long to discover that professional guidance is absolutely essential. Whatever associated with the Internal Revenue Service and earlier due taxes can turn out … Read more
SAFE HARBOR GUIDANCE Tax deferred exchanges have been part of the U.S. Tax Code since 1921. Since that time, the government has approved certain methods to structure exchange transactions that are so called “safe harbors.” For example, in 1991 the U.S. Treasury issued final regulations that provided important guidance on the structure of delayed exchanges … Read more
As the economy struggles to regain its footing, the housing market remains a viable option for many people who want to invest in something more stable than the stock market. For those looking for a tax opportunity, the available farms and ranches for sale in Texas right now may offer you the perfect solution. Now … Read more