IRS Announces 2013 Filing Season Opens 30 January

Today the Internal Revenue Service announced that it plans to begin processing individual income tax returns on 30 January. 2012 returns will only be accepted from 30 January to allow time for systems changes as a result of tax law changes under the American Taxpayer...

Fiscal Cliff Crisis – the impact

Most of New Zealand is on holiday this week so the last thing they are watching with bated breath is the unfolding developments with the fiscal cliff. That is unless they are US expats with substantial income or investments, residing or holidaying here. The corollary...

Alternative Minimum Tax and The Fiscal Cliff

The current situation with Alternative Minimum Tax (AMT) is that potentially 100 million US taxpayers may experience a delay in being able to file their 2012 return. The problem is that there is a delay in issuing a fix, or a patch, to increase the exemptions under...
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