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 ...
Most Recent Articles For: Internal
Written by admin on August 2nd, 2011
Written by admin on July 27th, 2011
Article by Nicky Michael
Section 1031 in the Internal Revenue Service is a boon for a prospective investor, selling an investment property and wanting to make a profit by reinvesting in a similar property elsewhere in the country. This wonderful concept works on the principle of gain rolling from the ...
Written by admin on July 13th, 2011
A bank levy is a nasty tool the Internal Revenue Service has at their disposal to use against taxpayers they believe owe them money.The ...
Written by admin on July 9th, 2011
Article by Isaac Roy
Section 1031 of the Internal Revenue Code generally provides that neither gain nor loss is recognized if qualifying property is exchanged for other qualifying property of a like-kind. In the above scenario, you may defer the payment of 0K in both federal and state taxes if ...
Written by admin on July 3rd, 2011
If the Internal Revenue Service has placed a tax levy on your wages, you need the help of a tax professional, now. The Internal ...