insights
IRS Will Automatically Issue First‑Time Penalty Relief Starting in 2026
IRS Will Automatically Issue First‑Time Penalty Relief Starting in 2026 For decades, many taxpayers have been penalized by the IRS for simple one‑time mistakes—filing a return late, paying after the...
IRS and AI: A Year of Transformation
In 2025, the IRS significantly expanded its use of artificial intelligence (AI), shifting from pilot projects to operational tools in audits, compliance, and taxpayer services. This evolution was...
IRS phases out paper refund cheques
Starting September 2025, the IRS will no longer issue paper refund checks to individual taxpayers. Instead, refunds will be delivered electronically, with direct deposit as the standard method. What...
IRS Operations Update
The IRS announced on November 19, 2025, that it has resumed normal operations following the shutdown. Unlike previous government shutdowns, more than half of the agency’s 39,982 employees were...
Let’s take a deep dive into Form 5471 and IRS penalties Part Two: Form 5471 Civil Penalty Cases
This three-part series takes a detailed look at civil penalties, particularly with respect to international information return Form 5471. The statutory framework for civil penalties was discussed in...
Let’s take a deep dive into Form 5471 and IRS penalties Part One: Civil Penalty Framework
Introduction This three-part series will focus on IRS civil penalties, mainly as these relate to failure to file international information returns. The framework for civil penalties is discussed...
AICPA reports ‘trickle’ of information flowing from the Internal Revenue Service amidst ongoing U.S. government shutdown
With the shutdown entering its fifth week, the U.S. tax industry awaits information relating to recent tax law changes. Concurrently, key events draw closer: the annual IRS efile shutdown, and the...
AICPA lobbies the Internal Revenue Service (IRS) due U.S. government shutdown impact on U.S. taxpayers and tax practitioners
The U.S. government shutdown is now into its 16th day, creating confusion and havoc in the U.S. tax community across the globe. The AICPA commented earlier today that fears are growing for the...
Interpretation statement IS 25/18: Income tax: Whether money or property received by New Zealand tax residents from overseas is income from a foreign trust – Part Two
Introduction and scope Part One of this article addressed the N.Z. tax implications of distributions from foreign inter vivos trusts[1] as set out in IS 25/18: Income Tax – Whether money or property...
Also plus point , she follows you up again . I would say very help full person . Recommend to go with her , no second thoughts .
Gina is always prompt in responding to my email and phone conversation questions and her professionalism has inspired my confidence in her many times over.
She has guided me through my annual tax return filing with integrity and honesty and I fully trust her to get the job done well each year.
P.O. Box 106223
Auckland City 1143
Auckland
New Zealand
Phone No.: 09-5255931
NZ US Tax Specialists Limited is a registered trademark. All rights reserved.