The Tax Professionals Blog · 446 articles
On June 26, 2014, the IRS issued information about its new voluntary Annual Filing Season Program (AFSB). But before you get too excited...
Read moreIf so, you should take note of a tax court case (Hom (DC CA /6/4/2014)) decision requiring an on-line gambler to file an FBAR for an on-l...
Read moreThe IRS has released (effective 6/12/14) the final Cir 230 Regulations dealing with written advice provided by tax practitioners. As par...
Read moreWhen petitioners filed for Chapter 7 bankruptcy, they sought to exclude roughly $300,000 in an inherited individual retirement account (I...
Read moreBackground: As you all should know Sec 580b of the California Code of Civil Procedure (CCP) provides that no deficiency shall be owed or ...
Read moreThe IRS announced that it is discontinuing its historical opposition to this exclusion and will now treat Medicaid waiver payments as exc...
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