By Gina Gatchell, Director IRS Announces Tax Relief for US persons with Certain Foreign Retirement and Non-Retirement Accounts In refreshing news this week, the IRS has decided to exempt from burdensome information reporting requirements eligible foreign retirement...
Whilst, not all IRS notices are bad news, receiving a notice advising of a penalty is not pleasant. We may be able to be of assistance with the removal of a penalty such as a late filing penalty in certain circumstances. We indeed had a successful outcome today with...
On the subject of taxpayer advocacy, the National Taxpayer Advocate delivered it’s annual report to Congress last week. Which actually turns out to be quite an eye-opener for a number of reasons. The report’s number one recommendation was the need for tax...
